bookmaker

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Thân thiện
bookmaker

A man places a bet with a bookmaker at the racetrack.

Definition
  1. Noun:
    • A person or organization that accepts and pays out bets on the outcome of events, especially sporting events: A bookmaker calculates odds and accepts wagers, profiting from the difference between the amounts wagered on all possible outcomes.
    • A person or company involved in the production of books: This can refer to someone who edits, publishes, or binds books.
Examples of Usage

  • Noun (Gambling):

    • He placed a £10 bet with an online bookmaker on the football match.
    • The bookmaker offered favorable odds on the underdog.

  • Noun (Publishing):

    • The skilled bookmaker restored the antique manuscript with a new leather binding.
    • She worked as a bookmaker for a small, independent press.
Advanced Usage

  • "To set up as a bookmaker": To establish a business accepting bets.

    • After years as a punter, he decided to set up as a bookmaker.

  • "Legal/illegal bookmaker": Distinguishing between licensed/regulated operators and unlicensed ones.

    • He was arrested for placing bets with an illegal bookmaker.
Variants and Related Words

  • Bookmaking (n): The profession or activity of being a bookmaker, especially in gambling.

    • Bookmaking is a heavily regulated industry.

  • Bookie (n, informal): A common, informal shortening of "bookmaker" in the gambling sense.

    • He called his bookie to check the latest odds.
Synonyms
  • Turf accountant (n, formal): A formal term, primarily British, for a bookmaker in gambling.
  • Oddsmaker (n): A person who sets the betting odds, often used synonymously with bookmaker in some contexts.
  • Publisher (n): A synonym in the context of the publishing sense.
  • Binder (n): A synonym in the specific context of the bookbinding sense.
Related Phrases
  • "To lay off a bet" (Professional practice): When a bookmaker places a bet with another bookmaker to reduce their own risk on a particular outcome.
    • The bookmaker laid off a large portion of the wager to minimize potential losses.
Related Idioms
  • "Against the bookmaker": Betting in opposition to the odds set by the bookmaker.
    • The public sentiment was against the bookmaker, with most money coming in on one team.
bookmaker

A man places a bet with a bookmaker at the racetrack.

Noun
  1. a gambler who accepts and pays off bets (especially on horse races)
  2. a maker of books; someone who edits or publishes or binds books

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