bookmaker
Noun
Meaning
One who writes and publishes books; especially, one who gathers his materials from other books; a compiler.
A betting man who "makes a book." See To make a book, under Book, n.
Source: Webster's dictionarySynonyms
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Phrases with the word
Examples
ATLANTIC CITY — Caesars Entertainment said Wednesday it is buying British bookmaker William Hill for $3.7 billion i… https://t.
A Baltimore bookmaker is facing indictment when he suddenly skips town on the Fourth of July 1976.
Furthermore, 3% of millennials admit to placing a bet with a bookmaker online in the past year.
DraftKings sportsbook director Johnny Avello and longtime Las Vegas bookmaker Vinny Magliulo make the NHL a slight favorite to be the first league to restart its season.
As long as the total amount wagered on each side is roughly equal, the bookmaker is unconcerned with the actual outcome; profits instead come from the commissions.
In the more usual case of an imbalanced book, the bookmaker may have to pay out more winnings than what is staked or may earn more than mathematically expected.