Bookmaker

organization or person that takes bets on sporting events

A bookmaker, bookie or Turf Accountant is person or company that collect bets for sporting events. Bets are placed and the winnings are paid when the chosen team wins or the event happens. If team that was chosen wins, the person betting will win their money back with some earnings.[1]

Bookmakers on a greyhound race course, Reading, UK

Bookmakers are very popular in UK and Ireland. The person betting can chose from many variations. Most bets are made in sports such as football, horse racing and rugby.[2] Bets can also be placed for events such as Academy Awards or presidential winners. The first known bookmaker in the United Kingdom was Harry Ogden in the1790s.[3]

References change

  1. "Bookmaking - gambling". Encyclopedia Britannica.
  2. "Bookmaker Sportsbook Review with Deposit Bonus & Promo Code For 2013". Archived from the original on 2013-03-06. Retrieved 2013-03-16.
  3. Munting, Roger (1996). An Economic and Social History of Gambling in Britain and the USA. Manchester University Press. p. 89. ISBN 978-0-7190-4449-6.