Bookmaker

/ˈbʊkmeɪkər/ noun

Definition

A person who takes bets on sports events or races and pays out winnings, essentially running an illegal or legal gambling operation.

Etymology

From 'book' (the record of bets) and 'maker' (one who creates). Originated in 19th-century Britain with horse racing culture.

Kelly Says

Bookmakers are mathematical geniuses in disguise—they must instantly calculate odds, predict human behavior, and manage risk to ensure they make money no matter who wins!

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