Bookmaker
/ˈbʊkˌmeɪkər/
Definitions
- (n.) A person or business that accepts and pays off bets on sporting and other events according to published odds.
The bookmaker set the odds for the upcoming horse race.
Forms
- bookmaker
- bookmakers
Related terms
Commentary
In legal contexts, a bookmaker is subject to specific regulations depending on jurisdiction, particularly relating to licensing and gambling laws.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.