A person who prints or binds books.
Used in a Sentence
bookmaker
Definitions, parts of speech, synonyms, and sentence examples for bookmaker.
Editorial note
But it was impossible with traditional gambling, where a bookmaker can set any odds and reject any bets.
Examples16
Definitions3
Parts of speech1
Quick take
A person who prints or binds books.
Meaning at a glance
The clearest senses and uses of bookmaker gathered in one view.
A person who compiles books from the writings of others.
(gambling) A person (or a business) who calculates odds and accepts bets, especially on horse racing; a bookie.
Definitions
Core meanings and parts of speech for bookmaker.
noun
A person who prints or binds books.
noun
A person who compiles books from the writings of others.
noun
(gambling) A person (or a business) who calculates odds and accepts bets, especially on horse racing; a bookie.
Example sentences
But it was impossible with traditional gambling, where a bookmaker can set any odds and reject any bets.
A lot of betting in England is now betting exchanges, so it's not punter against bookmaker but punter against punter.
Any right-minded bookmaker would have voided that bet given that it was proven that the outcome had leaked ahead of time.
This also lists odds from the bookmaker Paddy Power, giving Leo 3-to-1, Peter 2-to-1, Gregory 6-to-1, Pius 8-to-1.
With sports betting (of the type in the article) you're betting against the bookmaker.
A casino or bookmaker doesn't need to heuristically identify betting behaviour that's 'smart'.
I have been approached in the past by a bookmaker about trading my info with them for a weekly tab.
No highly-regulated bookmaker in the UK would take that bet as written.
If you are a bank or a bookmaker or similar you may well want to have total control of physical access to the machines.
I know one bookmaker I worked with had their own mini-datacenter, mainly because of physical security.
I am not aware of any large exchange or bookmaker offering decimal odds lower than 3.00 at any point during that period.
Until recently the government even owned it's own bookmaker.
Quote examples
There was a court case regarding "database rights" for horse racing data in the UK, where the British Horseracing Board sued William Hill (a bookmaker) and lost the case.
The author focuses on why "No" would probably win but the determining factor should have been whether his assessment of the actual odds were better than the bookmaker's implied odds.
There is a nice (basic) explanation of this idea in the book by Baxter and Rennie "Financial Calculus" where they compare the 'expected value' approach of a bookmaker and the 'no-arbitrage' approach.
They all have apps these days, and just like a local bookmaker might "accidentally" remove your name from their legally required self-ban list it's very common that a "bug" in your phone app means you can keep gambling after saying you want to stop.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use bookmaker in a sentence?
But it was impossible with traditional gambling, where a bookmaker can set any odds and reject any bets.
What does bookmaker mean?
A person who prints or binds books.
What part of speech is bookmaker?
bookmaker is commonly used as noun.