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bookmaker
This term describes a professional entity that manages the financial risk of gambling by setting the price of a bet. It carries a connotation of calculated risk and mathematical precision, distinguishing the professional operator from a casual bettor. In many jurisdictions, the term evokes a sense of legality and regulation, though historically it was associated with clandestine street operations.
As a countable noun, it follows standard English pluralization rules. It is typically used in professional sporting contexts or legal discussions regarding gambling licenses and regulations.
Meanings
Examples
The bookmaker offered high odds on the underdog winning the race.
I wonder if the bookmaker knows something we do not about the fighter.
He worked as a bookmaker in the city for twenty years.
The detective suspected the bookmaker was laundering money for the mob.
Which bookmaker gives the best rates for football matches?
In the early twentieth century, a local bookmaker was a staple of every village.
The online bookmaker crashed just as the final whistle blew.
I cannot believe the bookmaker actually paid out on such a long shot.