bookmakers

They set odds

Bookmakers are people or businesses that set odds and accept bets on sporting events, elections, and other outcomes.

They profit by adjusting odds to ensure a margin regardless of results.

In British English, the bookmakers or the bookies refers to betting shops: I'm popping down to the bookmakers to put a fiver on the match.

In publishing, a bookmaker is simply someone who makes books—a printer or publisher—though this sense is now rare.

sports

football

Field sport with goals

sportsbook · fixture · outright · goalscorer · handicapper · sharp · square · tout · syndicate

betting

bookie

One who takes wagers

  • punterOne who kicks footballs
  • oddsLikelihood expressed numerically
  • wagerStake on uncertainty

stake · lay · back · spread · accumulator · parlay · handicap · vig · juice · margin

horseracing

track

Path or monitored route

furlong · paddock · silks · turf · trifecta · exacta · nags · going · Ladbrokes · off-track

probability

odds

Likelihood expressed numerically

percentages · fractions · decimals · value · edge · expectation · variance · risk · calculation · prediction

publishing

printer

Machine producing paper copies

press · edition · folio · signature · quire · gatherer · stitcher · letterpress · colophon · imprint

Categories
Opposites
gambling role

bookmakersbettors

Those who wager

punters · gamblers · wagerers · players · backers

gambling regulation stance

bookmakersvice squads

Police targeting illegal indulgences

prohibitionists

book production

bookmakersreaders

Those who peruse text

consumers · bibliophiles · censors · library patrons · book collectors

Family

bookmaker

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated PG