noun \ˈbk-ˌmā-kər\

: a person who decides how likely it is that an event will occur (such as the winning of a race by a particular horse) and receives and pays off bets about it

Full Definition of BOOKMAKER

:  a printer, binder, or designer of books
:  a person who determines odds and receives and pays off bets
book·mak·ing \-kiŋ\ noun

First Known Use of BOOKMAKER



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