bookmaker

noun
book·​mak·​er | \ ˈbu̇k-ˌmā-kər How to pronounce bookmaker (audio) \

Definition of bookmaker

1 : a printer, binder, or designer of books
2 : a person who determines odds and receives and pays off bets

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Other Words from bookmaker

bookmaking \ ˈbu̇k-​ˌmā-​kiŋ How to pronounce bookmaker (audio) \ noun

Examples of bookmaker in a Sentence

Recent Examples on the Web Last July, British bookmaker William Hill opened a temporary sportsbook at Washington's Capital One Arena, home of the NBA's Wizards and NHL's Capitals. Steve Gardner, USA TODAY, "Washington Nationals announce plans for sportsbook, wagering inside ballpark," 12 Jan. 2021 Caesars Entertainment’s agreement last year to buy British bookmaker William Hill for nearly $4 billion. Jacky Wong, WSJ, "MGM’s Entain Bet Could Help the House Keep Winning," 4 Jan. 2021 This differs from many other British betting sites where a human expert or computer algorithm stipulates the odds in a way designed to protect the bookmaker from potential losses. Jeremy Kahn, Fortune, "Bettors think Trump can still pull off an upset—and they see him ahead in Florida," 30 Oct. 2020 Rothstein is depicted as a Jewish associate of the Chicago Outfit, an expert bookmaker and sports handicapper who is sent to Vegas to run the Tangiers, one of the largest casinos on the Strip. Stephen Silver, sun-sentinel.com, "‘Casino’ 25 years later: Looking back at the film’s Jewish protagonist," 2 Dec. 2020 Bet on it: Online bookmaker betonline.ag likes Trump’s chances to win the state, having him as a –260 favorite to take the Buckeye State’s 18 Electoral College votes. Andrew J. Tobias, cleveland, "Latest House Bill 6 lawsuit comes from Columbus, Cincinnati officials: Capitol Letter," 28 Oct. 2020 Watt said that 93 percent of bets at one bookmaker, Paddy Power, were on Trump at about 9:30 p.m. Victor Mather, New York Times, "Gamblers Outside the U.S. Take Presidential Odds on a Wild Ride," 4 Nov. 2020 The market leaders in the state are DraftKings and FanDuel, a division of Irish bookmaker Flutter Entertainment Plc. Christopher Palmeri, Bloomberg.com, "Caesars Seeks DraftKings’ Soaring Value in William Hill Bid," 29 Sep. 2020 In other gambling sites, a human or electronic bookmaker sets the odds to try to ensure the betting company itself always makes at least a small profit, and this can distort the predictive value of the odds. Jeremy Kahn, Fortune, "Last night’s debate didn’t change a thing: Biden is still a 2-1 favorite to win, betting market says," 23 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bookmaker.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of bookmaker

12th century, in the meaning defined at sense 1

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Time Traveler for bookmaker

Time Traveler

The first known use of bookmaker was in the 12th century

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Statistics for bookmaker

Last Updated

21 Jan 2021

Cite this Entry

“Bookmaker.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bookmaker. Accessed 7 Mar. 2021.

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More Definitions for bookmaker

bookmaker

noun

English Language Learners Definition of bookmaker

: 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

bookmaker

noun
book·​mak·​er | \ ˈbu̇k-ˌmā-kər How to pronounce bookmaker (audio) \

Legal Definition of bookmaker

: a person who determines odds and receives and pays off bets

called also bookie

More from Merriam-Webster on bookmaker

Thesaurus: All synonyms and antonyms for bookmaker

Nglish: Translation of bookmaker for Spanish Speakers

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