A bookmaker lays wagers on behalf of clients, typically on sporting events. They additionally choose the odds and distribute winnings on behalf of others.
The bookmaker aims to keep the books balanced by altering the odds to the greatest extent possible to have an equal number of individuals betting on a victory or loss. Bookie can also be referred to as sportbook or bookmaker.
The bookmaker aims to keep the books balanced by altering the odds to the greatest extent possible to have an equal number of individuals betting on a victory or loss. Bookie can also be referred to as sportbook or bookmaker.
