Bookie

A bookie is a slang term derived from the word “bookmaker.” It refers to a person who takes bets, especially on sports events, and sets the odds.

A bookie is essentially someone who facilitates gambling by accepting bets from individuals on various outcomes, such as the result of a sporting event. They calculate the odds of a particular outcome and set the betting lines accordingly. Bookies may work independently or as part of a larger gambling operation, and their main goal is to ensure that they make a profit regardless of the outcome through careful odds-setting.

Example 1: “I placed a bet with my bookie on the Super Bowl. He gave me odds of 3 to 1 on the underdog team winning.”

Example 2: “My bookie is always up to date with the latest sporting events and odds. I often consult him before placing any bets to get the best possible odds.”