Bookmaker is one of the oldest terms in relation to betting because without a bookmaker, punters wouldn't have anywhere to place their bets. A bookmaker, informally referred to as a bookie, is the person or company that is responsible for offering odds, taking bets and guaranteeing payouts on racing, sports and other special events. -> £12,000 total bets on Williams at 1. 10 8 = £21,600 While the bookmaker would prefer the non-favourite to win, it still makes a profit on Williams winning, albeit slightly less. Markets - A great bookie/bookmaker will have a plethora of markets for its punters to choose from. There are plenty of operators fighting for your custom, which means a wide range of offers are available such as bonus bets, rewards clubs, early payouts, matched deposits and many others.
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