What is a country bookie?
noun. Caribbean. An unsophisticated person from the country.
What does bookie mean in English?
Definition of bookie informal. : a person who determines gambling odds and receives and pays off bets : bookmaker The “line”—the Vikings over the Giants by four points, for example—establishes the point spread that the bookie believes will attract gamblers in equal numbers to each side of the bet.—
Is bookie in the dictionary?
A bookie is a person whose business is accepting other people’s gambling bets, such as on sporting events. It can also refer to a company that does this. Bookie is the common, informal name for a bookmaker. The word book in bookmaker refers to a record of bets.
Is it illegal to be a bookie?
Depending on the country, bookmaking may be legal or illegal and is often regulated. Bookmaking was generally illegal in the United States due to the Professional and Amateur Sports Protection Act of 1992. In May 2018, a United States Supreme Court ruling struck down the law, allowing states to legalize the practice.
Is a bookie legal?
A bookmaker is a misnomer. It is not illegal to make books, but it is illegal to receive bets on agreed upon odds. A bookmaker, sometimes called a “bookie” or “turf accountant,” takes bets from individuals and then pays out or collects money based upon what his book says about who-owes-who what amount of money.
What’s another word for bookie?
What is another word for bookie?
Is being an agent for a bookie illegal?
Bookmaking as a misdemeanor carries a potential county jail sentence of up to one (1) year. Charged as a felony, California bookmaking or pool-selling can lead to a state prison sentence of sixteen (16) months, two (2) years or three (3) years. California’s bookmaking law is far-reaching and harsh.
Why is it called a bookie?
The term “bookie“ is slang for “bookmaker. “ The bookie’s goal is to maintain balance in the books by adjusting the odds as much as possible to maintain an even amount of people betting on a win or loss.
What does bookie mean in slang?
Bookie is the slang term, or short version, of bookmaker. The term seems to indicate that a bookie is a single individual; however, it can represent one person, a group of people, or an entire organization that accepts, places, and pays off bets for gamblers.
What is a’bookie’?
What is a ‘Bookie’. A bookie is someone who facilitates gambling, most commonly on sporting events. A bookie sets odds, accepts and places bets, and pays out winnings on behalf of other people. This is often illegal activity. Next Up. Casino Finance. Gambling Loss. Illegal Dividend.
Are bookies legal?
Bookies may also lend money to bettors. The types of gambling enabled by bookies are not always legal. Bookmaking and placing bets through a bookmaker can also be illegal. The legality of different types of gambling is determined by state governments.
What is the meaning of bookmaker?
1. a person who makes a business of accepting the bets of others on the outcome of sports contests, esp. of horse races. 2. a person who designs, prints, or manufactures books. [1375–1425]