bookmaking

Definition of "bookmaking"
  1. The procedures followed by a person who takes and pays off bets, and makes odds
How to use "bookmaking" in a sentence
  1. Even though conventional bookmaking is outlawed in some states, online betting is on rise due to its convenience.
  2. Bookmaking, though seen as harmless by some, is still considered illegal in certain jurisdictions.
  3. One can be penalized for engaging in bookmaking without having a proper license.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z