What is a bookmaker?
Real or online bookmakers allow betting on many different events such as sports, politics etc... To do so, the bookmaker keeps a register of bets and related stakes; this is exactly the meaning of their denomination, because bookmaker = "book keeper [or maker]".
The bookmaker sets the odds, recovers the stakes and distributes the gains. Today, several hundred bookmakers offer their services on the Internet.
The most important bookmakers are quoted on the (stock) exchange market, own an official license (in England, in Malta or elsewhere) and offer thousands of new bets each day. To help you select the best bookmakers, Moodds presents you with a comparison of the main bookmakers on the market.
Contrary to the widespread idea, a bookmaker does not take any risk: he permanently adjusts the odds he proposes for the different possible outcomes of a match in such a way that his gains are balanced, no matter what the score of that match is. The bookmaker is then remunerated by a share he takes from the bets.
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