Bookie Fee
Bookie - a gambler who accepts and pays off bets (especially on horse races). The answer is: Pay per Head are data management services for bookies, offered for a weekly price per head fee. As you can see, PPH its all about offering the kind of solutions bookmaking agents need to remain competitive. Pay per Head Explained: The Fee. When you hire the services of a PPH shop, there is a price per head fee involved. Less commonly known as the “bookie fee”, it provides bookmakers the benefit of undeviating profit and to remain in the business. It pertains to the amount that a bookie or bookmaker gets as a commission on bets. Bookmakers use the vig to procure a. Bookies make money by taking a fee, a percentage of every dollar wagered. This fee is often 10%, though in some circumstances that percentage can increase. For example, a tight line on the Superbowl might call for a bettor to lay, or risk, more juice than the typical 10%. Here’s an example of how this works. A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds History. The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events. Bookmakers in many countries focus on accepting.
Also found in: Thesaurus, Idioms, Encyclopedia.book·ie
(bo͝ok′ē)bookie
(ˈbʊkɪ) nbook•mak•er
(ˈbʊkˌmeɪ kər)n.
Mybookie Feedback
Noun | 1. | bookie - a gambler who accepts and pays off bets (especially on horse races) gambler - a person who wagers money on the outcome of games or sporting events |
bookie
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