Definition of bookmaking noun from the Oxford Advanced Learner's Dictionary

 

bookmaking

 noun
noun
BrE BrE//ˈbʊkmeɪkɪŋ//
 
; NAmE NAmE//ˈbʊkmeɪkɪŋ//
 
[uncountable]
 
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the job or activity of taking bets on the result of horse races, etc. and paying out money to people who win