Who is bookmaker?

A bookmaker is a person whose job is to receive certain finances of people who want to determine the outcome of the competition and pay the winnings in case of victory. Modern bookmaker appeared in the XIX century, and its founder was considered to be the French shopkeeper Pierre Auler. In the distant 1872, he opened the very first point for receiving certain rates for horse racing. Much time has passed, but the rules for accepting bets almost did not change. On the peninsula of Great Britain, the first mention of bookmaking arose in the XIX century. In the modern world, the leader in the number of betting cantor and people playing on the tote is the same.

The peak on the development of bookmaking came in the United States.

The ban on bookmaking throughout the country (except for Nevada, and the entertainment capital of America, Las Vegas) has become a subject of interest for many US gangs. Organized underground bookmakers, accepting bets. Along with prostitution and underground bars, bookmakers were an important means of income for the mafia. Not only horse races, but also “dog races” already participated in disputes. But the ingenuity of the Americans has no chapel, and they have invented the so-called “cockroach races”, in which you can put on a cockroach you like. With the development of bookmaking such contests have been added, on which you can bet like football. At that time, anyone in England and other countries could take up bookmaking, and in some other countries, management of this type of entertainment belongs only to the state.

Considering that everyone has a passion for excitement and entertainment, bookmakers derive incredible benefits from this, while receiving huge profits. A striking example is Italian football, which is actually sponsored by sports lottery funds. Moreover, it is known that the Italian Premier League is one of the richest in some sense in the whole world.

The basis of the bookmaking in the first place is sports competition

Leading places for accepting bets are football, hockey comes second, then basketball, horse racing, Formula 1 racing. Often people bet on the games of local teams. But the bookmaker does not stand in one place, it continues, develops, invented new types of bets such as: Victory at the Eurovision Song Contest, at the presidential election. But in some country, such rates do not yet have demand. Although in some countries, take bets on any possible events, such as the coming of Christ, the seizure of the Earth by the Martians. The pledge of successful bookmaking is complex arithmetic. For the purpose of profit, the largest offices offer to their consumers at least 300 events. What to put the consumer’s choice is the greatest: put on the winner, on the result. In connection with the rules of bookmakers who is the favorite, put a head start. This means that the favorite must win by a margin of one and a half points. But the basis is the coefficient by which his blood count is multiplied. The coefficient is assigned by the office. Its amplitude ranges from 1.5 to 50 when betting on one event. The true definition of the coefficient is the essence of labor of the bookmaker cantor. In the language of bookmakers, a “line” is a schedule with odds and odds for one day interval. The people who make up the lines, analysts, give the main revenue to the office. Depending on the level of the specialist, he can receive up to 10% of the office income.

Modern bookmakers more and more often start their activities online and create sites for betting. An excellent example of a reliable platform is PinUp betting. It is convenient to bet on this site and win depending on your success.