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A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out bets on sporting and other events at agreed-upon odds.
How to Start Your Sportsbook Business as a Bookie
1
Set your lines. ...
2
Decide how much to charge. ...
3
Keep track of everything. ...
4
Decide if you will issue credit. ...
5
Use a layoff account to ensure profits. ...
6
Find a sports betting platform. ...
7
Create a website for your business. ...
8
Advertise to attract your customers.