· A bookie, short for bookmaker, is an individual or organization that facilitates gambling by setting odds, accepting bets, and paying out winnings, primarily in the context of sports betting. A bookie, also known as a bookmaker, sportsbook, and turf accountant, accepts bets on various professional sports, casinos, political events, celebrities, and other important events. A bookie, also known as a bookmaker, is an individual or organization that facilitates betting on events, primarily sports. They set odds, accept bets, and pay out winnings to successful bettors. The meaning of BOOKIE is a person who determines gambling odds and receives and pays off bets : bookmaker. How to use bookie in a sentence. In the domain of gambling, a bookie, also known as a bookmaker, plays a pivotal role in facilitating wagering activities, primarily centered around sporting events, by establishing odds, accepting bets, and disbursing winnings. A bookie, short for bookmaker, is an individual or organization that accepts bets on the outcomes of sporting events and other activities. They operate by setting odds and collecting wagers from bettors. · A bookie is a short form of bookmaker, a person who calculates and offers odds on sporting events and takes bets from customers. Learn the origin of the word, how bookies set and adjust odds, and why they are still popular in the gambling industry.