How much money does a bookie make?

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asked Oct 23, 2020 in Employment & Careers by lancelaws (660 points)
How much money does a bookie make?

3 Answers

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answered Oct 23, 2020 by Essmann (42,860 points)
A bookie that works for gambling can make as much as 100 K per week which is a lot of money.

So in a month that same bookie can make as much as 400 k per month.

However the more players the bookie has the more money they can make as the 100 K per week can be made off of just 100 players.

But if you have players that bet less money then you make less money as a bookie.

For example as a bookie if you have very small bettors or not a lot of bettors then the amount of money you will make will be lower.

Bookie is short for bookmaker who's job is to facilitate gambling and especially on sporting events.

The bookies job is to set odds, accept, and place bets, and pays out winnings on behalf of other people.
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answered Oct 26, 2020 by anonymous

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