IPA: /ˈbʊkˌmeɪkɪŋ/
KK: /ˈbʊkˌmeɪkɪŋ/
The practice of setting odds and managing bets, particularly in sports events.
He made a living through bookmaking, taking bets on various sports games.
Bookmaking is formed from "book" (from Old English *bōc*, meaning a written work or text) and "making" (from the verb "make", meaning to create or form). The term refers to the process of creating or producing books.
Think of 'book' as a written work and 'making' as the act of creating — together, they describe the process of creating written works.