A bookie is also known as a turf accountant and in some cases a bookmaker. These generally refer to individuals and in some cases entire organizations with which you might place your bets, taking into accounts the odds involved. In case of winning, the person who places the bets collects their winnings from these individuals and organizations. The workings are also two ways. In case of losses, the individual does not retain their deposited amounts with these bookies.
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