Bookmaker -

The term "bookmaker" comes from the literal practice of recording wagers in a physical book to track liabilities [10]. Today, the process is a sophisticated blend of data science and risk management.

The profession exists in a complex legal gray area. In the United States, legality varies by state; some have regulated frameworks , while others, like California, strictly prohibit bookmaking as a felony offense [15, 33]. bookmaker

The Invisible House: Inside the World of the Modern Bookmaker The term "bookmaker" comes from the literal practice