Gaining Money without Work is Harmful A process of placing money on the outcome of an event is called as betting. Betting is the method of earning money without work and also harmful. Betting is the method of selecting an event which occurs at first place. A bookmaker is the person organized the event where betting take place. A bookmaker is also called as bookie or turf accountant who regulates and Sports Betting controls the gamblers.
A bookmaker is an organization responsible for sports betting, Sports Betting horse racing, football match, award ceremony and election voting. In some countries bookmaker are legally permitted by government and are called as legal act. Singapore, Sports Betting Sweden, Canada and Japan are the countries which allow betting to occur legally with the knowledge of government.