Ideally, a bookie collects payment from the losers and uses it to pay the winners, taking a portion as his fee. If a bookie takes a bet that he cannot balance against another bet ("lay off"), he risks being responsible for making up the difference out of his own funds.
The crime of book-making is one of acting as an agent for illegal betting. The book-maker (or "Bookie") takes bets on various events or outcomes. When a bet loses, the Bookie keeps that money. When a bet wins, the Bookie pays the winner.
The IOC, International Olympic Comittee.
The amount a gambler pays to a bookie for the privilege of betting with him. Usually starts at 10%. If you bet $1000.00 and you win you get $1900.00. If you loose you pay $1100.00.
Navy SEALs BUDS Class 234 - 2000 It Pays to Be a Winner was released on: USA: 16 January 2002
Dubai Marathon$250K for the winner
The winner directly pays zero for it but the opportunity cost should be taken in to the account. The winner had forgone the one of the other brand of chocolate to buy this product. So this is not free.
A billpayer is a person who pays bills, especially someone who pays telephone bills, sometimes on behalf of someone else.
The service charge someone pays for concert tickets is absurd.
Yes, if someone pays your mortgage on your behalf, it is considered income for tax purposes.
Yes, India pays olampic medal Winner's.
a visitor.
Usually the organsation that you work for pays you. But I like to work for free. :>