Does a bookmaker get upset when he/she has to pay out winnings?

Question

Or is it a case of "ah well I get to keep the losing side of the bet so I'm in profit anyway?

Answer 1

ever seen a poor bookmaker

Answer 2

Most horse racing is through parimutuel wagering so the track makes the same amount of profit no matter who wins. They take a percentage of the pool and divide the rest among those with winning tickets

Answer 3

If the bookmaker's good at his job, he made money anyway.  If he got the odds wrong, or the fix was in but went awry, he'd probably got upset.

Answer 4

na he/she loves it...of course