Usually means: Organizing odds, accepting bets professionally.
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We found 15 dictionaries that define the word bookmaking:

General (11 matching dictionaries)
  1. bookmaking: Merriam-Webster
  2. bookmaking: Oxford Learner's Dictionaries
  3. bookmaking: Collins English Dictionary
  4. Bookmaking, bookmaking: Wordnik
  5. bookmaking: Wiktionary
  6. bookmaking: Dictionary.com
  7. Bookmaking: Wikipedia, the Free Encyclopedia
  8. bookmaking: Webster's 1828 Dictionary
  9. bookmaking: TheFreeDictionary.com

Business (3 matching dictionaries)
  1. bookmaking: Merriam-Webster Legal Dictionary
  2. THE 'LECTRIC LAW LIBRARY'S REFERENCE ROOM (No longer online)
  3. Glossary of Legal Terms (No longer online)

Computing (1 matching dictionary)
  1. bookmaking: Encyclopedia

(Note: See bookmaker as well.)

Definitions from Wiktionary (bookmaking)

noun:  The art or profession of determining odds and receiving and paying off bets, especially bets on the outcome of sporting events.
noun:  The art or practice of compiling books from the writings of others.

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