A Class Act: The Betting Parlor
May, 1978
Unless you live in Nevada, the way you make a bet is with a bookie, and that is illegal. From what I know, a bookie is a lot like a stockbroker, in that he is paid a commission for performing a service, the major difference being that stockbrokers charge a commission whether you win or lose.Another difference is that if you bought, say, 200 shares of A. T. & T. and said, "Listen, I would love to pay for it, except I got this sick aunt in Biloxi," the stockbroker would probably call his...
