Bookie's figures refer to the ODDS that a BOOKMAKER assigns to a particular event. The term is derived from the word 'BOOKMAKER, ' which is someone who takes bets on sporting events and other outcomes. The ODDS are usually expressed as a fraction or decimal, and they indicate the likelihood of a particular outcome occurring. For example, if the ODDS for a football match are 2/1, this means that the BOOKMAKER believes that the team has a 2 in 3 chance of winning.