Bookmaker
Bookmakers take bets on racing results at horse racing,
harness racing, greyhound racing and other sporting events.
A bookmaker may perform the following tasks:
- attend races to provide a betting service
- work out the odds on race entrants after considering
such things as the type of event, the handicap of the
competitors, the condition of the track and the odds offered
by other bookmakers
- write up the odds for each race on a betting board and
then change the odds according to variations in betting
demand
- issue betting tickets for people making a bet (called
punters), giving details of bets and payouts
- pay bets on the results of each race or on a combination
of races.
Bookmakers keep in contact with punters and people in the
racing industry such as club administrators and government
officials. A considerable amount of public contact is
involved.
A bookmaker may specialise as a
Bookmaker's Agent who performs the same functions as
a bookmaker on the bookmaker's behalf, when the bookmaker is
absent or for interstate meetings.
Required Skills - Bookmaker
- able to make calculations quickly and accurately
- able to work under pressure
- good oral communication skills
- comfortable working with computers
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