1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997

Page tools: Print

Contents >> 02 Structure & Definitions >> 3 Associate Professionals >> 32 Business and Administration Associate Professionals >> 321 Finance Associate Professionals >> 3212 Financial Dealers and Brokers >> 3212-21 Bookmaker

3212-21 Bookmaker

Determines risk, offers odds and accepts bets on the outcome of racing and other events.

Skill Level:
The entry requirement for this occupation is an AQF Diploma or higher qualification or at least 3 years relevant experience. In some instances relevant experience is required in addition to the formal qualification. Registration or licensing is required.

Tasks Include:

attends races or other events to provide betting services
obtains information on the form of competitors by research, attending trials, viewing films or liaising with contacts
offers and varies odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other bookmakers
writes or operates computer equipment to produce tickets detailing the subject of bets, odds given and payout details
may operate an on-course telephone betting service
may place lay off bets with other bookmakers to offset potential losses
may supervise Bookmaker's Clerks