1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997   
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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

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