Bookmakers

What the job involves

• Obtains information on the form of competitors through research, attending race trials and liaising with contacts
• Offers and varies odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other Bookmakers
• Monitors balances of accounts and determines financial risks
• Reviews, checks, verifies and issues documentation of transactions made
• Takes bets and debits credit accounts and bank accounts electronically, and receives cash
• Records and enters bets electronically and in transaction ledgers
• Monitors amounts of money placed on race entrants
• Verifies the identity and account balances of betting agency customers
• Answers betting inquiries over the telephone, via email and in person

Key values of workers in Bookmakers

• Support

  Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

• Independence

  Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

• Achievement

  Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

• Working Conditions

  Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

• Recognition

  Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

Top skills required for workers in Bookmakers

• Speaking

  Talking to others to convey information effectively.

• Monitoring

  Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

• Mathematics

  Using mathematics to solve problems.

• Social Perceptiveness

  Being aware of others' reactions and understanding why they react as they do.

• Coordination

  Adjusting actions in relation to others' actions.