Becoming a Bookmaker in Queensland

About this role

Bookmakers determine risk, offer odds and accept bets on the outcome of racing and other events.

What you might do day-to-day in this job

Typical tasks for a Bookmaker include:

• 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.