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Bookmaker Careers

Bookmaker Careers

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WORK ENVIRONMENT:-

Bookmakers can do the 'work on' or 'off course'. Off course bookmakers are also called as betting shop managers. They are responsible for operating the licensed based offices. On-course bookmakers are responsible for working in the betting shops on site-basically at dog or horse racing tracks and they are also called as turf accountant.

Being a bookmaker, you will have to handle and organize each and every activity of betting. It might comprise of:

  • appointing and giving training to the new employees
  • handling the grievances
  • building up the cashiers team

  • obtaining the cash, putting bets and giving out the prize money throughout the busy periods
  • setting up the goals of sales
  • harmonizing the accounts at the end of day

QUALIFICATION, EDUCATION AND EXPERIENCE:-

You can begin your work as a cashier and work in your own way (see the career profile of the Betting Shop Cashier for all the information), or make an application straightforwardly for the position of apprentice manager. If you are having past experience, for instance, as a customer service manager, you might be able to make an application for the management job.

To obtain the apprentice manager position, most of the employers might give preference to GCSEs (A-C) which will include mathematics or English. Several off-course bookmakers might also desire you to have qualifications like BTEC HND or degree. Subject with a strong business or mathematics elements will be more helpful (see the listing of colleges and universities for the entry requirements).

When you make an application for the position of the bookmaker, you will frequently be requested to go through a mathematics test to demonstrate that you can handle percentage and determine the payments and odds. Additional mathematics tuition are occasionally given by the employers.

Past experience of the customer service, dealing with the money and supervising colleagues will provide you the benefit when searching for the job.

By law you should be minimum 18 years old in the betting office.

TRAINING DETAILS:-

You will normally get the training on the job from your employer, which might include expending some time as a cashier (if you have no past experience in the betting shop). You will progressively perform the tasks of the deputy or associate manager earlier than handling the shop individually.

If you are doing a job for the large employer you might also expend your time at the central training center with the other new managers. You will be given training in the areas like:

  • product information
  • customer service
  • advertising the shop
  • betting shop management
  • handling and building up staff
  • scheming bets
  • gaming and betting rules
  • policies of the company

You might also obtain the chance to work for Gambling Operation NVQ (Level 3) or Customer Service NVQ (Level 2 and 3). Once you are completely qualified and working as a manager, you can work for NVQ in Management (Level 4).

SKILLS and KNOWLEDGE:-

  • knowledge of various sporting events which affects the results
  • ability to deal with the calculations rapidly
  • outstanding organizational and time management skills
  • self-confidence, energetic and gregarious personality
  • excellent negotiation, communication and customer service skills
  • proficient with the computers
  • capability of handling and leading the staff
  • understanding the rules and regulations of betting
  • knowledge of security issues
  • reliability, sincerity and dependability
  • enthusiastic and capability to remain update with the sports and other linked events

SALARY AND OTHER BENEFITS:-

  • Preliminary salaries for apprentice or assistant managers can be between approximately $13,500 and $18,500 yearly.
  • Knowledgeable managers may take home between $30,000 and $40,000.

WORKING CONDITIONS:-

You will normally work for 40 hours in a week which will include weekends and evenings (both off-course and on-course betting shops are open for 7 days in a week). During the winter, opening hours are approximately between 10 am to 6 pm. Recreational work might be feasible.

Being an on-course bookmaker, your work can take you to all over the countryside to diverse sporting dealings. Your office will be out-of-doors in all climate conditions.

DIFFERENT OPPORTUNITIES:-

You can get the work at the race course with the on-site betting, or in one of over 7,000 betting shops which are from corner to corner of the country.

Your promotion chances are probably to be great in the big betting shop chains, which might permit you to make an progress to handle the shops with superior revenue or take accountability for every shop in the district or region.

With financial support and experience, you can start up as a freelance bookmaker. You can obtain additional information regarding this, comprising legal requirements, from the Association of Bookmakers.

Jobs are promoted in the Racing Post on Saturday, in local press and on BettingJobs.com. You must also get in touch with the home betting shops and chains to talk about the chances.

  • Racing Post
  • BettingJobs.com
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