Odds compiler
Code 4212.7
Odds compilers are in charge of counting the odds in gambling. They are employed by a bookmaker, betting exchange, lotteries and digital/on-line as well as casinos who set the odds for events (such as sporting outcomes) for customers to place bets on. Apart from pricing markets, they also engage in any activity regarding the trading aspects of gambling, such as monitoring customer accounts and the profitability of their operations. Odds compilers may be required to monitor the financial position the bookmaker is in and adjust their position (and odds) accordingly. They may also be consulted as to whether to accept a bet or not.
Essential skills
Knowledge
- assertiveness
- legal standards in gambling
- games rules
Skills and competences
- Presentar los resultados del análisis de datos
- calculate betting target odds
- follow ethical code of conduct of gambling
- persuade clients with alternatives
- solve problems in gambling through digital means
Transversal competences
- mathematics
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Sources
This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences