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odds compiler

Description

Code

4212.7

Description

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.

Alternative Labels

odds compiler

betting expert

odds trader

football odds compiler

sports trader

odds manager

horse racing odds compiler

sports odds compiler

odds expert

risk trader

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database: