games rules
Set of principles and rules that govern a game.
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.
Competences and skills
16 ESCO relationsEssential knowledge 3 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competenceslegal standards in gambling
The legal requirements, rules and limitations in gambling and betting activities.
Cross-sector
1 competencemathematics
Mathematics is the study of topics such as quantity, structure, space, and change. It involves the identification of patterns and formulating new conjectures based on them. Mathematicians strive to prove the truth or falsity of these conjectures. There are many fields of mathematics, some of which are widely used for practical applications.
Essential skills and competences 7 competences
Occupation specific
2 competencescalculate betting target odds
Calculate betting target odds to guarantee profitability for the house and fair share for the customers.
work out odds
Make informed decisions to work out the odds for sports and races.
Sector-specific
4 competencesdisplay betting information
Answer betting queries and put betting information on display.
follow ethical code of conduct of gambling
Follow the rules and ethical code used in gambling, betting and lottery. Keep the entertainment of players in mind.
place bets
Place bets for sports and racing activities.
solve problems in gambling through digital means
Use ICT resources, tools and competence in order to solve gambling, betting and lottery problems such as game operation problems.
digital
Cross-sector
1 competencepersuade clients with alternatives
Describe, detail, and compare possible alternatives that clients could take about products and services to persuade them to take a decision that benefits both the company and the client.
Optional knowledge 1 competence
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencesporting events
Possess an understanding of different sporting events and conditions that can affect a result.
Cross-sector
0 competencesNo competences in this bucket.
Optional skills and competences 5 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
3 competencesapply gaming psychology
Employ human psychology principles for gaming development strategies in order to create appealing games.
conduct gambling games
Carry out all gaming operations in a casino for example, including table administration, opening and closing procedures.Perform these operations according to the required standard and in line with requisite regulations.
tolerate stress
Maintain a temperate mental state and effective performance under pressure or adverse circumstances.
Cross-sector
2 competencesapply knowledge of human behaviour
Practice principles related to group behaviour, trends in society, and influence of societal dynamics.
speak different languages
Master foreign languages to be able to communicate in one or more foreign languages.
research