Bookmaker to odds compiler
A bookmaker already meets 41% of what the odds compiler role asks for. The move turns on 5 required skills not yet in the profile.
52.9/ 100
1 How much of what an odds compiler is expected to do is already part of a bookmaker’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the odds compiler role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An odds compiler role treats 5 of its required skills as things a bookmaker already does. You would walk in with these on day one.
- display betting information
- follow ethical code of conduct of gambling
- mathematics
- place bets
- work out odds
What stands in the way is 5 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 5 skills that carry over, these are the ones fewest other occupations ask for. An odds compiler role needs them, and most people applying for one will not have them already. This is the part of a bookmaker background worth leading with.
- already held work out odds information skills
- already held display betting information communication, collaboration and creativity
- already held place bets communication, collaboration and creativity
- already held follow ethical code of conduct of gambling assisting and caring
- already held mathematics natural sciences, mathematics and statistics
All 5 carried skills, including the 5 the odds compiler role treats as required.
Table 3 · What you may need to learn
The 11 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn games rules required
- still to learn legal standards in gambling required
- still to learn persuade clients with alternatives required
- optional, not held apply gaming psychology optional
- optional, not held conduct gambling games optional
- optional, not held apply knowledge of human behaviour optional
- optional, not held speak different languages optional
- still to learn calculate betting target odds required
- still to learn solve problems in gambling through digital means required
- optional, not held tolerate stress optional
- optional, not held sporting events optional
Table 4 · Where to start
The 3 entries an odds compiler role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 calculate betting target odds practise this
- 02 games rules study this
- 03 legal standards in gambling study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 5 skills that carry over
- already held display betting information skill
- already held follow ethical code of conduct of gambling skill
- already held mathematics knowledge
- already held place bets skill
- already held work out odds skill
6 supplementary skills, helpful but not required
- optional, not held apply gaming psychology optional
- optional, not held conduct gambling games optional
- optional, not held sporting events optional
- optional, not held tolerate stress optional
- optional, not held apply knowledge of human behaviour optional
- optional, not held speak different languages optional
14 held skills the odds compiler role does not ask for
- not needed by the target role apply statistical analysis techniques skill
- not needed by the target role assist customers skill
- not needed by the target role carry out end of day accounts skill
- not needed by the target role communicate gambling rules skill
- not needed by the target role handle cash flow skill
- not needed by the target role handle customer complaints skill
- not needed by the target role keep task records skill
- not needed by the target role maintain customer service skill
- not needed by the target role manage teamwork skill
- not needed by the target role maximise sales revenues skill
- not needed by the target role plan shifts of employees skill
- not needed by the target role remove cheating players skill
- not needed by the target role sports competition information knowledge
- not needed by the target role train employees skill
3 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn games rules required
- still to learn legal standards in gambling required
- optional, not held sporting events optional
Common questions about this move
Can a bookmaker become an odds compiler?
Yes, and it is a moderate move. A bookmaker already covers 41% of what an odds compiler is expected to do: 5 skills carry over, 5 of which the odds compiler role treats as required.
What skills does a bookmaker need to become an odds compiler?
5 required skills are missing, plus 6 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is calculate betting target odds.
How hard is the move from bookmaker to odds compiler?
Its learning distance is 52.9 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.