Bookmaker – the essence of the specialty

Bookmaker - the essence of the specialty

The bookmaker can be:

Legal entity only. In previous years, private entrepreneurs were allowed to take bets – now it is officially prohibited;
A specialized company with an authorized capital of at least UAH 30 million and a betting license.
Another important point: the owners of a significant share and the ultimate beneficiaries, the chief accountant and managers of the bookmaker, as well as any of its participants (shareholders, founders):

Cannot be registered in countries included in the FATF special list.
Must have an impeccable proven business reputation.
If you decide to work in the betting industry, you should understand that in fact the “bookmaker” profession no longer exists. There are only specialties whose representatives work in bookmakers.

The work of a bookmaker

The staff of any land-based “bookmaker” has:

Employees who sit in closed booths with cash registers and PCs. Print lines. They accept bets and money from bettors. Form coupons with forecasts and issue them to customers. After the completion of the events, the winnings are paid out.

Senior staff supervising cashier operators. Detect violations, accept complaints from visitors, draw up shift schedules. They give out bonuses and impose fines.

Analysts prematch
professional forecasters. Specialists in certain sports and “non-sports”. They select the correct coefficients for paintings, set margins – before the start of the competition.

live analysts
Also highly qualified specialists, but solving slightly different tasks. With the use of software, they choose quotes and margins that are profitable for the bookmaker – in the course of events, i.e. in live. They limit the amount of forecasts, temporarily or completely stop accepting bets, “closing” the odds.

System administrators
IT workers. Professional in software, TV monitors, printers, computers, any equipment and software available from the bookmaker. Monitor the smooth operation of hardware and software.

Representatives of the Security Service
Personnel who monitor customers online and control the work of cashiers, administrators and any other employees of the company. He watches the video in real time (cameras are mounted in the halls of offices, in the cabins of operators, offices of managers) and, if necessary, takes action – reports on violations, calls the police.

It is strictly forbidden for all employees of bookmakers to place bets on any events. The condition is written in the employment contract. Violation of the mandatory requirements – a fine, dismissal.

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