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Bookmaker

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Bookmakers (also known as bookies) take bets on the outcomes of various events, for instance horse and dog races, other sporting events, royal babies, election results and even the weather. They do it at racetracks (on-course), within bookies' shops (off-course) or on the internet (remote). Bets can relate to a simple win or lose situation, or how close the customer's guess is to an actual result (spread betting).

The Work

You could be:

Pay

The figures below are only a guide. Actual pay rates may vary, depending on:

Starting pay is often based on the National Minimum Wage (NMW) or the National Living Wage (NLW).

As of 1 April 2017 the National Minimum Wage is £5.60 an hour for workers aged 18 to 20 and £7.05 an hour for workers aged 21 to 24. The National Living Wage is £7.50 for workers aged 25 and over.

This may rise to around £7.50 an hour with experience. As a manager you could earn £15,000 to £25,000 a year, or possibly more. There are no set salaries for self-employed bookmakers.

Conditions

Employment Status UK %

Past Unemployment
Scotland


Year Unemployed

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Getting In

For jobs in traditional betting shops look for job vacancies in the local press, local betting shops, in a specialist publication such as Racing Post, or online. Many large chains, such as Coral and Ladbrokes, advertise jobs on their websites.

Predicted Employment in Scotland

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What Does it Take?

You need to have:

You need to be able to:

Training

Getting On

More Information

Traditional betting shops must hold a licence from the Gambling Commission and a premises licence from the local authority. The Financial Conduct Authority (FCA) is in charge of regulating the practice of spread betting, which is the fastest growing form of betting.

Contacts

The following organisations may be able to provide further information.

Association of British Bookmakers Ltd
Tel: 020 7434 2111
E-mail: mail@abb.uk.com
Website: http://www.abb.uk.com
Twitter: @BritBookmakers

Gambling Commission
Tel: 0121 230 6666
E-mail: info@gamblingcommission.gov.uk
Website: http://www.gamblingcommission.gov.uk
Twitter: @GamRegGB

The Gambling Commission is the body which regulates casinos, bingo games, gaming machines and lotteries except the National Lottery. Spread betting is regulated by the Financial Services Authority.

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