Description
The activity of predicting results and wagering money on the outcome. While most betting activities involve sports, bets can be placed on any kind of competition.
Alternative labels
wagering
gambling
Skill type
knowledge
Skill reusability level
occupation-specific
Relationships with occupations
Essential knowledge
Betting is an essential knowledge of the following occupations:
Betting manager: Betting managers organise and coordinate the activities of a betting shop. They oversee daily operations and facilitate communication between staff and customers. They carry out cashier duties, train staff and strive to improve the profitability of their business. They take responsibility for all betting activities and ensure that relevant betting rules and regulations are followed.
Optional knowledge
Betting is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.
References
- Betting – ESCO
