Description
Betting systems where bets are placed together in a pool.
Alternative labels
parimutuel wagering
parimutuel gambling
Skill type
knowledge
Skill reusability level
occupation-specific
Relationships with occupations
Essential knowledge
Parimutuel betting is an essential knowledge of the following occupations:
Tote operator: Tote operators run the day-to-day functions of the tote operation at a horse race track, such as tote system data entry and verification, prepare the reports for the racetrack office, assist the forwarding of company equipment and spare parts. They maintain, operate and troubleshoot tote boards and auxiliary odds boards. They operate the communication tools used at the racetrack. They install, tear down and maintain equipment.
Optional knowledge
Parimutuel 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
- Parimutuel betting – ESCO
