Work out odds

Make informed decisions to work out the odds for sports and races.

calculate the odds
forecast the odds
work odds out
working out the odds

skill/competence

occupation-specific

Work out odds is an essential skill of the following occupations:

Work out odds is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Bookmaker: Bookmakers (also often called ‘bookies’, or ‘turf accountants’) take bets on sports games and other events at agreed upon odds, they calculate odds and pay out winnings. They are responsible for the risk management.

References

1. Work out odds – ESCO