How to become a Bookmaker
Determines risk, offers odds, and accepts bets on the outcome of racing and other events.
Main tasks
- Determines risk and sets odds for various racing and other events
- Accepts bets from customers and records details of each transaction
- Calculates and pays out winnings to customers
- Monitors and manages betting activity to ensure compliance with regulations and policies
- Provides information and advice to customers regarding betting options and strategies
- Maintains accurate records of bets, payments and financial transactions
Ways in
- University: Business & Commerce degrees, Offered by 39 universities in Australia
- TAFE and VET: Diploma of Racing Integrity Management (RGR50218); Certificate II in Racing Industry (RGR20221)
- Licence or registration: Registration or licensing is required.
Pay · Outlook · AI and this job
- Typical full-time pay: $78,052 a year
- About 40,700 people work in this job group now, and about 43,800 are projected by 2035. (+7.6%)
- Many tasks in this job could be automated by AI. Jobs and Skills Australia rates its automation exposure as high.
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Questions people ask
How do I become a Bookmaker?
Ways in include: Business & Commerce degrees; Diploma of Racing Integrity Management; Certificate II in Racing Industry.
How much does a Bookmaker earn in Australia?
Median full-time pay is $78,052 a year (Jobs and Skills Australia).
Is a Bookmaker a growing career in Australia?
Yes. Employment is projected to grow 8% by 2035, from about 40,700 to about 43,800 people (Jobs and Skills Australia).
Do you need a degree to become a Bookmaker?
Not always. 38% of people in this job hold a bachelor's degree or higher. Ways in include: Business & Commerce degrees; Diploma of Racing Integrity Management; Certificate II in Racing Industry.
Will AI change the work of a Bookmaker?
Many tasks in this job could be automated by AI. Jobs and Skills Australia rates its automation exposure as high.
Sources
- Jobs and Skills Australia: Occupation data (ANZSCO), from ABS Labour Force and Census (February 2026), CC BY 4.0, retrieved 2026-10-04
- Jobs and Skills Australia: Generative AI Capacity Study, interactive table data (September 2025), CC BY 4.0, retrieved 2026-10-04
- Jobs and Skills Australia: Employment Projections (Victoria University) (May 2025 to May 2035), CC BY 4.0, retrieved 2026-10-04
- Australian Taxation Office: Taxation Statistics, Individuals Table 15A (2023-24), CC BY 2.5 AU, retrieved 2026-10-04
Updated 2026-10-04