A professional who manages establishment to receive and pay off bets placed by horse racing patrons. Responsibilities include:

• Prepares and issues lists of approximate handicap odds on each horse prior to race, from knowledge of previous performance of horse under existing conditions of weather and track.
• Determines risks on each horse to refuse additional bets after maximum desired limit of liability has been reached.
• Records bets placed over counter or by telephone or teletype.
• Issues betting receipts.
• Pays off bets on track parimutuel basis.
• May supervise and coordinate activities of cashiers, gambling.
• May balance betting accounts and keep records as required by state or municipal authorities.
• May place customers' bets with cooperating bookmakers to limit liability and apportion risk.
• May be designated Sports Bookmaker when taking bets on sports, such as football, boxing, baseball, and hockey.