Bookmaker

₹7,84,144 (INR)/yr

₹376.99 (INR)/hr

₹25,720 (INR)/yr

The average bookmaker gross salary in India is ₹7,84,144 or an equivalent hourly rate of ₹377. In addition, they earn an average bonus of ₹25,720. Salary estimates based on salary survey data collected directly from employers and anonymous employees in India. An entry level bookmaker (1-3 years of experience) earns an average salary of ₹5,88,084. On the other end, a senior level bookmaker (8+ years of experience) earns an average salary of ₹8,94,959.

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Salary Potential

₹10,13,211 (INR)

29 %

Based on our compensation data, the estimated salary potential for Bookmaker will increase 29 % over 5 years.

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Country Overview

India

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area; the most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is

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This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Manages establishment to receive and pay off bets placed by horse racing patrons: 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.Read More
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