Modification History
Not Applicable
Unit Descriptor
Unit descriptor |
This unit of competency specifies the outcomes required to conduct pre-race and race meeting checks of a variety of documentation, including written, audio and visual, to monitor and interpret wagering information. It requires knowledge of the rules of racing related to bookmakers, bookmakers' clerks and other licensed and registered personnel, including owners. It also requires the application of mathematical and analytical skills to interpret wagering trends. This unit of competency operates in workplace environments of racing administration, kennels, stables, racecourses and public areas. Greyhound, harness and thoroughbred racing is strictly regulated throughout Australia. All stewards are appointed under the rules of racing by the relevant racing controlling body. For this reason enrolment in this unit of competency is restricted to people currently employed as a stipendiary or cadet steward or those who have been approved by a State Principal Racing Authority to undertake this unit. |
Application of the Unit
Application of the unit |
This unit of competency supports betting stewards, supervisors and racing officials to perform the job functions associated with interpreting wagering trends. Competencies attained in this unit apply to the greyhound, harness or thoroughbred code of the industry. Consequently when performance criteria are applied they will relate to the greyhound code or the harness code or the thoroughbred code, and statements of attainment for this unit will reflect this distinction. |
Licensing/Regulatory Information
Not Applicable
Pre-Requisites
Prerequisite units |
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Employability Skills Information
Employability skills |
This unit contains employability skills. |
Elements and Performance Criteria Pre-Content
Elements describe the essential outcomes of a unit of competency. |
Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge section and the range statement. Assessment of performance is to be consistent with the evidence guide. |
Elements and Performance Criteria
ELEMENT |
PERFORMANCE CRITERIA |
Read and interpret wagering information. |
1. Industry jargon and abbreviations used in wagering are interpreted. 2. Types of bets available are explained. 3. Bookmakers' ledgers are interpreted. 4. Information provided on totalisators and other betting or form analysis systems is interpreted. |
Monitor wagering. |
5. On-course and totalisator wagering trends are monitored. 6. Off-course e-betting system wagers are monitored. |
Relate odds offered to current form. |
7. Speed maps and predicted form are reviewed. 8. Odds offered by a range of sources are compared to predicted form . 9. Race performance is assessed against wagers made and reported. |
Required Skills and Knowledge
REQUIRED SKILLS AND KNOWLEDGE |
This section describes the skills and knowledge required for this unit. |
Required skills |
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Required knowledge |
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Evidence Guide
EVIDENCE GUIDE |
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The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package. |
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Critical aspects for assessment and evidence required to demonstrate competency in this unit |
The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy all of the requirements of the performance criteria, required skills and knowledge and the range statement of this unit and include evidence of the following:
Evidence should be collected over a period of time in a range of racing operations and administration-relevant contexts, and include dealings with an appropriate range of situations. |
Context of and specific resources for assessment |
Competency must be assessed in a racing workplace that provides access to the required resources. Assessment is to occur under standard and authorised work practices, safety requirements and environmental constraints. It is to comply with relevant regulatory requirements or Australian Standards requirements. Assessment of the practical components of this unit will be by observation of relevant skills. The following resources must be available:
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Method of assessment |
Assessment methods must satisfy the endorsed Assessment Guidelines of the Racing Training Package. The suggested strategies for the assessment of this unit are:
Evidence is required to be demonstrated over a period of time, therefore where performance is not directly observed any evidence should be authenticated by supervisors or other appropriate persons, at least one of whom should be approved by the State Principal Racing Authority. This unit may be assessed in a holistic way with other units of competency relevant to the industry sector, workplace and job role, for example:
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Guidance information for assessment |
Assessment methods should reflect workplace demands (e.g. literacy and numeracy demands) and the needs of particular target groups (e.g. people with disabilities, Aboriginal and Torres Strait Islander people, women, people with a language background other than English, youth and people from low socioeconomic backgrounds). |
Range Statement
RANGE STATEMENT |
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The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. The range statement provides details of how this competency can be used in the workplaces of the racing industry to interpret wagering trends. Workplaces include greyhound, harness and thoroughbred racecourses, training tracks and administration buildings. Stewards oversee the conduct of all racing-related activities within the responsibilities and powers described under the rules of racing. The conditions under which this unit is delivered and assessed must take into consideration these powers and responsibilities. These powers and responsibilities are further described in the rules of racing for the relevant racing code. It is strongly recommended that training facilitators and learners refer to these powers and responsibilities as part of the range of conditions for all units covered in the steward specialist area of the Training Package. |
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Industry jargon and abbreviations may include: |
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Types of bets may include: |
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Speed maps may be prepared through use of: |
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Impact upon predicted form may include: |
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Unit Sector(s)
Unit Sector |
Greyhound, harness and thoroughbred racing codes |
Co-requisite units
Co-requisite units |
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Functional Area
Functional Area |
Racing common |