Unit of competency Outline
Date retreived
23/07/2026 9:01 PM AWST
23/07/2026 9:01 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Interpret wagering trends
Interpret wagering trends
Unit of competency
National Code
RGRSTD302A
RGRSTD302A
State Code
S6882
S6882
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
09/10/2014
Field of Education
080301 - Business Management
Original Release Date
09/10/2014
Nominal Hours
40
Description
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.
Notes
Elements and 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.
RANGE STATEMENT
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.
Industry jargon and abbreviations may include:
appeared to falter
barrier or box draw
came together in the run
changing stride
checking
climbing
crossing towards the rails
crowding
hanging
jumped smartly
laying in
losing ground
over racing
race distance
raced wide
racing ungenerously
sectional times
steadying off the heels
tailed off
track condition.
Types of bets may include:
bet-backs
betting exchange transactions
daily double
dividend odds
each way
exacta
electronic betting
quadrella
quinella
sports betting
telephone betting
trifecta
win and place
win only.
Speed maps may be prepared through use of:
form guides
race books
stewards' reports
other form reviews, including video replays of races, trials and trackwork.
Impact upon predicted form may include:
class or grading of race
driver or rider error and experience
horse's age and number of race or trial starts
other incidents such as interference, including:
careless driving or riding
changes in strategies
crossing another horse
crowding
gear usage
hampering
injury in running
jostling
lack of race fitness
missing the start
taking the running
variety of tracks and track conditions.
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.
Industry jargon and abbreviations may include:
appeared to falter
barrier or box draw
came together in the run
changing stride
checking
climbing
crossing towards the rails
crowding
hanging
jumped smartly
laying in
losing ground
over racing
race distance
raced wide
racing ungenerously
sectional times
steadying off the heels
tailed off
track condition.
Types of bets may include:
bet-backs
betting exchange transactions
daily double
dividend odds
each way
exacta
electronic betting
quadrella
quinella
sports betting
telephone betting
trifecta
win and place
win only.
Speed maps may be prepared through use of:
form guides
race books
stewards' reports
other form reviews, including video replays of races, trials and trackwork.
Impact upon predicted form may include:
class or grading of race
driver or rider error and experience
horse's age and number of race or trial starts
other incidents such as interference, including:
careless driving or riding
changes in strategies
crossing another horse
crowding
gear usage
hampering
injury in running
jostling
lack of race fitness
missing the start
taking the running
variety of tracks and track conditions.
EVIDENCE GUIDE
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.
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:
knowledge of the requirements, procedures and instructions that are to apply when interpreting wagering trends
demonstration of the ability to analyse race form and predict expected race results, interpret bookmakers' ledgers, totalisators and other systems, and accurately monitor betting fluctuations
implementation of procedures and timely techniques for the safe, effective and efficient application of cadet steward duties
working with others to undertake and complete the required procedures that meet required outcomes.
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:
materials and equipment relevant to assessing candidate's ability to interpret wagering trends
racing administration buildings, race meetings and related facilities
work instructions and related documentation.
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:
written and/or oral assessment of candidate's required knowledge
observed, documented and firsthand testimonial evidence of candidate's application of practical tasks
case studies to assess candidate's ability to provide written and/or oral responses to various scenarios.
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:
RGRCMN001A Comply with the rules of racing and related protocols
RGRROP408A Perform duties of betting supervisor or steward at greyhound or horse race meetings.
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).
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.
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:
knowledge of the requirements, procedures and instructions that are to apply when interpreting wagering trends
demonstration of the ability to analyse race form and predict expected race results, interpret bookmakers' ledgers, totalisators and other systems, and accurately monitor betting fluctuations
implementation of procedures and timely techniques for the safe, effective and efficient application of cadet steward duties
working with others to undertake and complete the required procedures that meet required outcomes.
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:
materials and equipment relevant to assessing candidate's ability to interpret wagering trends
racing administration buildings, race meetings and related facilities
work instructions and related documentation.
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:
written and/or oral assessment of candidate's required knowledge
observed, documented and firsthand testimonial evidence of candidate's application of practical tasks
case studies to assess candidate's ability to provide written and/or oral responses to various scenarios.
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:
RGRCMN001A Comply with the rules of racing and related protocols
RGRROP408A Perform duties of betting supervisor or steward at greyhound or horse race meetings.
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).
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OAB17 | RGRSTD302 | Interpret wagering trends | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| S648 | RGR30408 | Certificate III in Racing Services (Cadet Steward) | Qualification |
| J774 | RGR40608 | Certificate IV in Racing Services (Steward) | Qualification |
| J778 | RGR50308 | Diploma of Racing Services (Steward) | Qualification |