Settler

Settler is an expert at a betting shop who conducts mathematical calculations, whether payments or calculation of odds.

These are very important people in the bookmaker organization. They adjust the odds, calculate the possible winnings and calculate the payout size to the players. All this mathematics is very important in the gaming industry, where the company’s net income does not exceed 10% of the turnover, so for a constant profit you need to make accurate calculations.

Most often the settler is engaged in analyzing the possible expense and arrival and calculating the average possible winnings that the bookmaker will receive from the bets made.