Are their big barriers to entry to become a booky ?
One would assume it would be quite attractive to become one if he enjoys gambling. One gets to participate in the action and make money no matter which horse wins -- as long as they manage the edge right.
Do you mean the person at the tracks taking odds or a business doing online bookmaking.
Being a bookie would be fun if you like maths, are street smart, somewhat not highly ethical but you are disciplined and can control your emotions. Similar to poker I guess. And are knowledgeable about the sport with respect to odds not trivia.
I doubt a typical gambler would enjoy it. Does a "foodie" love working in a lab testing flour samples?
One would assume it would be quite attractive to become one if he enjoys gambling. One gets to participate in the action and make money no matter which horse wins -- as long as they manage the edge right.