Sports Trader

1 Month ago • All levels • $48,732 PA - $61,000 PA

Job Summary

Job Description

The Sports Trader at DraftKings manages and trades betting markets across various sports. Responsibilities include analyzing inputs for market pricing, actively monitoring in-play and player prop markets, developing engaging live betting content, identifying market inefficiencies to optimize betting odds, and collaborating with other teams to implement trading strategies. The ideal candidate possesses strong analytical and problem-solving skills, knowledge of major US sports leagues, proficiency in statistical analysis tools, and the ability to work flexible hours. The role demands excellent communication, teamwork, and decision-making under pressure.
Must have:
  • Strong analytical and problem-solving skills
  • Knowledge of major US sports leagues
  • Proficiency in statistical analysis tools
  • Excellent communication and teamwork
  • Ability to work flexible hours
Good to have:
  • Background in math and statistics
  • Experience with Excel, R, or Python
Perks:
  • Bonus
  • Equity
  • Benefits

Job Details

We’re defining what it means to build and deliver the most extraordinary sports and entertainment experiences. Our global team is trailblazing new markets, developing cutting-edge products, and shaping the future of responsible gaming.

Here, “impossible” isn’t part of our vocabulary. You’ll face some of the toughest but most rewarding challenges of your career. They’re worth it. Channeling your inner grit will accelerate your growth, help us win as a team, and create unforgettable moments for our customers.

The Crown Is Yours

DraftKings is seeking a Sports Trader with a passion for sports, analytical skills, and a special talent to identify pricing advantages in various situations during games. This role involves managing and trading betting markets across various sports in a fast-paced environment, adapting to real-time events to provide the most engaging and competitive experience for our customers. As well as ensuring that our offerings are both innovative and industry leading. 

What you’ll do as a Sports Trader

  • Manage, adjust, and analyze inputs to ensure accuracy and availability for market pricing, situational data, trading decisions, etc. to optimize the pricing of our live betting products.

  • Actively monitor and manage pricing on in-play markets, player prop markets, while contributing to the development and optimization of these strategies.

  • Develop and manage engaging live betting content and player prop markets to enhance user experience, increase engagement, and ensure our offering is best in class.

  • Identify potential market inefficiencies and utilize these insights to optimize our betting odds.

  • Work closely with the analytics, data science, product, operations, and other trading teams to develop and implement trading strategies.

What you’ll bring

  • Strong analytical and problem-solving skills, preferably with a background in math and statistics.

  • Knowledge of sports in at least one of the major US leagues.

  • Ability to work flexible hours, including evenings, weekends, and holidays.

  • Strong communication, teamwork abilities, and decision-making under pressure.

  • Bachelor’s degree in a relevant field or equivalent work experience.

  • Proficiency in statistical analysis tools (e.g., Excel, R, Python) would be beneficial.

The US hourly rate for this full-time position is $23.49 - $29.36, plus bonus, equity, and benefits as applicable.  Our salary ranges are determined by role, level, and location.  The compensation information displayed on each job posting reflects the range for new hire salaries for the position across all US locations.  Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.  Your recruiter can share more about the specific salary range and how that was determined during the hiring process. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

#LI-AW1

Join Our Team

We’re a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don’t worry, we’ll guide you through the process if this is relevant to your role.

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