Posted 1 month ago

Sports Trader, SSBK

MiamiRemoteFull-time

AI Summary

A Sports Trader at Betr manages risk and liability on sportsbook markets, pricing and adjusting odds in real time using data and market consensus to drive revenue and profitability.

About this role

ABOUT BETR

Founded in 2022 by Joey Levy and Jake Paul, Betr has built the world's first real money gaming Super App. The Betr Super App currently consists of Picks, Social Sportsbook, Social Casino, and Arcade - and will soon include Prediction Markets alongside other new products. Betr has one million paying users and is one of the fastest growing companies in the industry.

Betr is also the world's most followed real money gaming brand on social media.

About The Role:

The Betr team is looking for a Sports Trader with enthusiasm and passion for the sports gaming industry. Reporting into our VP of Sports Trading, you will have a direct impact on both revenue profitability and expanding our market offerings. You will be the person behind the odds that our users bet on, using a variety of data to formulate what Betr believes are the most accurate odds, and then managing those odds throughout their lifecycle. This role will require scheduling flexibility and working on holidays and weekends when necessary.

What You'll Do:

Manage risk and liability across Betr's sportsbook markets in accordance with Betr risk and trading SOPs.

Price and trade markets in real time, including in-play/live betting, adjusting lines as action, news, and game state evolve.

Monitor league news, injuries, lineups, and weather to make real-time market adjustments ahead of and during events.

Set and adjust Betr's opening and closing lines in coordination with market consensus and sharp market movement.

Manage liability limits, exposure, and bet acceptance thresholds across accounts and markets.

Assist in analyzing daily reports to ensure proper customer/account profiling, hold rates, and other key trading metrics.

Collaborate with operations and trading tech to enhance market coverage, latency, and the overall customer experience.

About You:

3+ years of experience trading in a Sports Betting platform

Strong analytical skills and ability to calculate odds

Highly motivated self-starter with a proactive approach to problem-solving and a passion for staying up-to-date with industry trends and best practices

Problem solving and strong critical thinking

You thrive in a fast paced environment and are not intimidated by ambiguity or change

Excellent verbal, written, and interpersonal skills with the ability to communicate clearly and effectively with team members and stakeholders, both internally and externally

Self-motivated the the ability to drive initiatives from end-to-end, holding yourself to a high standard of excellence

An entrepreneurial mindset with excellent organizational skills, the ability to be flexible, & prioritize responsibilities