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Betting Odds Jobs (NOW HIRING)

Praxis Tech

Sportsbook Trader

Conshohocken, PA · On-site

$110 - $180/hr

The sportsbook trader role involves managing the pricing and risk of a sportsbook's betting markets, adjusting odds and lines based on real-time data and betting action. About SportsDataIO ...

Dime Line Trading

Live Sports Trader

Chicago, IL

At least a basic understanding of probabilities and / or betting odds * Ability to navigate GUI-based technical tools for trading operations * Reliable weekend and evening availability to monitor ...

River City Casino

Sportsbook Supervisor

Saint Louis, MO · On-site

$25/hr

Maintain and update customer sheets and betting odds in accordance with policy. * Resolve guest disputes promptly and professionally within scope of authority. * Assist with employee training ...

Boyd Gaming

SPORTSBOOK SUPERVISOR

Florence, IN · On-site

Monitors all monies being wagered and updates the betting odds according to Company policy. * Assists with the creation of writer tills. * Perform cashiering duties such as making change, accepting ...

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How much do betting odds jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for betting odds in the United States is $27.32, according to ZipRecruiter salary data. Most workers in this role earn between $21.63 and $31.49 per hour, depending on experience, location, and employer.

What are betting odds?

Betting odds are numerical expressions used by bookmakers to represent the probability of a particular outcome in a sporting event or other wager. They indicate how much money you can win relative to your stake if your bet is successful. Odds can be displayed in different formats such as fractional (e.g., 5/1), decimal (e.g., 6.00), or moneyline (e.g., +500), depending on the region. Understanding betting odds helps bettors assess potential returns and make informed decisions. The odds also reflect the bookmaker's margin and the perceived likelihood of each outcome.

What are the key skills and qualifications needed to thrive as a betting odds analyst, and why are they important?

To thrive as a Betting Odds Analyst, you need strong quantitative and statistical analysis skills, a solid mathematics background, and familiarity with sports or betting markets. Proficiency with data analysis software such as Excel, R, or Python, and experience with odds calculation tools and risk management systems are typically required. Attention to detail, critical thinking, and the ability to make informed decisions under pressure are crucial soft skills for this role. These competencies ensure accurate odds setting, effective risk mitigation, and the ability to capitalize on market opportunities in fast-paced betting environments.

What are the main challenges faced by professionals working with betting odds, and how can they overcome them?

Professionals working with betting odds often face challenges such as rapidly shifting market conditions, the need for precise data analysis, and maintaining accuracy under tight deadlines. To overcome these, it's important to stay updated with real-time information, utilize specialized software tools for odds calculations, and collaborate closely with traders, analysts, and risk management teams. Developing strong analytical skills and attention to detail can also help minimize errors and improve decision-making in this dynamic environment.

What is the difference between Betting Odds vs Bookmaker?

AspectBetting OddsBookmaker
RoleRepresent numerical chances of an event occurringOrganization that sets and accepts bets based on odds
CredentialsKnowledge of probability, betting marketsRegulatory compliance, risk management skills
Work EnvironmentData analysis, market researchCustomer service, risk assessment
Industry UsageUsed by bettors to evaluate betsUsed by betting companies to set odds and accept bets

Betting Odds are the numerical expressions of the probability of an event, guiding bettors in making decisions. Bookmakers are the organizations that create and manage these odds, facilitating betting activities. While Betting Odds focus on representing chances, Bookmakers operate the platforms and set the odds to balance risk and profit.

More about Betting Odds jobs

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What states have the most Betting Odds jobs?

States with the most job openings for Betting Odds jobs include:

What job categories do people searching Betting Odds jobs look for?

The top searched job categories for Betting Odds jobs are:

Betting Odds jobs near you
Infographic showing various Betting Odds job openings in the United States as of August 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $56,825 per year, or $27.3 per hour.

Sportsbook Trader

Praxis Tech

Conshohocken, PA • On-site

$110 - $180/hr

Other

Medical, Retirement, PTO

Posted 12 days ago

Job description

The sportsbook trader role involves managing the pricing and risk of a sportsbook's betting markets, adjusting odds and lines based on real-time data and betting action.

About SportsDataIO

SportsDataIO provides aggregated betting odds data and APIs to power sportsbook operators, prediction markets, affiliates, and other sports betting ecosystem players.

Responsibilities
  • Manage pricing and risk of a sportsbook's betting markets.
  • Adjust odds and lines based on real‑time data and betting action.
Benefits
  • Health Insurance
  • Retirement Plan
  • Paid Time Off
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