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Betting Odds Jobs (NOW HIRING)

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 ...

Betting Hero

Sports Betting Analyst

Detroit, MI

$50/hr

Betting Hero is the leading in-person customer acquisition company in the legal U.S. online ... odds boosts and casino offers show up in-app. This isn't a role we can train someone into from ...

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Betting Odds information

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How much do betting odds jobs pay per hour?

As of Jul 13, 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 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.

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 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.
More about Betting Odds jobs
What cities are hiring for Betting Odds jobs? Cities with the most Betting Odds job openings:
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Betting Odds jobs near you
Infographic showing various Betting Odds job openings in the United States as of July 2026, with employment types broken down into 69% Full Time, and 31% Part Time. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $56,825 per year, or $27.3 per hour.

Live Sports Trader

Dime Line Trading

Chicago, IL

Full-time

Re-posted 29 days ago

Job description

Working as a Production Trader at DL Trading, you will:
  • Manage trading operations - confirm data feeds are available, ensure trading models launch successfully, diagnose issues and work with the operations team to resolve
  • Monitor live trading - monitor prices and trading activity during live sporting events, ensure models have accurate gamestate information, make adjustments as needed
  • Work with quantitative traders - share feedback on trading activity, analyze trading performance, take on data-related projects as needed
  • Other duties as assigned
Skills you will need:
  • A strong passion for and knowledge of sports, in particular US team sports (e.g. MLB, NBA, NFL, NHL, NCAAF football / basketball)
  • 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 trading during live sporting events
  • Be a self-starter and dependable, as you will have some live trading shifts with limited oversight
Bonus points for:
  • SQL, Python, and / or Linux skills
  • Experience with sports betting and / or trading in financial markets