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Sportsbook Risk Manager Jobs (NOW HIRING)

Penn Interactive

Senior Sportsbook Trader

OR · Remote

As a Senior Sportsbook Trader you will be in charge of managing our sportsbook risk, pricing, performance and content. This role requires a highly professional, organized, and enthusiastic individual ...

Fliff

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

At least 5 years of experience in risk management within sports betting or a related field, with a proven track record of success in managing sportsbook or fantasy sports risk and developing ...

Fliff

Head of Risk & Trading

Philadelphia, PA · Remote

At least 5 years of experience in risk management within sports betting or a related field, with a proven track record of success in managing sportsbook or fantasy sports risk and developing ...

Fliff

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

At least 5 years of experience in risk management within sports betting or a related field, with a proven track record of success in managing sportsbook or fantasy sports risk and developing ...

Seminolehardrock

This role will report to the Sportsbook Manager and be responsible for working within a team to ... Commit to detecting and advising customers at risk of potential responsible gaming issues.

Penn Interactive

Senior Manager, Sportsbook Trading

$115K - $165K/yr

About the Role & Team The Risk and Trading Team is responsible for all Sports Betting products ... Sr. Manager Sportsbook Trading. This role requires a highly professional, organized, and ...

Seminolehardrock

$2 - $25/hr

Manage a cash drawer for taking wagers and making payouts and reconcile this drawer. * Commit to ... risk of potential responsible gaming issues. * Effectively communicate T's & C's to customers ...

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Sportsbook Risk Manager information

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$51.5K

$111.6K

$170K

How much do sportsbook risk manager jobs pay per year?

As of Jun 4, 2026, the average yearly pay for sportsbook risk manager in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Sportsbook Risk Manager, and why are they important?

To thrive as a Sportsbook Risk Manager, you need a strong understanding of sports betting markets, mathematical analysis, and risk assessment, often supported by a degree in finance, mathematics, or statistics. Familiarity with sportsbook management platforms, odds compilation software, and data analytics tools is typically required. Strong decision-making, attention to detail, and effective communication are essential soft skills for managing live betting situations and collaborating with trading teams. These abilities are crucial for maintaining profitability, minimizing financial exposure, and ensuring regulatory compliance in a dynamic betting environment.

What are the main challenges a Sportsbook Risk Manager faces when balancing profitability and customer experience?

A Sportsbook Risk Manager often faces the challenge of maintaining the sportsbook’s profitability while ensuring a positive experience for customers. This involves carefully setting odds and limits to minimize exposure to large losses without discouraging high-value bettors. Additionally, the role requires constant monitoring of betting patterns, quickly responding to suspicious activity or market shifts, and collaborating with trading and compliance teams. Balancing these aspects requires strong analytical skills, effective communication, and staying up-to-date with sports and betting trends.

What are Sportsbook Risk Managers?

Sportsbook Risk Managers are professionals responsible for overseeing and controlling the financial risks associated with sports betting operations. They analyze betting patterns, set and adjust betting odds, and monitor large wagers to minimize potential losses for the sportsbook. Their role is crucial in ensuring the profitability and integrity of the sportsbook by balancing the book and preventing fraudulent activities. Sportsbook Risk Managers often work closely with traders, analysts, and compliance teams to maintain fair and competitive betting markets.

What is the difference between Sportsbook Risk Manager vs Sportsbook Analyst?

AspectSportsbook Risk ManagerSportsbook Analyst
CredentialsExperience in risk management, betting operations, and relevant certificationsAnalytical skills, knowledge of betting markets, and data analysis experience
Work EnvironmentOversees risk strategies, manages large betting portfolios, collaborates with tradersAnalyzes betting data, monitors market trends, supports risk decisions
Industry UsageCommonly employed in sportsbooks and gaming companies to manage riskUsed in similar settings for data analysis and market monitoring

The Sportsbook Risk Manager focuses on overseeing risk strategies and managing betting portfolios, while the Sportsbook Analyst primarily analyzes data and market trends to support risk decisions. Both roles require analytical skills and industry knowledge but differ in responsibilities and scope.

Infographic showing various Sportsbook Risk Manager job openings in the United States as of May 2026, with employment types broken down into 96% Full Time, 3% Part Time, and 1% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.
Senior Sportsbook Trader

Senior Sportsbook Trader

Penn Interactive

OR • Remote

Other

Posted 6 days ago

Job description

About the Role & Team
 
We are looking to expand our trading and risk team here at Penn Interactive and as a constantly growing and evolving sportsbook, we are always on the lookout for the best talent to join us on our mission of becoming one of the biggest operators in the world. As a Senior Sportsbook Trader you will be in charge of managing our sportsbook risk, pricing, performance and content. This role requires a highly professional, organized, and enthusiastic individual who is data driven, has a strong interest in sports and sports betting and is willing to push the boundaries to continuously improve our product. If you have an eye for detail, a love of sports and an interest in the sportsbook world then you could be the perfect fit to join us on our mission.
 
About the Work
  • Pre match and in-play pricing, trading, and promotion of the US and global sports betting products to the widest possible audience.
  • Compiling odds for a wide variety of US and global sports betting markets.
  • Managing the full lifecycle of Special Markets, from ideation to settlement.
  • Monitoring market liabilities.
  • Managing customer risk profiles on all digital channels partnering closely with the analytics teams.
  • Working with analytics teams to investigate market trends to obtain insight that assists in the prediction of customer betting patterns, and improve revenue.
  • Updating futures markets on a regular basis.
  • Liaising with Customer Services/Payments/Fraud teams to help identify fraudulent activity.
  • Liaising with the marketing team to suggest, evaluate and price potential promotional offers.
  • Ensuring all markets are set up with the correct market limits and correctly reviewed through season cycles.
  • Compiling and circulating reports to inform stakeholders of business performance and forthcoming activities.
  • Contributing to product development and testing to improve customer experience.
  • Other duties as required.
About You
  • Proven experience in assessing and calculating risk.
  • Flexibility is a must as working hours will be dictated by business needs. Must be able to work flexible schedules including nights, weekends, and public holidays.
  • Strong sports betting and/or trading experience is highly desired.
  • Data obsessed, not just data driven, with exceptional attention to detail.
  • Excellent mathematical, analytical and problem solving skills.
  • Ability to work in a fast paced environment and make decisions quickly.
  • Exceptional time management skills.
  • Strong all round sports betting knowledge and a keen interest in betting and odds is considered an asset.
What We Offer
  • Competitive compensation package.
  • Comprehensive Benefits package.
  • Fun, relaxed work environment.
  • Education and conference reimbursements.

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