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Sportsbook Risk Manager Jobs (NOW HIRING)

Bally's Corporation

Risk & Fraud Analyst

Jersey City, NJ · On-site

$54K - $60K/yr

Review alerts and player activity to detect and prevent fraud across our sportsbook and casino ... Managers informed. * Prepare Suspicious Activity Report (SAR) case narratives and supporting ...

Hard Rock Digital

NY · On-site

Hard Rock Digital is a team focused on becoming the best online sportsbook, casino, and social ... Stay highly organized while managing competing priorities; experience with SharePoint is a plus.

Boyd Gaming

Sportsbook Manager

Vinton, LA · On-site

Extensive knowledge of computerized risk management systems * Decision-making skills in high pressure situations * Critical thinking * Must be able to obtain/maintain any necessary certifications and ...

Boyd Gaming

Sportsbook Manager

Vinton, LA

Extensive knowledge of computerized risk management systems * Decision-making skills in high pressure situations * Critical thinking * Must be able to obtain/maintain any necessary certifications and ...

Praxis Tech

VP Risk and Governance

San Francisco, CA · On-site

Casino Sportsbook Tech Compliance Governance Remote Hybrid Competitive Location Seniority VP ... She builds the clarity and controls that let us move fast without hesitation - turning risk into ...

Softswiss

$93K - $123K/yr

SOFTSWISS continues to expand the Sportsbook Product Team and is looking for a passionate Product ... In this role, you will work closely with Risk, Operations, Design, Analytics, and Engineering teams ...

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Sportsbook Risk Manager information

See salary details

$51.5K

$111.6K

$170K

How much do sportsbook risk manager jobs pay per year?

As of Sep 14, 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 is a sportsbook risk manager?

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 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 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 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.

Is a sportsbook risk manager a stressful job?

A sportsbook risk manager's role involves monitoring betting activity, analyzing data, and managing financial risk, which can be stressful due to the high stakes and need for accuracy. The job often requires quick decision-making, attention to detail, and working under pressure, especially during peak betting times or major sporting events.

What are popular job titles related to Sportsbook Risk Manager jobs?

For Sportsbook Risk Manager jobs, the most frequently searched job titles are:

Infographic showing various Sportsbook Risk Manager job openings in the United States as of September 2026, with employment types broken down into 80% Full Time, and 20% Temporary. Highlights an 100% In-person job distribution, with an average salary of $111,556 per year, or $53.6 per hour.

Senior Manager, Growth Cohort, Sportsbook

Manhattan, NY • On-site

Fanatics Inc
Retail • 1 - 5K employees
Learn more about Fanatics Incexternal

$150K - $175K/yr

Other

Posted 12 days ago

Key responsibilities

  • Manage new player cohorts acquired during key sporting events to maximize initial NGR and cross-sell into broader sports offerings.

  • Map and refine the user journey from registration to first deposit, collaborating with CRM and Product teams to ensure a seamless experience during high-traffic periods.

  • Partner with Promotions and Trading teams to design incentives that balance high-volume acquisition with margin health.

Fanatics rating

6.8

Company rating: 6.8 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

Job description

New York, NY, United States (Remote)

Job Description The Role

We’re looking for a Senior Manager, Cohort Growth – Sportsbook to execute the strategy for growing and maximizing player volume and value across the customer lifecycle.

You’ll partner closely with the Senior Director of Growth to bridge the gap between Marketing, Product, and the Trading floor. This role is perfect for a data-fluent marketer who understands that a player’s "first bet" experience is deeply tied to the sporting calendar. You will build the "connective tissue" between high‑traffic sporting events (Super Bowl, March Madness, EPL kickoff) and long‑term commercial outcomes.

Responsibilities
  • Execute Seasonal Cohort Strategy: Own the management of new player cohorts acquired during key tentpole events. Implement strategies to maximize Initial NGR and ensure players acquired for a specific event (e.g., the World Cup) are successfully cross‑sold into the broader sports offering.
  • Optimize the Funnel: Map and refine the journey from registration to first deposit. Collaborate with CRM and Product to ensure a seamless "first-bet" experience that can handle the high‑velocity traffic spikes typical of pre‑match windows.
  • Event-Driven Promotional Strategy: Partner with the Promotions and Trading teams to design incentives (Odds Boosts, Insurance Bets) that balance high-volume acquisition with margin health.
  • Dynamic Intake Analysis: Analyze cohort performance by acquisition source and entry event. Identify which sports or leagues produce the highest LTV players and report insights on CAC vs. early-life ROI to Sportsbook leadership.
  • Cross-Functional Alignment: Serve as the primary bridge between Acquisition, Brand, and the Trading/Odds-making teams. Ensure promotional spend aligns with the sports schedule, volume targets, and commercial risk profiles.
  • Reporting: Lead reporting of new player volume, early-life value, and marketing spend. Actively partner with Finance and Analytics to identify performance gaps, working cross-functionally to optimize activity
Qualifications
  • 7plus years of experience in growth marketing, CRM, or lifecycle strategy—specifically withinSports Betting, iGaming, or high-velocity digital marketplaces.
  • Sports Market Fluency: A deep understanding of the sports calendar and betting-specific behaviors (e.g., parlay preference vs. straight bets, in-play vs. pre-match).
  • Proven Track Record: Experience driving retention in a seasonal industry, specifically managing "churn" after major sporting events conclude.
  • Analytical Mindset: Proficiency in cohort analysis; you should be able to explain how a cohort acquired during the NFL Playoffs differs in value from one acquired during the NBA mid-season.
  • Communication Skills: Ability to translate complex betting data into actionable narratives for leadership, especially regarding "hold" percentages and promotional reinvestment.
  • Operational Agility: Comfortable working in a fast-paced environment where strategies may need to pivot based on real-world match results or major injuries.

Salary range is listed in USD; ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. *Salary Range: $150,000 to $175,000 (Salary range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual Offer is confirmed). In addition to the base and bonus, full-time employment, and more. For information about our benefits, please visit https://benefitsatfanatics.com/

Depending on the role, your interview and onboarding experience may include in-person components, such as onsite interviews or Launching into Better: LIVE—a multi-day cultural immersion in New York City for full-time, non-seasonal hires. These sessions are designed to build connection and bring our culture to life, though specific travel and participation requirements will be confirmed based on your role and location. Your recruiter will provide clear guidance at each stage of the process.

Job Info
  • Locations 95 Morton St, New York, NY, 10014, US (Remote)
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