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Sportsbook Risk Trading Jobs (NOW HIRING)

Penn Interactive

Associate Sportsbook Trader

OR · Remote

$14 - $19/hr

About the Role & Team We are looking to expand our trading and risk team here at theScore and as a constantly growing and evolving sportsbook, we are always on the lookout for the best talent to join ...

Fliff

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

We are pioneering play-for-fun sports gaming, with our flagship social sportsbook experience that ... Lead, mentor, and develop a high-performing team of risk analysts and traders. Foster a ...

Fliff

Head of Risk & Trading

Philadelphia, PA · On-site +1

$100K - $150K/yr

We are pioneering play-for-fun sports gaming, with our flagship social sportsbook experience that ... Lead, mentor, and develop a high-performing team of risk analysts and traders. Foster a ...

Fliff

Head of Risk & Trading

Philadelphia, PA · Remote

We are pioneering play-for-fun sports gaming, with our flagship social sportsbook experience that ... Lead, mentor, and develop a high-performing team of risk analysts and traders. Foster a ...

Penn Interactive

Associate Sportsbook Trader

$53K - $73K/yr

About the Role & Team We are looking to expand our trading and risk team here at theScore and as a constantly growing and evolving sportsbook, we are always on the lookout for the best talent to join ...

FanDuel

Risk Data Science, Director

Jersey City, NJ · On-site

THE POSITION Our roster has an opening with your name on it FanDuel is looking for a Risk Data Science Director to help shape our Risk & Trading team at America's #1 Sportsbook. The role will include ...

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 ... Sportsbook Trading. This role requires a highly professional, organized, and enthusiastic ...

Penn Interactive

Trading Operations Associate

$48K - $70K/yr

Whether it's through Hollywood Casino, theScore Bet Sportsbook, or theScore media app, we're ... About the Role and Team Our Risk and Trading Operations team is available 24/7 to assist the ...

Swish Analytics

Trading Analyst

San Francisco, CA · On-site +1

Own and manage real-time trading risk, including exposure monitoring, liability controls, and ... sportsbook pricing models Requirements * Bachelor's degree or higher in a quantitative or ...

Swish Analytics

Trading Analyst

San Francisco, CA

Own and manage real-time trading risk, including exposure monitoring, liability controls, and ... sportsbook pricing models Requirements * Bachelor's degree or higher in a quantitative or ...

AEG

Trading Analyst

San Francisco, CA · On-site

$70K - $110K/yr

Own and manage real-time trading risk, including exposure monitoring, liability controls, and ... sportsbook pricing models Requirements * Bachelor's degree or higher in a quantitative or ...

Swish Analytics

Trading Analyst

San Francisco, CA · On-site +1

$70K/yr

Manage client risk, ensuring the highest margins on Swish products through +EV decisions * Manage ... Minimum of 3 years of in-play experience at a sportsbook * Deep understanding of sports betting and ...

Swish Analytics

Trading Analyst

San Francisco, CA · On-site +1

$80K/yr

Manage client risk, ensuring the highest margins on Swish products through +EV decisions * Manage ... Minimum of 3 years of in-play experience at a sportsbook * Deep understanding of sports betting and ...

Swish Analytics

Trading Analyst

San Francisco, CA · Remote

$80K/yr

Manage client risk, ensuring the highest margins on Swish products through +EV decisions * Manage ... Minimum of 3 years of in-play experience at a sportsbook * Deep understanding of sports betting and ...

Swish Analytics

Trading Analyst

San Francisco, CA · Remote

$70K/yr

Manage client risk, ensuring the highest margins on Swish products through +EV decisions * Manage ... Minimum of 3 years of in-play experience at a sportsbook * Deep understanding of sports betting and ...

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Sportsbook Risk Trading information

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$14

$30

$74

How much do sportsbook risk trading jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for sportsbook risk trading in the United States is $30.34, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $38.70 per hour, depending on experience, location, and employer.

What does a trader do at a sportsbook?

A sportsbook trader manages betting lines, sets odds, and monitors betting activity to balance the book and minimize risk. They analyze data, adjust odds accordingly, and use trading tools to ensure profitability while maintaining competitive offerings.

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

To thrive as a Sportsbook Risk Trader, you need strong analytical skills, a solid understanding of sports betting markets, and proficiency in mathematics or statistics, often supported by a relevant degree. Familiarity with trading platforms, odds compilation software, and risk management systems is crucial. Attention to detail, quick decision-making, and effective communication are standout soft skills in this role. These abilities are essential for accurately managing betting risks, ensuring market competitiveness, and maximizing profitability for the sportsbook.

What is the difference between Sportsbook Risk Trading vs Sportsbook Trader?

AspectSportsbook Risk TradingSportsbook Trader
Primary RoleManaging risk exposure and setting odds to balance betting actionExecuting bets, adjusting odds, and managing betting lines
Required SkillsRisk management, data analysis, odds settingOdds calculation, market analysis, customer service
Work EnvironmentAnalytical, office-based, often in betting companiesOperational, in betting shops or online platforms
CertificationsKnowledge of betting regulations, risk management certificationsCustomer service certifications, betting industry knowledge

While both roles are integral to sportsbook operations, Sportsbook Risk Trading focuses on managing overall risk and setting odds to ensure profitability, whereas Sportsbook Traders handle the day-to-day execution of bets and odds adjustments. Understanding these distinctions helps in choosing the right career path within the betting industry.

How much do sportsbook workers make?

Sportsbook risk traders typically earn between $50,000 and $100,000 annually, depending on experience, location, and the complexity of their trading responsibilities. Entry-level positions may start lower, while experienced traders or those in high-volume environments can earn higher salaries, often supplemented with bonuses based on performance.

What is Sportsbook Risk Trading?

Sportsbook Risk Trading refers to the process of managing the financial exposure and odds for a sportsbook or betting company. Risk traders monitor betting markets, set and adjust odds, and manage liabilities to ensure the sportsbook remains profitable and balanced across different events. Their role involves analyzing betting patterns, identifying potential threats such as arbitrage or insider betting, and making real-time decisions to protect the company's interests. They work closely with data analysts and use sophisticated software to assess risk and respond to market changes swiftly.

How much does a sportsbook trader make?

A sportsbook trader's salary typically ranges from $50,000 to $120,000 annually, depending on experience, location, and the size of the sportsbook. Traders often earn bonuses based on risk management performance and may require knowledge of trading software and sports betting markets.

How much do sports traders make at Draftkings?

Sportsbook risk traders at DraftKings typically earn between $50,000 and $100,000 annually, depending on experience and performance. Compensation may include base salary, bonuses, and profit-sharing, with some traders earning higher with advanced skills and successful risk management.

What are some common challenges faced by Sportsbook Risk Traders in managing live betting markets?

Sportsbook Risk Traders often face the challenge of quickly adjusting odds in response to real-time events and betting patterns, especially during live matches. This requires strong analytical skills, fast decision-making, and the ability to manage multiple markets simultaneously while minimizing potential liabilities for the sportsbook. Additionally, traders must remain vigilant for unusual betting activity that could indicate insider information or attempts to exploit market inefficiencies. Effective collaboration with data analysts and trading team members is also essential to ensure balanced books and optimal profitability.
Infographic showing various Sportsbook Risk Trading job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $63,100 per year, or $30.3 per hour.

Sportsbook Risk and Trading Specialist

Parx Bensalem

Bensalem, PA • On-site

$93K/yr

Full-time

Posted 12 days ago

Job description

• Oversee day-to-day back-of-house Sportsbook operations, working closely with third-party suppliers to deliver a targeted and customer-specific product.
• Manage risk effectively by reviewing betting limits, conducting customer profiling, and overseeing customer account activity.
• Recommend and develop product enhancements, including new betting opportunities, either internally or in collaboration with external partners.
• Monitor Sportsbook performance to ensure results align with company targets and KPIs.
• Research and analyze market trends to gain insights that support forecasting of customer betting behaviors.
• Manage all Sportsbook-related content across platforms to maintain accuracy, consistency, and relevance.
• Perform all other duties as assigned.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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