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Sportsbook Risk Trading Jobs (NOW HIRING)

AEG

Sports Trading Analyst

San Francisco, CA · On-site

$70K - $120K/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 ...

Betr

Sports Trader

Our product suite spans Picks, Social Sportsbook, Social Casino, and Arcade, with Predictions ... Manage risk and liability of all DFS player props games in accordance with Betr risk and trading ...

Betr

Sports Trader

Miami, FL · On-site

Our product suite spans Picks, Social Sportsbook, Social Casino, and Arcade, with Predictions ... Manage risk and liability of all DFS player props games in accordance with Betr risk and trading ...

BetMGM

Trader (Pre-Match)

Las Vegas, NV · On-site

$61K - $92K/yr

... risk, market liabilities and supporting the product. About the Role As part of the trading team ... Acquire knowledge about Sportsbook tools, platforms, and processes. * Support the team in the ...

Onyx Games LLC

AML Analyst

New York, NY · On-site

You'll work closely with the Operations, Regulatory, Finance, and Trading teams. This is a hands-on ... risk operations, payments, compliance, sportsbook/gaming operations, or a similar role * Strong ...

FanDuel

Games Specialist

New York, NY · On-site

America's #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the ... traded on the New York Stock Exchange (NYSE: FLUT). PLAYER BENEFITS We treat our team right We ...

Novig

Market Surveillance Lead

Manhattan, NY · On-site

$140K - $180K/yr

... risk-oriented role like trading, market operations, surveillance, or quantitative analysis - ideally at an exchange, prediction market, prop trading firm, sportsbook, or fintech with a real-time ...

FanDuel

Security Engineering Manager

Atlanta, GA · On-site

Your team's purview spans endpoint security, SaaS security risk, AI guardrails and enablement, and ... America's #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the ...

FanDuel

Security Engineering Manager

New York, NY · On-site

Your team's purview spans endpoint security, SaaS security risk, AI guardrails and enablement, and ... America's #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the ...

FanDuel

Security Engineering Manager

New York, NY

Your team's purview spans endpoint security, SaaS security risk, AI guardrails and enablement, and ... America's #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the ...

FanDuel

Security Engineering Manager

Atlanta, GA

Your team's purview spans endpoint security, SaaS security risk, AI guardrails and enablement, and ... America's #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the ...

Fanatics Betting & Gaming

Fraud Agent

Jersey City, NJ · On-site

$25 - $29/hr

The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U ... risk experience * A Bachelor's Degree in a related field such as Criminal Justice, Finance or ...

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Sportsbook Risk Trading information

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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.
Data Scientist - Risk and Trading (Daily Fantasy Sports)

Data Scientist - Risk and Trading (Daily Fantasy Sports)

Sleeper

Remote

$75K - $150K/yr

Full-time

Medical, Dental, Retirement, PTO

Posted 7 days ago

Job description

About Sleeper:
Sleeper is one of the fastest growing sports platforms in the US. As the leader in Fantasy Sports, Sleeper's product portfolio includes a variety of free-to-play Fantasy Sports and real money Daily Fantasy Sports ("DFS") games and applications. Our growing list of titles spans a diverse range of sports leagues, including the NFL, NBA/WNBA, MLB, NHL, EURO, and other soon-to-be released offerings.
We are seeking a Data Scientist with relevant DFS or Sportsbook experience to help support our risk and trading function.
Responsibilities:
  • Support risk and liability management with respect to Sleeper's DFS operations, conducting data analysis and modeling to identify trends, patterns, and insights.
  • Develop predictive models and algorithms to better understand Sleeper's real-time liability, including risk exposure related to specific markets and events.
  • Conduct data wrangling, processing and cleaning operations, and design processes, as well as tools for monitoring and analyzing performance and accuracy.
  • Monitor all pricing for real-time odds, active player statistics markets, breaking news, and other relevant information to make real-time market adjustments / suspensions, while also ensuring that data flows from external partners are being recorded timely and accurately.
  • Build out user risk profiles, staying close to behavior patterns and trends, and collaborate with product and engineering teams to enhance personalization within our DFS ecosystem.
  • Automate risk and trading processes to scale for growth in users, sports, and markets in support of all game operations, and contribute to research and innovation for this function as a whole.
    Qualifications:
  • Background in computer science, data science, machine learning, mathematics/statistics, or a similar field with related experience. Comfortable working with and analyzing large data sets.
  • In-depth knowledge of DFS, sports betting, player props, handicapping, expected value, and closing line value. Ideal candidates have extensive experience with high volumes of DFS/sports betting and real money games, either as a trader, +EV bettor, and/or oddsmaker.
  • Proactive - ready to hit the ground running; excited about the idea of building out processes from scratch, and not afraid to break the "sports trading mold", challenging how the industry has historically approached risk management and trading.
  • Comfortable working "off hours" to align with peaks in the sports calendar. This will often include nights and weekends. We are generally quite flexible and will work with you to ensure an appropriate work/life balance is molded around game schedules.
  • Knowledge of SQL, Python, and/or related software/tools, and familiarity in working with databases, data warehouses, data visualizations and report building.
  • Experience with player performance metrics, game outcome predictions, in-game event modeling, as well as working with real-time sports data feeds and APIs.

Additional Information:
We believe in fair and equitable pay. Certain locations in the United States require job postings to include a reasonable estimate of the base salary range and/or a general description of benefits and other compensation applicable to the role.
For this role, in this particular location, a reasonable estimate of the base salary range for new hires is between $75,000 USD to $150,000 USD, plus benefits including Medical, Dental, PTO, and 401k.
Please note that the salary range for this role takes into account a wide range of factors that are considered in making compensation decisions including, but not limited to, skill sets; experience and training; licensure and certifications; and other business and organizational needs.
The policy of Sleeper is to provide equal employment opportunities to all applicants and employees without regard to race, color, creed, religion, sex, sexual orientation, gender identity, marital status, citizenship status, age, national origin, ancestry, disability, veteran status, or any other legally protected status and to affirmatively seek to advance the principles of equal employment opportunity. Sleeper is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers, including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Company's career webpage as a result of your disability. You may request reasonable accommodations by sending an email to jobs@sleeper.app.
Headquartered in Las Vegas, NV, Sleeper is backed by Silicon Valley's top investors, including Andreessen Horowitz, General Catalyst, and Expa.
To learn more, visit us online at: www.sleeper.com

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