Mustard Systems

Mustard Systems

Pricing models for bookmakers and bettors

Overview

Mustard Systems is a London-based analytics company that builds pricing models and uses them to provide services to bookmakers and professional gamblers. The core product is a suite of pricing models that inform decisions, risk assessment, and betting-related services for clients. These models are applied through client-specific services and bespoke analyses, turning model outputs into actionable betting and pricing strategies. The company differentiates itself by combining a heritage of quantitative research and software with a young, ambitious team, enabling both rigorous data-driven methods and agility in execution. Mustard Systems aims to leverage evolving market conditions to grow its client base and expand its range of pricing-related services in both the short and long term.

About Mustard Systems

Simplify's Rating
Why Mustard Systems is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2014

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Simplify's Take

What believers are saying

  • Mustard Systems leased 8,400 square feet at 245 Hammersmith Road in 2025.
  • Its website still describes ongoing applications in betting, insurance, finance, and media.
  • The company retains direct access to licensed bookmakers and professional gamblers, preserving niche demand.

What critics are saying

  • Mustard Systems closed no open roles on its website in November 2025.
  • DraftKings' 2024 Dijon Systems acquisition internalized golf pricing, shrinking future B2B revenue.
  • Any model underperformance against sharper bookmakers destroys trust and forces client churn within months.

What makes Mustard Systems unique

  • Mustard Systems runs sports pricing models, trading strategies, and live execution in Hammersmith.
  • Its team of 60 spans quant research, software, and monetization across multiple sectors.
  • DraftKings bought Dijon Systems’ Mustard Golf in 2024, validating specialist golf pricing.

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Benefits

Health Insurance

Life Insurance

Paid Vacation

Sabbatical Leave

Flexible Work Hours

Hybrid Work Options

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