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Full-Time

Product Analyst

Platform

Posted on 6/27/2024

Simplebet

Simplebet

51-200 employees

Automates live sports betting opportunities

Consumer Software
Fintech
Gaming

Compensation Overview

$80kAnnually

+ Equity

Junior

New York, NY, USA

Requires onsite presence in New York, NY for hybrid work arrangement.

Category
Product Management
Product
Required Skills
Communications
Git
Figma
Data Analysis
Requirements
  • 1-2 years of experience
  • Experience with data analysis
  • Knowledge of statistics and hypothesis testing
  • Strong written and verbal communication skills
  • Passion for creating fun, engaging, and delightful user experiences
  • Self-motivated, analytical, and organized
  • Self-starter and strategic thinking skills
  • Willingness to teach and learn from colleagues
  • Ability to operate in an entrepreneurial, fast-paced, creative environment
  • Proficiency in software like Figma, Github, and Miro
Responsibilities
  • Lead the discovery, development, and launch of new features
  • Analyze user feedback and activity to enhance products
  • Generate and maintain a product backlog with detailed scope
  • Drive product development with a team of engineers and designers
  • Work closely with user research for usability studies
  • Lead quality assurance and user testing
  • Ensure customer satisfaction with product performance and roadmaps

Simplebet operates in the sports betting industry by providing technology that allows sportsbooks, gaming operators, and media companies to create betting opportunities for every moment of a sporting event. Their products include automated live pricing, game trackers, and free-to-play games, which help enhance the live betting experience for users. Unlike many competitors, Simplebet focuses on integrating these features seamlessly into existing platforms, ensuring compliance with regulations and offering dedicated technical support. The company's goal is to increase user engagement and retention through innovative betting solutions while generating revenue by licensing their technology and offering custom contests.

Company Stage

Later Stage VC

Total Funding

$77.9M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-13%

2 year growth

5%
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Simplify's Take

What believers are saying

  • Simplebet's rapid growth, evidenced by doubling its yearly handle with MLB microbetting markets, indicates strong market demand and potential for continued expansion.
  • The acquisition by DraftKings could provide significant resources and synergies, enhancing Simplebet's technological capabilities and market reach.
  • Recognition and awards, such as the 2023 American Gambling Awards, bolster Simplebet's reputation and attractiveness to both customers and potential employees.

What critics are saying

  • The competitive nature of the sports betting industry means Simplebet must continuously innovate to maintain its edge and market share.
  • Dependence on partnerships with major platforms like YES Network and Hard Rock Bet could pose risks if these relationships falter or if partners shift strategies.

What makes Simplebet unique

  • Simplebet's focus on microbetting markets, including innovative offerings like 'Visualizer' for college football and Same-Inning parlays for baseball, sets it apart from traditional sports betting platforms.
  • Winning the 2023 American Gambling Awards for 'Online Betting Product of the Year' underscores Simplebet's industry-leading innovation and product excellence.
  • Strategic partnerships with major platforms like YES Network and Hard Rock Bet enhance Simplebet's visibility and integration within the sports betting ecosystem.

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