Full-Time

Sports Operations Engineer

Kalshi

Kalshi

201-500 employees

Regulated event-contract trading platform

Compensation Overview

$100k - $150k/yr

+ Equity

New York, NY, USA

In Person

Category
Data & Analytics (1)
Required Skills
Python
SQL
REST APIs
Requirements
  • Bachelor's degree in Computer Science, Data Science, or related technical field.
Responsibilities
  • Automation Development: Design and build Python automation scripts that list, update, and determine sports markets at scale. Create intelligent systems that handle pre-game, in-play, and futures markets across NFL, NBA, MLB, NHL, MLS, NCAA, and international competitions without manual intervention.
  • Data Pipeline Architecture: Build robust data pipelines that ingest, process, and structure large volumes of sports data from multiple feeds. Design systems that handle real-time game data, player statistics, injury reports, weather updates, and official league sources while maintaining data integrity and low latency.
  • DAG & Workflow Orchestration: Implement and maintain complex DAGs for orchestrating market operations workloads. Design fault-tolerant systems that handle dependencies between data ingestion, market creation, live updates, and settlement processes across thousands of concurrent sporting events.
  • Scheduled Job Management: Develop and maintain cron jobs and scheduled tasks that automatically list markets at optimal times, update odds based on market conditions, and settle markets immediately after game completion. Ensure reliable execution during high-volume periods like NFL Sundays.
  • Internal Tooling Ownership: Own and evolve internal tools used by the Market Operations team. Build intuitive interfaces for market management, settlement verification, and operational monitoring. Gather requirements from operators and continuously improve tooling to increase efficiency and reduce errors.
  • Sports Logic Implementation: Translate complex sports rules and edge cases into code. Build systems that understand overtime rules, tiebreakers, playoff scenarios, and sport-specific nuances. Implement logic for handling postponements, suspensions, protests, and stat corrections across different leagues.
  • Real-time Processing Systems: Create systems that process live game feeds and trigger appropriate market actions in real-time. Build monitoring and alerting systems that detect anomalies, data discrepancies, or unusual game situations requiring intervention.
  • Settlement Automation: Develop automated settlement systems that accurately determine market outcomes based on official results. Implement verification layers that cross-reference multiple data sources and flag potential discrepancies for review.
  • Performance Optimization: Continuously improve system performance to handle increasing market volumes. Optimize database queries, implement caching strategies, and ensure our infrastructure scales smoothly during peak trading periods.
  • Cross-functional Engineering: Collaborate with Product, Contracts, and broader Engineering teams to integrate sports operations systems with Kalshi's core platform. Design APIs and services that enable seamless market operations.

Kalshi runs a US federally regulated exchange that lets traders speculate on whether future events will occur using event contracts. These contracts are approved by the CFTC and enable positions on outcomes like statistics or legislative results. Traders place bets on events via Kalshi’s trading platform, and the company earns revenue from transaction fees on each trade. Kalshi differentiates itself by being the first federally regulated market for event contracts, focusing on a new asset class within the futures ecosystem, and attracting both individual investors and institutional traders. Its goal is to give participants a regulated venue to hedge or speculate on economically significant events, expanding the scope of traditional futures markets.

Company Size

201-500

Company Stage

Series F

Total Funding

$2.5B

Headquarters

New York City, New York

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Sports betting drove 89% of $263.5M 2025 revenue with $22.9B trading volume.
  • Series F raised $1B at $22B valuation in May 2026 from Coatue leadership.
  • Mesh partnership adds crypto deposits via 300+ wallets, expanding to 140 countries.

What critics are saying

  • Polymarket's decentralized perps capture crypto traders, eroding Kalshi's regulated volumes within 6 months.
  • Senate's May 2026 lawmaker ban triggers insider probes, slashing political trading revenues in 3 months.
  • SEC delays on Roundhill and Bitwise ETFs divert institutional capital from Kalshi in 12 months.

What makes Kalshi unique

  • Kalshi operates as first CFTC-regulated exchange for event contracts on future outcomes.
  • Kalshi's dynamic fees scale with contract odds, avoiding guaranteed losses unlike flat fees.
  • Kalshi enables trading on 3,500 diverse markets from economics to sports events.

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Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

5%

2 year growth

0%
PR Newswire
Apr 9th, 2026
Factory leads $4.7M cultural capital investment in Kalshi alongside athletes and entertainers

Factory Holdings, a family office platform for athletes and entertainers, led a $4.7 million investment into Kalshi's Series E round alongside a16z's Cultural Leadership Fund. The investment united 74 investors including athletes Marshawn Lynch, Diana Taurasi, Breanna Stewart and Connor McDavid. The round valued Kalshi, a prediction markets platform, at approximately $11 billion and included participation from Andreessen Horowitz, Sequoia Capital, CapitalG and Charles Schwab. Factory exceeded its original allocation target and closed the investment in roughly 2.5 months. Founded by Keenan Beasley, Factory provides athletes, entertainers and entrepreneurs access to institutional-quality private investments traditionally reserved for legacy family offices. The platform operates across wealth advisory, private investments and business building, aiming to help cultural leaders gain ownership in platforms they help shape.

The Associated Press
Apr 2nd, 2026
Tribal casinos' $44B industry faces threat from unregulated prediction market platforms

At the Indian Gaming Association's annual convention this week, tribal leaders focused heavily on the threat posed by prediction markets like Polymarket and Kalshi. Chairman David Bean accused these platforms of circumventing gambling regulations, calling them "unlawful gambling dressed up as finance". Tribal gambling generates over $40 billion annually, funding healthcare, housing and education in Native American communities. Four tribal nations have sued Kalshi and Robinhood, claiming they violate federal law and state-tribal compacts. The platforms argue they operate financial markets, not gambling operations. The association announced a defence fund to support legal actions and called on Congress to regulate prediction markets. However, the Trump administration has backed the platforms, which are already facing lawsuits from more than a dozen states.

The Associated Press
Apr 2nd, 2026
Obama campaign manager Stephanie Cutter joins prediction market Kalshi as policy advisor

Kalshi, the world's largest prediction market, has appointed Stephanie Cutter as policy adviser. Cutter is managing partner of Precision Strategies and a veteran Democratic strategist who previously served as campaign manager for President Barack Obama. Founded in 2018, Kalshi operates regulated financial markets on real-world events including elections, economic indicators and sports. The platform has gained significant traction amongst politicians, with figures from Leader Hakeem Jeffries to Mayor Zohran Mamdani referencing "Kalshi odds". Cutter will focus on data-driven storytelling and deepening the company's relationships in Washington and nationwide. At Precision Strategies, she has worked with Fortune 50 companies, news networks and sports leagues, integrating data-driven communications with campaign-style approaches.

Yahoo Finance
Mar 25th, 2026
Kalshi makes $25M in fees from $2B in trades during NCAA tournament's first four days

Kalshi generated over $25 million in fee revenue during the first four days of the NCAA men's basketball tournament, processing more than $2 billion in trades. March 19, the tournament's opening day, was Kalshi's second-biggest day ever with $645.7 million in volume, trailing only the Super Bowl. The platform earned $6.6 million in fees on the first day alone. Over the four-day period, total volume reached $2.34 billion, exceeding Kalshi's fee revenue for the first five months of 2025. Sports betting dominated activity, comprising 90% of volume throughout the tournament. College basketball bets accounted for over half of volume during the first round and approximately 40% in the second round, with parlays making up an additional 13%.

FinTech Global
Mar 23rd, 2026
Kalshi reportedly hits $22bn valuation after $1bn raise

Kalshi, a WealthTech platform that offers a prediction market for investors to trade on outcomes in real-world events, has reportedly raised around $1bn, according to a report from WSJ.  The close of the investment round brings the company’s valuation to $22bn, which WSJ sites with sources familiar to the matter. The deal was led by Coatue […]