Full-Time

Sports Trader

Posted on 12/14/2024

DraftKings

DraftKings

1,001-5,000 employees

Online platform for fantasy sports and betting

Crypto & Web3
Gaming

Compensation Overview

$23.49 - $29.36Hourly

+ Bonus + Equity

Entry, Junior

Las Vegas, NV, USA

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Data Science
R
Data Analysis
Requirements
  • Strong analytical and problem-solving skills, preferably with a background in math and statistics.
  • Knowledge of sports in at least one of the major US leagues.
  • Ability to work flexible hours, including evenings, weekends, and holidays.
  • Strong communication, teamwork abilities, and decision-making under pressure.
  • Bachelor’s degree in a relevant field or equivalent work experience.
  • Proficiency in statistical analysis tools (e.g., Excel, R, Python) would be beneficial.
Responsibilities
  • Manage, adjust, and analyze inputs to ensure accuracy and availability for market pricing, situational data, trading decisions, etc. to optimize the pricing of our live betting products.
  • Actively monitor and manage pricing on in-play markets, player prop markets, while contributing to the development and optimization of these strategies.
  • Develop and manage engaging live betting content and player prop markets to enhance user experience, increase engagement, and ensure our offering is best in class.
  • Identify potential market inefficiencies and utilize these insights to optimize our betting odds.
  • Work closely with the analytics, data science, product, operations, and other trading teams to develop and implement trading strategies.

DraftKings operates in the online gaming and entertainment industry, focusing on daily fantasy sports, sports betting, and online casino games. Users can engage in daily fantasy sports contests for cash prizes, place bets on various sports events, and play casino games like slots, blackjack, roulette, and poker. The platform also includes a marketplace for digital collectibles, allowing users to buy, sell, and trade NFTs of celebrities. DraftKings ensures compliance with gaming regulations, providing a secure environment for its users. Unlike many competitors, DraftKings offers a diverse range of gaming options and revenue streams, attracting a wide audience of sports fans, gamblers, and digital collectors. The company's goal is to create a comprehensive and safe platform for users to enjoy various gaming activities and digital asset trading.

Company Stage

IPO

Total Funding

$911.4M

Headquarters

Boston, Massachusetts

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Delta Air Lines could open new revenue streams through in-flight gaming.
  • Launch of Sportsbook+ in New York offers enhanced odds, attracting more subscribers.
  • Entry into the NFT market taps into the growing digital collectibles trend.

What critics are saying

  • Class action lawsuit for alleged unlawful account termination could damage reputation.
  • Accusations of collusion with FanDuel may lead to antitrust investigations.
  • Sportsbook+ in New York may face regulatory scrutiny over its subscription model.

What makes DraftKings unique

  • DraftKings offers a unique combination of fantasy sports, sports betting, and online casino games.
  • The company has ventured into the NFT market, expanding its digital collectibles offerings.
  • DraftKings ensures a secure gaming environment through compliance with gaming authorities.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Performance Bonus

Company Equity

INACTIVE