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Full-Time

Sports Trader

Confirmed live in the last 24 hours

DraftKings

DraftKings

1,001-5,000 employees

Online platform for fantasy sports and betting

Gaming
Crypto & Web3

Compensation Overview

$23.49 - $29.36Hourly

+ Bonus + Equity + Benefits

Entry, Junior

Las Vegas, NV, USA

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Communications
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 an engaging and safe platform for users to enjoy various gaming activities and digital asset trading.

Company Stage

Series E

Total Funding

$721.7M

Headquarters

Boston, Massachusetts

Founded

2012

Growth & Insights
Headcount

6 month growth

7%

1 year growth

14%

2 year growth

22%
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Simplify's Take

What believers are saying

  • Partnerships with major sports organizations like the WNBA enhance DraftKings' brand visibility and user engagement.
  • The acquisition of Sports IQ Analytics and potential acquisition of Simplebet could significantly boost DraftKings' technological capabilities and market position.
  • The introduction of new collections and features, such as the Malbon x DraftKings Collection and Reignmakers PGA TOUR, keeps the platform fresh and engaging for users.

What critics are saying

  • Legal challenges, such as the class action lawsuit regarding NFTs, could result in financial and reputational damage.
  • The highly competitive online gaming market requires continuous innovation and marketing efforts to maintain and grow the user base.

What makes DraftKings unique

  • DraftKings uniquely combines daily fantasy sports, sports betting, online casino games, and digital collectibles, offering a comprehensive gaming experience.
  • Their strong regulatory compliance ensures a secure and fair gaming environment, which is a significant advantage in the highly regulated online gaming industry.
  • DraftKings' venture into NFTs and digital collectibles sets it apart from traditional gaming platforms, attracting a new segment of digital collectors.