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Novig

Sports betting platform using exchange model

Head of Business Development

Business Development & PartnershipsPosted on Nov 10
Full-timeNew York, NY, USA$180k - $220k /yr

About the Job

Requirements

  • Have 5+ years of experience owning high-stakes relationships in traditional finance, trading, sports, fintech, or another industry.
  • Be able to discuss spreads, fees, and risk with traders and follow changes in prediction market structure.
  • Bring a network across proprietary trading shops, market makers, or sports trading desks.

Responsibilities

  • Serve as the primary partner for the largest liquidity providers, understand their goals, and help them scale their relationship with Novig.
  • Grow the liquidity-provider base by finding and onboarding new providers, working with Developer Relations to bring them live.
  • Partner with Markets and Analytics to structure incentives that work for Novig and its liquidity providers.
  • Monitor each liquidity provider’s trading performance and market share, and send regular updates to the team and partners.
  • Represent Novig at industry events and liquidity-provider meetings.

Desired Qualifications

  • Experience working with trading firms.

About the Company

Novig

Sports betting platform using exchange model

Novig is a sports betting platform that plans to operate as an exchange, letting bettors set their own odds and removing the house edge by charging only the biggest winners rather than all users. In the near term, it functions as an Internet sports betting operator and internal market maker, generating revenue until it can transition to a full exchange model once regulatory approval is in place. Its app in Colorado is commission-free, and it has partnerships like Intelitics, while it uses security infrastructure trusted by top trading firms to protect user data, bets, and payments. The company aims to democratize betting, expand beyond conventional bookmakers, and move to a fully regulated exchange where winnings are not capped by house margins and where fees target only top winners.

Company size
51-200
Company stage
Series B
Total funding
$99.7M
Headquarters
New York City, New York
Founded
2021

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