Trader (Pre-Match)
As part of the trading team, the US Sports Trader trades US major league and college sports (American football, baseball, basketball and ice hockey). This also includes managing risk, market liabilities and supporting the product.
- Day-to-day trading with market moves on games, player props and futures betting.
- Compile and trade prices on a variety of markets.
- Reacting quickly to market moves to keep in line with the wider market.
- New market creation across all sports and settlement.
- Being aware of what markets need to be settled in a timely manner that may not be automated.
- Constantly coming up with new markets to improve customer experience.
- Monitor market liabilities.
- Being aware of risk across all markets and reacting accordingly.
- Being on top of our stop loss system and regularly updating so markets are on site at their fullest.
- Manage customer risk profiles.
- Identifying customers betting patterns on different levels through approvals function and betting scrollers.
- Support all product initiatives.
- Delivering on a wide range of markets to suit all customers.
- Bet Acceptance.
- Accepting bets through our approvals functionality requiring quick decision making.
- Working with compliance department with new sport, league and market approvals from new and already open US states.
- Working with content team on the delivery of an optimal site for a better customer experience by flagging any display issues.
- Until fully licensed as required by state regulations, this position will support trading by providing operational support to ensure the seamless execution of our Sports Trading lifecycle and enhance the overall customer experience.
- Assisting traders in day-to-day operations with market moves on games, player props and futures betting.
- Full-time trading training.
- Acquire knowledge about Sportsbook tools, platforms, and processes.
- Support the team in the resolution of issues impacting the trading team with both online and retail Sportsbooks.
- Provide operational support to Sports Trading team by creating betting sheets, configuration of new leagues and markets, and other tasks as assigned.
- High school or equivalent (required)
- 2+ years of experience in Trading US Sports (required)
- Passion for US Sports (required)
- Expertise in sports statistics (required)
- Strong numerical and mathematical skills (required)
- Team player (required)
- Ability to focus (required)
- Ability to work shifts which include evenings, weekends and public holidays (required)
- Excellent knowledge of the rules of the game for all sports (required)
- Good knowledge of the betting industry (required)
- Sports betting experience is essential (required)
- Familiarity with College and Major League Players (required)
- High attention to detail (required)
- Medical, Dental, Vision, Life, and Disability Insurance
- 401(k) with company match
- Pre-tax spending accounts including health care FSA and commuter savings
- Flexible paid time off
- Professional development reimbursement and ongoing skills training opportunities
- Employee resource groups
- Swag, ticket giveaways, and more!
BetMGM is a leading US sports betting and online gaming operator, formed in 2018 as a joint venture between MGM Resorts International and Entain. Headquartered in Jersey City, New Jersey, it holds exclusive access to MGM's land-based and online sports betting, poker and casino businesses across the United States and Canada. The company operates the BetMGM, Borgata Casino, Party Casino and Party Poker brands and is one of the largest operators in the regulated North American market. Its products combine online sportsbook, casino and poker with MGM's nationwide network of casinos.
