Player Props Trader at DraftKings

Plovdiv, Plovdiv, Bulgaria

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Sports Betting, Gambling, TechnologyIndustries

Requirements

Bachelor's degree in a relevant field or equivalent work experience
Strong analytical and problem-solving skills, preferably with a background in math and statistics
Knowledge of sports in at least one of the major U.S. leagues
Ability to work flexible hours, including weekends and holidays
Strong communication and collaboration skills as well as the ability to prioritize and make quick decisions
Proficiency in statistical analysis tools such as Excel, R, or Python is a plus

Responsibilities

Develop and manage player prop markets for various leagues, ensuring a wide range of betting options
Utilize statistical models and data analysis techniques to price player props accurately
Work closely with Data Science, Analytics, and cross-functional teams to align player prop offerings with overall market strategy
Actively monitor pricing on player prop markets, managing player inputs while applying innovative strategies
Conduct thorough research on player performances, team dynamics, and other relevant factors that inform prop pricing decisions
Develop and manage market-leading player prop offering to enhance user experience and increase engagement

Skills

Key technologies and capabilities for this role

statistical modelsdata analysissports bettingplayer propsmarket pricinganalyticsproblem-solvingmathstatistics

Questions & Answers

Common questions about this position

What skills and qualifications are required for the Player Props Trader role?

Candidates need a Bachelor's degree in a relevant field or equivalent experience, strong analytical and problem-solving skills with a math and statistics background, knowledge of sports in at least one major U.S. league, ability to work flexible hours including weekends and holidays, strong communication and collaboration skills, and proficiency in tools like Excel, R, or Python as a plus.

Is this a remote position, or is there a location requirement?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at DraftKings?

DraftKings emphasizes innovation, embracing emerging technologies like AI to enhance customer experiences, streamline operations, and shape the future, with teams energized by bold ideas and progress.

What makes a strong candidate for the Player Props Trader position?

A strong candidate combines sports knowledge of major U.S. leagues with mathematical and statistical expertise, proficiency in analysis tools like Python or R, and the ability to collaborate across teams while making quick decisions in a fast-paced environment.

DraftKings

Online platform for fantasy sports and betting

About DraftKings

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.

Boston, MassachusettsHeadquarters

2012Year Founded

$911.4MTotal Funding

IPOCompany Stage

Crypto & Web3, GamingIndustries

1,001-5,000Employees

Benefits

Performance Bonus

Company Equity

Risks

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.

Differentiation

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.

Upsides

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.

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