Trader I

Fanatics Betting & Gaming; Denver (CO); On-site; USD 85,000 - 115,000; Full time

Job summary

Fanatics Betting & Gaming seeks a Trader I for the International Sports Risk team in Denver. You will help create compelling betting propositions, analyze data, and build AI tooling while monitoring live risk and collaborating with Quants, Product, Engineering and Operations.

You will work closely with traders across teams, ensure customer-centric strategies, and apply sports/math knowledge to optimize in-play risk KPIs. Hybrid collaboration and a data-driven mindset are valued.

Qualifications

• Bachelor’s degree or equivalent.
• Strong analytical skills and ability to translate data into probabilities.
• Understanding of live odds movement and market efficiency.
• Entrepreneurial, fast-paced environment experience encouraged.
• Willingness to work evenings and weekends as needed.

Responsibilities

• Oversee live risk for International Sports.
• Contribute to testing new sportsbook features and trading models.
• Assist automation/AI initiatives and identify optimization areas.
• Collaborate with traders, quants, product, and engineering teams.
• Develop data-driven trading strategies to improve KPIs.
• Ensure customer-centric trading strategies across Fanatics platforms.

Skills

Data analysis

Probability

Sports knowledge

Communication

Education

Bachelor’s degree (or equivalent)

Job description

Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.

About the Team

Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics, a global digital sports platform. The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U.S. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates twenty-two retail sports betting locations, including the only sportsbook inside an NFL stadium at Northwest Stadium. Fanatics Betting and Gaming is headquartered in New York with offices in Denver, Leeds and Dublin.

Overview

As a Trader I on the International Sports Risk team at Fanatics Betting & Gaming (FBG), you are here to help us create an entertaining betting proposition that appeals to Fanatics customers. Reporting into a Trader II , you will be an important team player and a key member of the International Sports Risk team with tasks including data analysis, building AI tooling, investigating persistent issues, and live risk monitoring. Whatever your background, keeping the customer and colleague experience at the heart of everything you do is vital to succeed in this role.

Responsibilities

• Oversee live risk for International Sports
• Contribute to testing new sportsbook features and trading models, while providing feedback and collaborating with the wider team.
• Contribute to continuous improvement across the Trading department by assisting with automation/AI and identifying areas for advancement.
• Support and collaborate with other General Sports Traders & Risk Traders within the Trading department, sharing knowledge and contributing to their development.
• Work closely with Quants, Product, Engineering, Sports and Operations teams to create and implement a best-in-class, intuitive, and scalable betting experience for our customers - driven by data, user research, and competitor analysis.
• Ensure that Fanatics are putting the customer at the heart of our Trading strategies.
• Leveraging strong sports/math knowledge to implement strategies to improve in-play risk KPIs.

Qualifications

• Bachelor’s degree (or equivalent), or currently pursuing one.
• A real passion for sport, and an inherent understanding of what sports fans want to be entertained.
• Ability to understand and interpret data, translating that data into probabilities.
• Strong understanding of live odds movement, market efficiency, and expected value.
• Preference to work in an entrepreneurial, hyper-growth environment where decisions are made quickly.
• Team-first mentality, with a willingness to do what it takes to get the job done and effectively work cross-functionally across different teams at FBG and the larger Fanatics organization.
• Willingness to ask questions, learn, and solve problems independently.
• A flexible work schedule will be required, including some evenings, weekends, and occasional holidays.
• This role is based in our Denver, USA office and requires you to be in office 5 days a week.
• If you possess some of these skills but not all of them, we still encourage you to apply!

Ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting & Gaming. The range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual offer is confirmed. In addition to the base and bonus, full-time employment, and more. For information about our benefits, please visit https://benefitsatfanatics.com/

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