Sportsbook Manager – iGaming

Initiate International; Wes-Kaap; Hybrid; ZAR 200,000 - 300,000; Full time

Job summary

A leading iGaming company in Cape Town seeks a dynamic Sportsbook Manager to oversee trading operations and risk management. The ideal candidate will have over 5 years of experience in the industry and possess strong analytical and team management skills. This role offers a competitive salary and opportunities for career growth within a fast-growing international brand in a multicultural environment.

Benefits

Competitive salary and performance-based bonuses

Dynamic, multicultural work environment

Career growth opportunities

Flexible working options

Access to latest tools and technologies

Qualifications

• 5+ years of experience in sportsbook trading or risk management, preferably within the iGaming industry.
• Strong understanding of odds compilation and customer behavior.
• Ability to work flexible hours, including evenings and weekends.

Responsibilities

• Oversee daily operations of the sportsbook, including pre-match and in-play trading.
• Lead management of odds to ensure competitive pricing.
• Monitor real-time sports events and make informed trading decisions.

Skills

Sports betting markets understanding

Team management

Analytical mindset

Communication skills

Problem-solving skills

Tools

Sportsbook platforms

Trading tools

Analytics software

Job description

Join a leading iGaming company in Cape Town and take the reins of our Sportsbook operations! We're looking for a dynamic and data-driven Sportsbook Manager to oversee our trading and risk management strategies, ensure competitive market offerings, and deliver an exceptional sports betting experience to our users.

As the Sportsbook Manager, you will lead a team of traders and analysts, manage day-to-day sportsbook operations, and work cross-functionally with marketing, product, and tech teams to align the sportsbook strategy with overall business goals. Your expertise will be key to ensuring profitability, customer satisfaction, and operational excellence.

Key Responsibilities

• Oversee daily operations of the sportsbook, including pre-match and in-play trading across a wide range of sports.
• Lead the compilation, management, and adjustment of odds to ensure competitive pricing and optimal margins.
• Manage risk exposure across markets and take strategic actions to mitigate losses while maximizing profitability.
• Monitor real-time sports events, customer activity, and betting patterns to make informed trading decisions.
• Work closely with product teams to optimize the sportsbook platform, user interface, and feature development.
• Collaborate with marketing and retention teams to support campaigns, promotions, and customer engagement initiatives.
• Ensure compliance with local and international regulations, licensing conditions, and responsible gambling guidelines.
• Conduct competitor analysis and monitor industry trends to identify opportunities for innovation and improvement.
• Recruit, train, and mentor sportsbook traders and support staff, fostering a high-performance culture.
• Report on KPIs, revenue, risk exposure, and customer insights to senior leadership.

Requirements

• 5+ years of experience in sportsbook trading or risk management, preferably within the iGaming industry.
• Strong understanding of sports betting markets, odds compilation, and customer behavior.
• Experience managing teams and sportsbook operations in a high-volume, fast-paced environment.
• Proficiency in using sportsbook platforms, trading tools, and analytics software.
• Analytical mindset with strong problem-solving and decision-making skills.
• Excellent communication and collaboration skills.
• A passion for sports and deep knowledge of global sporting events.
• Familiarity with regulatory frameworks and compliance requirements in the betting industry.
• Ability to work flexible hours, including evenings and weekends, based on major sporting schedules.

What We Offer

• Competitive salary and performance-based bonuses
• A dynamic, multicultural work environment in the heart of Cape Town
• Opportunities for career growth within a fast-growing international iGaming brand
• Flexible working options (hybrid or remote work opportunities, where applicable)
• Access to the latest tools, technologies, and sports data