Quantitative Analyst - Sports Betting

Company: Hard Rock Digital
Location: Miami
Posted on: March 5, 2025

Job Description:

What are we building?Hard Rock Digital is a team focused on becoming the best online sportsbook, casino, and social casino company in the world. We're building a team that resonates passion for learning, operating, and building new products and technologies for millions of consumers. We care about each customer's interaction, experience, behavior, and insight and strive to ensure we're always acting authentically.Rooted in the kindred spirits of Hard Rock and the Seminole Tribe of Florida, the new Hard Rock Digital taps a brand known the world over as the leader in gaming, entertainment, and hospitality. We're taking that foundation of success and bringing it to the digital space - ready to join us?What's the position?We are seeking a Quantitative Analyst specializing in Sports Betting to join our Quantitative Sports team. As a Quantitative Analyst, you will play a key role in developing and implementing sports simulations and mathematical models that drive our pricing strategies and risk management in the sports betting domain. This role requires an individual who's skilled in quantitative analysis, statistical modeling, and has a strong understanding of sports analytics and the sports betting industry.Key Responsibilities:

• Develop and maintain sports simulation models to accurately price a wide range of sports betting markets.
• Contribute to the creation and improvement of algorithms for odds compilation and risk management across various sports and bet types.
• Work with data engineering teams to ensure efficient processing and utilization of sports datasets.
• Assist in implementing and improving models for live betting, taking into account real-time data and market movements.
• Conduct analysis of betting patterns and customer behavior to inform pricing strategies and identify potential risks.
• Collaborate with trading teams to provide quantitative insights and support for decision-making.
• Stay informed about the latest developments in sports and betting technologies, proposing new methodologies as appropriate.
• Mentor junior quantitative analysts and contribute to the analytical capabilities of the team.What are we looking for?
• Solid experience in developing and implementing sports simulation models for pricing and risk assessment in sports betting.
• Strong expertise in statistical analysis, machine learning, and predictive modeling techniques applied to sports analytics.
• Proficiency in programming languages such as Java, Go, Rust, C++, or Python for model development and data analysis.
• Strong understanding of probability theory, stochastic processes, and their applications in sports betting.
• Experience with big data technologies for processing large volumes of sports data.
• Ability to work with real-time data feeds and contribute to models for live betting scenarios.
• Strong problem-solving skills and attention to detail in analyzing sports statistics and trends.
• Good communication skills, with the ability to explain complex quantitative concepts to both technical and non-technical stakeholders.
• Experience collaborating with and mentoring junior analysts in the sports betting domain.Qualifications:
• Master's degree in Mathematics, Statistics, Physics, Computer Science, or a related quantitative field (Ph.D. is a plus).
• Strong knowledge of NFL and/or NBA, including team statistics, player performance metrics, and league-specific betting trends.
• 5 years of experience in quantitative analysis, with a focus on sports statistics and sports betting.
• Proven track record of contributing to the development and implementation of sports simulation models for pricing and risk management.
• Experience with odds compilation and pricing strategies across various sports and bet types.
• Strong programming skills and experience with version control systems (e.g., Git).
• Solid understanding of the sports betting market, including different bet types, market dynamics, and regulatory environment.Preferred:
• Experience working with a sportsbook or quantitative sports company.
• Familiarity with regulatory requirements and compliance in the sports betting industry.
• Contributions to sports modeling projects or publications.
• Experience with real-time decision-making systems for live betting scenarios.
• Knowledge of esports and emerging betting markets.Roster of UniquesWe care deeply about every interaction our customers have with us and trust and empower our staff to own and drive their experience. Our vision for our business and customers is built on fostering a diverse and inclusive work environment where regardless of background or beliefs you feel able to be authentic and bring all your talent into play. We want to celebrate you being you (we are an equal opportunities employer).
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Keywords: Hard Rock Digital, Miami , Quantitative Analyst - Sports Betting, Professions , Miami, Florida