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 looking for a Principal Quantitative Analyst specializing in Sports Betting to join our Quantitative Sports team. As a Principal Quantitative Analyst, you will lead the development and implementation of sophisticated 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 exceptionally skilled in quantitative analysis, statistical modeling, and has a deep understanding of sports betting industry.
Key Responsibilities:
•Develop and maintain sophisticated sports simulation models to accurately price a wide range of sports betting markets
•Lead the creation of proprietary algorithms for odds compilation and risk management across various sports and bet types
•Collaborate with data engineering teams to ensure efficient processing and utilization of large-scale sports datasets
•Implement and continuously improve models for live betting, taking into account real-time data and market movements
•Conduct in-depth analysis of betting patterns and customer behavior to refine pricing strategies and identify potential risks
•Work closely with trading teams to provide quantitative insights and support for decision-making
•Stay abreast of the latest developments in sports betting technologies, incorporating new methodologies as appropriate
•Mentor and guide junior quantitative analysts, fostering a culture of innovation and analytical rigor within the team
What are we looking for?•Extensive experience in developing and implementing complex 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.
•Proficiency in programming languages such as Java, Go, C++, Rust, or Python for model development and data analysis
•Deep understanding of probability theory, stochastic processes, and their applications in sports betting
•Experience with big data technologies and distributed computing environments for processing large volumes of sports data
•Ability to work with real-time data feeds and develop models for live betting scenarios
•Strong problem-solving skills and meticulous attention to detail in analyzing sports statistics and trends
•Excellent communication skills, with the ability to present complex quantitative concepts to both technical and non-technical stakeholders
•Leadership experience in guiding and mentoring a team of quantitative analysts in the sports betting domain
Qualifications:
•Ph.D. in Mathematics, Statistics, Physics, Computer Science, or a related quantitative field
•Comprehensive knowledge of NFL and/or NBA, including team statistics, player performance metrics, and league-specific betting trends
•10+ years of experience in quantitative analysis, with a strong focus on sports modeling and sports betting
•Proven track record of developing and implementing high-impact sports simulation models for pricing and risk management
•Extensive 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)
•Deep understanding of the sports betting market, including different bet types, market dynamics, and regulatory environment
Preferred:
•Experience working with a major sportsbook or Quantitative sports company
•Familiarity with regulatory requirements and compliance in the sports betting industry
•Publications or patents related to sports modeling, quantitative modeling, or machine learning in betting contexts
•Experience with real-time decision-making systems for live betting scenarios
•Knowledge of esports and emerging betting markets
What's in it for you? We offer our employees more than just competitive compensation. Our team benefits include:
•Competitive pay and benefits
- Flexible vacation allowance
- Flexible work from home or office hours
- Startup culture backed by a secure, global brand
Roster of Uniques We 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) Hard Rock Digital
Job Tags
Work from home, Home office, Flexible hours,