At Magic Eden, we’re breaking down barriers to make Web3 what it should be — intuitive, accessible and of course, magical. As the #1 Bitcoin dApp and the #1 NFT marketplace, we’re leading the charge to redefine the onchain experience. Backed by top-tier investors like Sequoia, Paradigm, Electric Capital and Lightspeed Ventures, we’re building a future where trading is seamless, tokenomics are meaningful and Magic Eden fulfills its mission of making digital ownership universal. Join our global team of passionate, scrappy and wildly talented people to help shape the next era of Web3 with us.
Senior Sports Trader & Risk Analyst - Startup Sportsbook
Position Overview
We're seeking an experienced Senior Sports Trader to join our new sportsbetting product, reporting directly to one of our Co-Founders. This role provides the opportunity to start at the ground floor in building a next generation sports betting experience incorporating social copybetting and more market selection from prediction markets. We are looking for a candidate to apply their sports market and analytical knowledge to directly drive profitability, manage risk, and help shape our competitive positioning in the sportsbetting market.
Key Responsibilities
Trading Operations:
Monitor and manage pre-match and live betting markets across multiple sports, with primary focus on Soccer, Basketball, Tennis, Baseball, and Cricket
Adjust odds and markets in real time to optimize profitability and maintain market competitiveness
Execute trades to hedge against potential losses and balance book exposure
Risk Management & Analysis:
Analyse player behavior, trading performance, and risk exposure patterns
Monitor competitor pricing and market movements to maintain competitive positioning
Conduct post-event analysis to evaluate trading performance and refine strategies
Implement risk mitigation strategies during high-volume events
Identify and investigate irregular betting patterns or potential fraud
Technology & Strategy:
Manage and optimise trading tools, live odds feeds, and automation systems
Work with leading industry vendor platforms for trading and risk management
Collaborate with Product and Data teams to improve product & trading experience
Requirements
Essential Qualifications:
5+ years of experience as a Sports Trader or similar role within iGaming or sportsbetting
Deep understanding of Soccer, Basketball, Tennis, Baseball, and Cricket betting markets
Expertise in core betting mechanics: spreads, moneylines, totals, parlays, props, teasers, and futures
Strong analytical and numerical skills with ability to make data-driven decisions quickly
Experience with trading platforms, market feeds, and automation systems from leading industry vendors
Excellent attention to detail and risk management mindset
Professional Skills:
Highly motivated self-starter with proactive approach to problem-solving
Strong critical thinking and decision-making abilities under pressure
Ability to thrive in fast-paced, ambiguous startup environments
Flexibility to work shifts including evenings, weekends, and holidays aligned with live event coverage
Passion for staying current with industry trends, regulatory changes, and best practices