The Sports Trader is responsible for analyzing and pricing sports events for betting purposes. The role involves monitoring the odds and lines of various sports markets, identifying opportunities for profitable trades, and executing trades in real-time to maximize profits. The Sports Trader also keeps up-to-date with sports news and events to inform their trading decisions and minimize risk.
- Monitor and analyze sports markets, including pre-match and in-play, to identify opportunities for profitable trades.
- Set and adjust odds and lines based on market trends, trading activity, and other relevant factors.
- Manage risk exposure by monitoring and adjusting positions to minimize potential losses.
- Execute trades in real-time using proprietary trading software, with a focus on maximizing profits.
- Communicate effectively with other traders and analysts to share market insights and collaborate on trading strategies.
- Stay up-to-date with sports news and events, including team and player performance, injuries, and other factors that may impact trading decisions.
- Identify and implement process improvements to enhance trading efficiency and profitability.
- Maintain accurate records of trades and trading activity, including P&L statements, and provide regular reports to management.