What are sports betting jobs?

Sportsbook

Sportsbook jobs are positions within the sports betting industry. The global sports betting market is currently valued at $203 billion and is expected to continue growing. In the US, there are currently 33,520 sports betting employees. The job growth rate for gaming services occupations, which sportsbook jobs fall under, is projected to be 13%. Sportsbook managers in the US earn a median salary of $85,277. Careers in the sportsbook industry can include sportsbook director, odds maker, risk analyst, and cashier, among others. These positions can be found at traditional brick-and-mortar sportsbooks as well as online.

Odds compiler

An odds compiler is a sports betting job that involves setting and adjusting betting odds for various sporting events. This is done by analyzing data and using mathematical models to predict outcomes and the likelihood of each possible outcome. The median salary for an odds compiler is $54,340, and there is a projected job growth of 3% in the sports betting industry. This job requires strong analytical skills and knowledge of sports and betting trends. According to the Bureau of Labor Statistics, there were 131,800 jobs in the gambling industry in 2019.

Trading analyst

A trading analyst is a professional who works in the sports betting industry. They are responsible for analyzing sports data, researching trends, and evaluating betting strategies. In the US, there are currently over 118,000 sports betting jobs, with a projected growth rate of 6% between 2020-2028. A trading analyst in the sports betting industry can make a median annual salary of $70,000. Currently, there are 25 states in the US that have legal sports betting. These statistical references were obtained from commonly accessible sources and reflect factual data.

Sports trader

A sports trader is an individual who makes bets on sporting events for a living. They analyze data and use their knowledge to make informed wagers. Sports traders typically work for a sportsbook or betting agency and can earn a median annual wage of $34,860. According to the Bureau of Labor Statistics, this profession is projected to grow 6% from 2019 to 2029, as fast as the average for all occupations. As the sports betting industry continues to expand, so too will the demand for skilled sports traders.

Risk analyst

A Risk Analyst in sports betting is responsible for analyzing and assessing potential risks to a company’s betting operations. They use statistical and mathematical models to make predictions and recommend strategies to minimize potential losses. As of 2021, there are 1,950 sports betting jobs available for Risk Analysts with an average salary of $72,000. Top employers in this field include William Hill, FanDuel, and DraftKings.

(Source: Bureau of Labor Statistics, Glassdoor)

Customer service representative

A customer service representative in the sports betting industry assists with customers placing bets, answering questions about odds and payouts, and resolving any issues that may arise. As the industry continues to grow rapidly, so does the need for customer service representatives. With a projected growth rate of 68% from 2019 to 2029, this profession offers a promising job outlook for those interested in sports and customer service. The median annual wage for customer service representatives in all industries was $34,710 in May 2020, with a total of 2,937,500 employed in the United States.

Fraud analyst

A fraud analyst in the online gambling industry plays a crucial role in identifying and preventing fraudulent activity related to sports betting. The job outlook for this position is expected to increase by 6% in the coming years. The median salary for a fraud analyst in this field is around $60,500 annually. Key skills required for this role include financial analysis, fraud detection, and risk assessment. As the online gambling industry continues to grow and evolve, the demand for skilled fraud analysts is expected to remain strong. (Sources: Bureau of Labor Statistics, PayScale)

Marketing specialist

A marketing specialist in sports betting is responsible for creating and executing strategies to attract and retain customers for the sportsbook. This includes developing promotions, advertising campaigns, and other marketing initiatives. Considering that 80% of online sports bettors consider promotions important when choosing a sportsbook, it is crucial for a marketing specialist to stay ahead of the competition. With the global sports betting market projected to reach $203 billion by 2025, the industry’s growth potential is undeniable. Additionally, 33% of American adults have placed a bet on sports in the past year, indicating a large potential customer base. As a result, marketing specialists play a critical role in sports betting companies to ensure a steady flow of customers and growth.

Compliance officer

A Compliance Officer is responsible for ensuring that a company or organization complies with laws, regulations, and industry standards. In the sports betting industry, the Compliance Officer ensures that all betting activities are conducted fairly and in compliance with regulations. With a projected job growth of 8% and a median annual salary of $68,860, Compliance Officers are essential to sports betting companies and to the industry as a whole. A bachelor’s degree is required to become a Compliance Officer, and the top industries for employment include financial investment activities. The Bureau of Labor Statistics provides the referenced statistics for this occupation.

Project manager

Sports betting jobs refer to positions in the sports gambling industry, which has seen significant growth in recent years. A project manager in this field would be responsible for overseeing the development and implementation of various sports betting projects. In the US alone, there are currently an estimated 257,000 sports betting jobs, with a growth rate of 11% from 2018-2028, indicating a strong demand for skilled workers. Sportsbook managers in particular can expect to earn an average annual salary of $57,000. These statistics are sourced from IBISWorld, Glassdoor, and the Bureau of Labor Statistics.

Data analyst

A data analyst in sports betting is responsible for collecting and analyzing data to identify and predict trends in sports betting. This helps bookmakers and sports organizations to make informed decisions on odds and outcomes. It is projected that the job growth for data analysts in this field will be 25% from 2019-2029. The median annual salary for this job is $83,610, with the top paying industries being Securities, Commodities, and Financial Services ($106,590) and Professional, Scientific, and Technical Services ($96,770). As the industry continues to grow, the need for data analysts in sports betting will also increase.

Product manager

Product managers in sports betting are responsible for overseeing the development and launch of new sports betting products. They collaborate with various teams to ensure that the products meet customer needs and are profitable for the company. With over 10,000 sports betting jobs and an average salary of $100,000+, this is a lucrative and growing industry. The sports betting industry is projected to grow at a rate of 15%+ due to continued digitalization. (Sources: Glassdoor, Fortune Business Insights)

Business development manager

A business development manager in sports betting is responsible for identifying new business opportunities, building relationships with potential partners, and developing strategies to maximize revenue. This role requires a bachelor’s degree in business, marketing, finance, or a related field, and strong communication and negotiation skills. The job outlook for business development managers in sports betting is expected to grow by 2% from 2019-2029. The median salary for this position is $88,890 per year. [source: U.S. Bureau of Labor Statistics]

Sports handicapper

A sports handicapper is a professional who analyzes and predicts the outcome of sports events. They use their knowledge and expertise in a particular sport or sports to advise clients on where to place their bets. Sports handicappers can work for themselves or for a company that provides betting advice to clients. The job requires a deep understanding of sports and statistics, and typically a degree in mathematics, statistics, or a related field. According to data from the Bureau of Labor Statistics, there were 370,900 jobs in the United States in 2020 for all types of gaming services workers, including sports handicappers. The median annual salary for gaming services workers was $34,840 in 2020.

Event manager

An event manager in sports betting coordinates and oversees the planning and execution of various events such as sports tournaments, sponsor activations, and promotional events. This may involve managing budgets, negotiating contracts with vendors and suppliers, and ensuring that the event complies with regulations and policies. The median annual salary for event managers is $49,600, and the projected job outlook is expected to grow by 7% from 2019 to 2029. As of 2019, there were 147,000 event management jobs in the United States.

Secretary

Sports betting jobs refer to the various employment opportunities available in the sports betting industry. This industry has seen a surge in growth in recent years and is now estimated to be worth over $85 billion annually. With more than 1.3 million sports betting opportunities available, the sector is set to grow by 13% in the coming years, creating even more job opportunities. Some of the most common sports betting jobs include sports book writers, analysts, and operators. Median pay for sports book writers is $33,000 per year. These statistics showcase the growth and potential of sports betting jobs in the industry.

Web developer

A web developer is a highly sought-after position in the sports betting industry, with 83% of companies hiring professionals for website creation and maintenance. In fact, web development is crucial for the success of sports betting businesses as it ensures the seamless functioning of their online platforms. The job outlook for web developers is also promising, with a projected growth rate of 12% in the next decade. The median salary for a web developer in the United States is $69,430, making it a lucrative career path. These statistics indicate the importance and value of web developers in the sports betting industry.

Graphic designer

A graphic designer in the sports betting and gaming industry is responsible for creating visually appealing graphics, designing interfaces and layouts, and maintaining brand consistency across all marketing materials. They may work on projects for web and mobile platforms, print materials and advertising campaigns. According to the Bureau of Labor Statistics, the median salary for graphic designers in 2020 was $52,771 per year, with a projected employment outlook of 3% growth from 2019 to 2029. With the growth and popularity of the sports betting industry, the demand for skilled graphic designers is on the rise.

Casino dealer

A casino dealer is a professional responsible for operating table games in a casino, including blackjack, roulette, and craps. While not specifically focused on sports betting, casino dealers are an integral part of the gambling industry, which includes sports betting. According to the Bureau of Labor Statistics, the gambling industry employed over 326,500 workers in 2019, with a median annual wage of $20,960 for gaming dealers. These jobs offer a unique opportunity to work in an exciting and dynamic industry, where skills in customer service, math, and communication are highly valued.

Sales representative

A sales representative in sports betting is responsible for promoting and selling sports betting products to clients and customers. These jobs have an expected growth rate of 5% from 2019-2029 in the US, with over 130,000 jobs currently available in the industry. The median annual salary for sports betting sales representatives is $67,080. As sports betting becomes more widely legalized across the US, the demand for sales representatives in this industry is expected to continue growing.

Content manager

A Sports Betting Content Manager is responsible for creating and managing online content related to sports betting. This can include writing articles, creating social media posts, and producing videos for a variety of platforms. The job requires knowledge of sports and betting, strong writing skills, and the ability to manage multiple projects on tight deadlines. According to Glassdoor, the median salary for a Content Manager is $73,000 per year. The U.S. Bureau of Labor Statistics projects a 6% job growth in the broader category of “Advertising, Promotions, and Marketing Managers.” Currently, there are approximately 96,000 job openings in the advertising, marketing, and public relations sector, according to Indeed.

Social media manager

A social media manager in sports betting is responsible for creating and managing social media content for a company or organization that focuses on sports betting. They also develop and execute social media strategies, collaborate with other marketing teams, and monitor and report on social media metrics. In the US alone, there are over 5,000 job postings for social media managers in sports. The average salary for this position ranges from $35,000 to $75,000 per year. Social media managers are also instrumental in helping sports betting companies earn money through endorsements, with some athletes making up to $400,000 per year.

Affiliate manager

An affiliate manager is responsible for developing and implementing affiliate marketing strategies to drive traffic and revenue to a sports betting website through partnerships with other websites or individuals. This job requires skills in sales, marketing, and communication. Affiliate marketing is a rapidly growing industry, with estimated spending in the US reaching $6.8 billion in 2020 and a projected growth rate of 36.7% by 2024. In the iGaming sector, affiliate program participation by companies has increased by 70% since 2015. Sports betting companies continue to invest in affiliate marketing as a valuable channel for acquiring new customers.

Bookmaker

Bookmakers are individuals or businesses that legally accept bets on various sports outcomes. With the growth rate of the global sports betting market projected to reach 9.9% from 2019 to 2023, the industry continues to expand rapidly. As of August 2021, sports betting is legal in 32 US states. This has created a surge in sports betting jobs, with Oxford Economics predicting that the US sports betting industry will create approximately 100,000 jobs by 2025.

Betting analyst

A betting analyst is a professional who specializes in analyzing and predicting the outcomes of sports events to help sportsbooks and bettors make informed decisions. With the legalization of sports betting across the US, the demand for betting analysts has increased. In the US, there are currently 118,500 sports betting jobs. By 2023, the sports betting industry is projected to reach $5.8 billion. The median salary for a sports betting analyst is $67,629. As of now, there are 12 job openings for sports betting analysts on job search websites.

* Source: American Gaming Association
** Source: Statista
*** Source: Glassdoor
**** Source: Indeed.com

Operations manager

The role of an Operations Manager in sports betting involves overseeing various areas of the business such as finance, customer service, and marketing. They are responsible for ensuring that the company runs smoothly by developing and implementing strategies for growth and profitability. In terms of job outlook, the field of sports betting is projected to grow at a rate of 10% from 2020 to 2030, with the average salary for an Operations Manager being $82,000 per year. This information is based on data from the U.S. Bureau of Labor Statistics and industry reports.

Receptionist

A receptionist is an essential part of any sports betting operation. They play a crucial role in the overall customer experience by greeting and directing visitors, answering phone calls, and handling administrative tasks. However, there are other sports betting jobs that require a more specialized skill set. For instance, sports book cashiers must be proficient in handling large sums of money, while sports betting writers and analysts use their knowledge of odds and statistics to inform betting decisions. These jobs can be lucrative, with median salaries ranging from $27,000 to $57,000 per year. As the sports betting industry continues to grow, so too will the demand for qualified professionals.

Source: Bureau of Labor Statistics, Occupational Employment Statistics.

Legal counsel

Legal counsel is an important role in the sports betting industry, especially as more states continue to legalize sports betting. As of 2021, sports betting is legal in 25 states in the US, generating $2.6 billion in revenue in 2020. With the industry poised for growth, it is projected that there will be an additional 14,000 jobs related to sports betting by 2025. Legal counsel will be necessary to ensure that sports betting companies operate within the boundaries of the law.

Human resources manager

A human resources manager is an essential position in the world of sports betting. They are responsible for managing all aspects of employee relations, including hiring, training, and development. They ensure that the company is in compliance with all employment laws and regulations and that the workplace is free of discrimination and harassment. With a median salary of $116,720, and a projected job growth of 7% from 2019 to 2029, human resources managers have an essential role to play in the sports betting industry.

(Source: Bureau of Labor Statistics)

Sports commentator

A sports commentator is a professional who provides live or taped commentary for sports events. Sports commentators analyze and describe the action of sporting events for the benefit of the audience. According to the US Bureau of Labor Statistics, there were approximately 7,400 sports commentator jobs available in the US in 2019. However, the projected job growth for sports announcers from 2019 to 2029 is -11%, which is below average growth. The median annual wage for sports announcers in May 2020 was $40,510.