At a Glance
- Tasks: Join our team to develop automated betting strategies and analyse sports market behaviour.
- Company: Smartodds, a dynamic tech company focused on sports analytics.
- Benefits: 30 days holiday, in-house chef, team events, and professional development opportunities.
- Other info: Exciting career growth in a supportive and inclusive environment.
- Why this job: Make an impact in sports betting with cutting-edge technology and a collaborative team.
- Qualifications: MSc or PhD in Statistics or related field, with programming skills in R or Python.
The predicted salary is between 50000 - 70000 £ per year.
We have a fantastic new opportunity to join our team at Smartodds as a Execution Research Quantitative Analyst. Based in North London, Smartodds provides in-depth research and analysis on sporting events around the world, supported by world-class, bespoke software platforms. We are proud of our collaborative and dynamic culture, grounded in our core values of Boldness, Open-mindedness, Ownership, and Togetherness. We are a supportive and collaborative team - our environment is open, inclusive, and focused on doing great work together.
About the role
As a member of the Quant Team, you will join an exciting environment predicting outcomes of professional sports on behalf of our clients. We focus on football, baseball, basketball, cricket, tennis, American football, ice hockey, horseracing and golf. In this role, you will join the execution research team and will be focusing on devising automated betting strategies using our predictive models and algorithms used to market make / seed different bookmakers, market exchanges and predictions markets. Market making strategies, liquidity, price, risk, order book, counterparties, market trend, trading signal, optimum time of placing bets, will be your topic of research, in the context of both pre‑match and in‑running trading. As it becomes increasingly important for the business to understand the information provided from clients through their actions, the role might also include analysing betting patterns and market behaviour. This role combines rigorous statistical and mathematical modelling with production engineering. You will take models from research through to deployment, writing well‑tested, documented code that integrates into our internal libraries. The atmosphere is collaborative and academic - peer reviews, research talks, and further education opportunities - but unlike academia, the market performance provides immediate feedback on model quality. This makes the job challenging but also very exciting. You will have plenty of autonomy to develop your models from idea to code to validation to (hopefully) release. However, this autonomy operates within a structured framework: established coding patterns, weekly check‑ins, high test coverage, and strict reproducibility standards.
Key Responsibilities
- Contribute to identifying promising research directions; ensure research is carried out to the highest standard
- Develop betting and market making strategies for both pre‑match and in‑play
- Contribute to discussions and efforts to identify weaknesses and potential improvements in existing betting strategies and/or models across all sports
- Support Smartodds’ clients in their pricing tasks by developing, maintaining and supporting the mathematical libraries behind our range of tools, models and software that delivers model predictions into production
- Perform statistical analysis of datasets, testing well‑defined hypotheses and effectively communicating results to various stakeholders
- Potentially support and lead more junior members of the team
Skills & Experience Required
- Either MSc in Statistics or a related field (e.g., Data Science or Mathematics), or another field (such as Computer Science, Engineering, Finance, etc) with some experience in statistics and 3+ years of work experience in a relevant role (e.g. sports quantitative analyst for a betting syndicate, a bookmaker or betting exchange); or a PhD or equivalent in Statistics or a related field (e.g., Data Science or Mathematics), or another field (such as Computer Science, Engineering, Finance, etc) with some experience in statistics
- Extensive experience of probabilistic and statistical modelling
- Model diagnostics: Ability to evaluate predictive model performance using appropriate metrics, and to quantify and communicate predictive uncertainty
- Strong programming skills in a high‑level language such as R or Python. Write production‑quality code, not just analysis scripts
- Demonstrated passion for working in sports betting
Working style
- Collaborative team player, with a constructive approach to receiving and applying feedback
- Understands the importance of reproducible research and properly tested code
- Thorough and reliable, with a verification mindset
- Ability to work autonomously while communicating proactively any blockers when needed
- Good organisation and communication skills, including the ability to coordinate work across teams
- Ability to communicate results to those with and without specialist knowledge
Others
- Ability to work in the UK
Preferred
- Experience in developing and automating market making strategies on betting exchanges / financial markets
- Experience implementing automated trading systems and algorithms
- Good understanding of sports betting markets
- Experience in customer segmentation and profiling (ideally in context of a bookmaker)
- Experience with and/or knowledge of Bayesian models, state space models, filtering and smoothing, computational statistics and approximate inference methods
- Experience with and/or knowledge of machine and statistical learning, deep neural networks, feature engineering, reinforcement learning, dynamic optimisation and optimal control
- Experience working with large datasets
- Knowledge of and interest in football or other sports
- Strong software development foundations
- Experience with any additional programming languages (such as C++ or Julia)
- Familiarity with database technologies, e.g., SQL, MongoDB, Redis, Postgres
- Experience with version control, code reviews and merge requests
What you can expect in return – Our Benefits From Day One
- 30 days holiday (in addition to bank & public holidays)
- In‑house chef*
- In‑house masseuse*
- Team sporting events
- 25% discount on Brentford Football Club merchandise
- Cycle to work scheme
- Employee Assistance Programme
- Interest‑free travel season ticket loan
- Offsite trips
After 3 Months
- Pension - Employer Contribution starting at 5.5%, and employee starting at 2.5%
- Income protection – 75% of salary (subject to terms & conditions)
After Probation
- Dedicated time for professional development - conferences, courses, meet‑ups, networking events (at least one annually)
- Private Medical Insurance - including coverage of any excess payment
- Health Cash Plan via Medicash
- Life Assurance (4 x times earnings at time of death)
- Enhanced Company Sick Pay
- A discretionary annual bonus
After 2 Years
- Increase in Employer Pension to 6% (to a minimum employee contribution of 3%)
- Enhanced Maternity Pay
- Enhanced Paternity Pay
After 4 Years
- Increase in Employer’s Pension to 7% (to a minimum employee contribution of 3.5%)
If this sounds like the right fit, we would love to hear from you. Please submit your CV and a cover letter explaining your interest in football analytics and highlighting relevant technical experience.
Quantitative Analyst – Execution Research employer: Smartodds
At Smartodds, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture in North London that fosters collaboration and innovation. Our commitment to employee growth is evident through dedicated professional development opportunities, generous benefits including 30 days of holiday, and a supportive environment where your contributions are valued and recognised. Join us to be part of a dynamic team that not only excels in sports analytics but also prioritises your well-being and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst – Execution Research
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend meet-ups, and join online forums. The more connections you make, the better your chances of landing that dream role.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your projects, especially those related to sports analytics or market making. This will give potential employers a taste of what you can bring to the table.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and understanding of betting markets. Be ready to discuss your past experiences and how they relate to the role at Smartodds.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Quantitative Analyst – Execution Research
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of a Quantitative Analyst. Highlight your experience with statistical modelling, programming skills, and any relevant projects that showcase your passion for sports betting.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're excited about the role and how your background aligns with Smartodds' values. Don’t forget to mention your interest in football analytics and any specific experiences that relate to market making.
Showcase Your Technical Skills:Since this role requires strong programming skills, be sure to include examples of your work in R or Python. If you've developed automated trading systems or worked with large datasets, make that clear!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Smartodds
✨Know Your Stats
Brush up on your statistical and probabilistic modelling skills. Be ready to discuss specific models you've worked with and how you evaluated their performance. This role is all about numbers, so showing your expertise in this area will definitely impress.
✨Show Your Passion for Sports Betting
Make sure to convey your enthusiasm for sports and betting markets during the interview. Share any personal experiences or insights you've gained from following sports analytics. This will help demonstrate that you're not just qualified, but genuinely interested in the field.
✨Prepare for Technical Questions
Expect technical questions related to programming languages like R or Python. Be prepared to discuss your coding practices, especially around writing production-quality code. You might even be asked to solve a problem on the spot, so practice coding challenges beforehand.
✨Emphasise Collaboration Skills
Since the team at Smartodds values collaboration, be ready to talk about your experience working in teams. Highlight instances where you've successfully collaborated on projects, received feedback, or mentored others. This will show that you fit well within their dynamic culture.