Odds Compiler · Betting & trading

Odds Compiler

Calculates outcome probabilities and turns them into odds — before the line ever reaches traders and players.

Who is this and what does he do?

If the trader manages the line in real time, the Odds Compiler builds it in the first place. You gather team and player statistics, build a probability model, bake in the margin and produce the opening odds. At modern bookmakers this is increasingly a quantitative role built on Python and statistical models rather than picking numbers by hand.

Owns

  • Build and maintain probability models across sports
  • Set the opening line and the margin
  • Validate models against historical data and results
  • Develop new betting markets (totals, handicaps, specials)
  • Work with data feeds and statistical data quality

What metrics are they used to evaluate?

  • Model accuracy against the closing market
  • Margin on the lineprofit share of betting turnover
  • Share of markets requiring manual adjustment

What should you be able to do?

Professional skills

  • Probability theory and statistics
  • Python or R for modelling
  • SQL
  • Knowledge of sports and the quirks of individual leagues
  • Working with data feeds (Sportradar, Betgenius)

Personal qualities

  • Analytical discipline
  • Ability to explain a model to non-mathematicians
  • Curiosity about data

Tools

Python (pandas, scikit-learn)RSQLSports data feeds

Languages: English B2+.

How much do they pay: salaries by grade

Arbs are indicated in euros per month, without the bonus part. The data is collected on industry jobs and offers reported by candidates; The numbers are a guideline, not a guarantee.

Malta & Cyprus

GradeFork, €/monthMedian
Junior €2 600 – €3 400 €3 000
Middle €4 000 – €5 500 €4 750
Senior €6 000 – €8 500 €7 250
Head / Lead €9 000 – €13 000 €11 000

Poland, Romania, Baltics

GradeFork, €/monthMedian
Junior €1 900 – €2 600 €2 250
Middle €3 000 – €4 200 €3 600
Senior €4 500 – €6 500 €5 500
Head / Lead €7 000 – €10 000 €8 500

Remote · Tbilisi, Yerevan, Kyiv

GradeFork, €/monthMedian
Junior €1 500 – €2 200 €1 850
Middle €2 600 – €3 800 €3 200
Senior €4 000 – €6 000 €5 000
Head / Lead €6 500 – €9 500 €8 000

Bonuses: 10–25% annually; in quant teams it is sometimes tied to the book's result.

How to break into the profession

From maths, physics, econometrics or data science. Betting experience isn't required if you bring strong models and a real understanding of sport.

Working hours: 5/2, usually without night shifts — unlike traders.

Market Demand: High demand and few candidates: the combination of statistics and sports expertise is rare.

Where to grow next

Senior Odds CompilerQuantitative LeadHead of TradingHead of Sportsbook

Live jobs: Odds Compiler

Sr Pricing AnalystSportradar · Munich, de on request Senior Quantitative AnalystGR8_TECH · Remote on request Data Engineer - Quantitative AnalysisBettingJobs · London, United Kingdom on request Matched Odds Betting SpecialistBettingJobs · Capetown, South Africa on request Sr Pricing AnalystSportradar · London, gb on request Senior Sports Quantitative AnalystSuperbet Group · United Kingdom on request
All jobs for this role →

FAQ

How does an Odds Compiler differ from a trader?

The Odds Compiler builds the model and the opening line; the trader manages it in real time and owns the risk on the book.

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