Horse Racing Trader (specialist)
Johannesburg, GP, ZA, South Africa
Job Description
Role Overview:
As a Horse Racing Trader, you will be responsible for pricing, risk management, and live
trading of global horse racing markets with a focus on accuracy, competitiveness, and
profitability. The ideal candidate pairs a mathematical mindset with deep knowledge of
horse racing dynamics, market interactions, and customer behaviour.
Key Responsibilities:
Compile and manage pre-race and in-play odds for domestic and major
international horse racing
Monitor market movements, betting volumes, and risk exposures Adjust prices in real time to balance customer action and maintain desired
margin levels
Work with the Head of Trading and tech teams to evolve horse racing product
and model accuracy
Analyse large datasets to understand trends, evaluate customer behaviour, and
fine-tune strategies
Stay up to date with racing news, form, and regulations to support accurate
bookmaking
Ensure compliance with internal procedures and regulatory frameworks
Required Attributes:
Significant experience in horse racing trading or related risk/pricing roles Strong understanding of the betting industry, horse racing structures, and
customer psychology
Advanced numeracy, logical thinking, and ability to work with large data sets Calm under pressure and responsible for critical, high-liability decisions * Proficient in trading tools and comfortable with performance reporting
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Job Detail
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Job IdJD1571529
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationJohannesburg, GP, ZA, South Africa
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EducationNot mentioned