Horse Racing Trader

3 days ago


Johannesburg, Gauteng, South Africa Blueion Support Services Full time R60 000 - R120 000 per year
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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