Published on: December 26, 2025, at 11:29 AM.
Updated on: December 26, 2025, at 11:32 AM.
- The quant trader will join the market-making team of a prediction market operator, leading to speculation about potential trades against retail customers.
- This trader’s role will focus on “maximizing profits” while effectively managing associated risks.
- Recently, Crypto.com implemented a three-second delay on sports trades executed by retail participants.
Crypto.com is seeking to recruit a quantitative (quant) sports trader who might take the opposite side of bets made by retail participants within the prediction market.
While the cryptocurrency broker and prediction market operator has not explicitly stated that the quant trader will directly counter customer bets on the platform, the role’s responsibilities suggest otherwise. This trader will collaborate with the company’s internal market maker and will be assigned to make “trades across various markets, responding to fluctuations in live odds, news developments, and betting activities,” as highlighted in a LinkedIn job listing.
A Sports Prediction Market Trader merges data analytics, financial acumen, and a keen interest in sports,” the hiring entity remarked in its job description. “This position encompasses market-making in sports prediction contracts and overseeing risk within sports betting markets. The trader’s goal is to use their expertise in both sports and market dynamics to enhance profitability while judiciously managing risks.”
Kalshi features its own internal market maker, while Polymarket is seeking to establish a similar team, spurring criticism that these companies are capitalizing on enthusiastic retail sports bettors rather than serving as neutral platforms, which was initially a key selling point for yes/no exchanges.
Challenges for Retail Sports Bettors at Crypto.com
It’s yet to be determined whether the quantitative trader and Crypto.com’s market-making practices will complicate the experience for retail sports bettors. However, indications suggest that the prediction market may lean towards the interests of professional clients over retail traders.
Crypto.com has recently introduced a three-second delay on sports contracts bought after the event commences, a rule that doesn’t extend to institutional market players. In fact, the platform explicitly notes that this delay applies solely to “trading members,” excluding trades executed by market makers. For bettors lacking the technological tools equivalent to those used by professional traders, three seconds can feel like a significant disadvantage.
Technology plays an essential role for quant traders. These market players rely on algorithms, sophisticated mathematical and statistical frameworks, and software tools to inform their trading strategies. Possessing skills in Python along with a computer science background may provide candidates with a competitive edge in securing the position at Crypto.com.
Regulators recognize that prediction markets utilize both internal and external market makers to enhance liquidity, yet many average traders may be unaware that seasoned professionals could be hindering their chances of achieving profitability.
Intense Competition for the Crypto.com Quant Trader Position
The job listing on LinkedIn has attracted over 100 applicants as of late December 25, likely due to a starting salary range between $120,000 and $180,000. Crypto.com is in search of a candidate with “5+ years of proven experience in profitable sports prediction trading at a reputable trading desk in a bank, proprietary trading firm, or market-making company.”
Crypto.com, recognized as an early innovator in sports event contracts, collaborates with partners such as Fanatics, Hollywood.com, and Trump Media and Technology Group (NASDAQ: DJT).
Due to ongoing legal challenges, Crypto.com has recently ceased offering sports event contracts in states including Arizona, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, and Ohio.