Mathematician - Sportsbook Quants Team

Praha 2, CZ, 120 00

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About our company

Fortuna has become an established brand among customers within just a few years. We became a proud international Family of companies carrying Fortuna Entertainment Group from the first betting shop.

We want to go further and be known for having the best tech department offering our employees the usage of modern technologies, and being part of many exciting projects. Our new home is the remarkable Churchill II building which has a view of Prague.

Every detail underlines the company's corporate culture and represents our values. The workplace layout is 100% ecological, providing ideal conditions for everyday work. We all work as one team and treat each other with respect, openness, a sense of honor and respect for individual and cultural differences.

Hey there!

We're Fortuna Entertainment Group, and we’re excited to share why we’re a team worth joining.

Who We Are?

Founded in 1990, FEG is a top player in the betting and gaming industry. We proudly serve millions of customers across five European countries – Czech Republic, Slovakia, Poland, Romania, and Croatia – with our Business Intelligence operations based in India.

Why Join Us?

You’ll be part of a team that embraces bold ideas and delivers on its promises. We’re committed to providing exceptional betting and gaming experiences tailored to our customers’ needs, bringing fun and games to them. We also know that behind these experiences is a great team, which is why we invest in and value each of our colleagues.

Where We Work? 

Our vibrant Prague office, located in the modern Churchill II building, is where work meets fun! Enjoy perks like our very own barista, 24/7 company gym, a game room, and a relaxed atmosphere where colleagues are as friendly as they are skilled.

Current Opportunity:

We are seeking a Mathematician to join our Sportsbook Quants team to develop statistical models and algorithms for sports betting and provide mathematical support across all FEG markets. The new team member will contribute to improving our current betting and offer platform, enhancing the competitiveness of the sportsbook product in all FEG markets, and supporting product differentiation that drives revenue and profit growth

What You’ll Be Doing:

As a Mathematician in our Quant team, you will work closely with Bookmakers, Product Managers, Risk Management specialists, and Developers to design, test, and improve the models that power our betting markets. Your responsibilities will include, but are not limited to:

  • Designing and developing statistical models and algorithms for sports betting applications, including odds calculation, implementation, and evaluation
  • Adapting and improving existing mathematical models to meet the specific needs of FEG markets
  • Conducting rigorous testing and analysis to continuously refine our odds and pricing strategies
  • Data mining of historical sports data for analytical and modeling purposes
  • Validating and configuring models to ensure reliability and optimal performance
  • Providing mathematical expertise and support across all FEG markets
  • Performing ad hoc analyses to support our strategic initiatives
  • Sharing insights and outcomes of your work while providing operational support across teams

What We’re Looking For:

  • Degree in Mathematics, Statistics, Data Science, or a related field (students on the last year of their studies are also welcome)
  • Mathematical mind. Strong analytical mindset with attention to detail. Proactive and a team player (cooperating with other teams and having a curious mindset)
  • English language (Intermediate), Czech/Slovak language would be an advantage
  • Solid understanding of probability theory, combinatorics, and their practical applications
  • Strong background in statistical methods, such as regression analysis; familiarity with simulation techniques (e.g., Monte Carlo, bootstrap) is a plus
  • Hands-on experience conducting statistical and data-driven analyses
  • Knowledge of at least one programming language, ideally R or Python
  • Familiarity with SQL is a plus
  • Knowledge of the global sports betting environment is a plus

Why You’ll Love It Here:

Beyond our incredible office space, joining our team means enjoying a range of benefits:

  • An annual bonus
  • Five weeks of holiday
  • Flexible working hours and home office
  • An individual career development plan
  • Meal allowance and access to the Cafeteria Benefit System (contribution for sports, culture, travel, and health)
  • Exclusive offers and discounts from our partners (Dr. Max, Datart, Skoda Auto among others)
  • Exciting employee events, including tickets to sports events, well-being programs, and internal activities.
  • Employee Referral Program
  • Award-winning offices located in the heart of Prague, fruit days, an in-house barista, a 24/7 company gym, a game room, and a relaxed atmosphere.
  • International Environment and exposure to cutting-edge projects

If this sounds like your kind of place, let us know by applying! We can’t wait to hear from you.

Offices at FEG