Backend Sports Betting
- Sports Betting Lines
- Backend Sports Betting App
- Backend Sports Betting Games
- Backend Sports Betting Odds
Penn Interactive (PI) is a real-money interactive gaming company headquartered in Philadelphia. As the digital arm to Penn National Gaming (NASDAQ: PENN), the largest regional casino operator in the U.S., we are poised for fast-paced growth in the sports betting and online casino space and are looking for a Sr Backend Engineer to join our expanding Sportsbook team!
Get the latest sports betting odds for NFL, MLB, NBA, NHL, NCAA football and NCAA basketball, including spread, money line and over/under. Covers Sports Betting Forum - All the NFL, MLB, NBA, NHL and College betting discussions from our massive community.
The Senior Backend Engineer will work on a small, cross-functional team to develop the backend and various APIs for a one-of-a-kind, native sports betting experience. Candidates for this role will work with multiple client teams to build a revolutionary sportsbook from the ground up. Previous work in the gaming industry is not important but we do expect your work-product will reflect a strong technical background and a dedication to concise, scalable code.
- Our sportsbook engages a portion of the world's online bets, powered by a legendary team with a combined 100+ years experience in the sportsbetting sector, and an unparalleled backend with an app licensed to ONLINE OPERATOR(S) in post-PASPA New Jersey. Sports Wagering Done Right!
- User Name: Password.
RESPONSIBILITIES:
- Demonstrate best-in-class programming skills to develop secure, tested, optimized, scalable code.
- Translate business requirements into code.
- Collaborate with designers, product managers, ops engineers, client engineers, QA engineers and various other teams and stakeholders to solve innovative problems utilizing out-of-the-box solutions.
- Communicate clearly and effectively using Github, Slack, Google Docs, JIRA, so as to keep all stakeholders in-the-loop regarding relevant issues.
- Interact thoughtfully and professionally with everyone including non-technical colleagues.
- Ability to work in a highly regulated environment and develop code according to regulatory requirements
QUALIFICATION REQUIREMENTS
- 5+ year’s experience building and maintaining backend systems and building and consuming APIs.
- Experience with Django/Flask/Python, or Golang.
- Experience with deploying code in Linux based environments such as Debian or Ubuntu
- Experience with Git or other distributed version control systems.
- Experience writing well tested code or experience with practices like TDD
- General computing knowledge — familiarity with the standard suite of Web Protocols (HTTP, TCP, etc.).
- Familiar with virtualization (ex. Docker, rkt)
Sports Betting Lines
BONUS POINTS
- BSc or MSc in Computer Science or another STEM field.
- Experience administering AWS Core Services (S3, SQS, EC2, ECS, etc.).
- Experience deploying code via Kubernetes
- A passion for sports or betting.
Penn Interactive is committed to helping our team live their best, healthy life. We offer unique and competitive benefits that help our employees, through a private exchange which allows our team members the ability to choose from several coverage levels and insurance carriers (both local and national carriers). Along with medical, prescription, dental, and vision coverage, there are also voluntary plans available to employees. PI also offers our employees office perks such as free catered lunches, snacks, and beverages in the offices.
In the world of sports betting, a money line bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a money line bet listed as “Money Line” or “ML” in different spaces.
Money lines are represented in negative and positive values.
Negative money line: -145, -220, or anything similar
When you see a minus (-) sign in front of a price, it shows you that team is the favorite to win the game.
That number also indicates how much money you need to bet/spend in order to win $100.
For example, a -220 money line means you need to bet $220 in order to win $100 provided the team you bet on actually does win.
Heavy favorites are known in sports betting as a “chalk” pick. A heavy favorite usually has a number pushing +300 or more. Here, you’re wagering a lot on the favorite to win a little. Don’t assume that a heavy favorite, or chalk pick, is a guaranteed winner…
Positive money line: +145, +220, or anything similar
When you see a plus (+) sign in front of a price, it shows you that team is the underdog. Higher numbers like +400, +500, +5000, etc. represent how much of an underdog the team is in the game. The higher the number the more likely the team is expected to lose in the eyes of the oddsmakers.
The number also indicates how much money would win in comparison to every $100 you wager.
For example, a +150 money line means you would win $150 for each $100 wager you place should that team win the game.
Money line examples:
Backend Sports Betting App
Lets use an NFL example here:
New England Patriots -240
Miami Dolphins +220
Backend Sports Betting Games
To bet the New England Patriots to win on the money line, you would need to spend $240 on the bet for a chance to win $100 if the Patriots beat the Dolphins. Your return would be $340 – the original $240 stake (bet) and the $100 bet profit.
To bet the Miami Dolphins to win on the money line, you would spend $100 on the bet for a chance to win $220 if the Dolphins, as the underdog, beat the Patriots. Your return would be $320 – the original $100 stake (bet) and the $220 profit.
Backend Sports Betting Odds
In both situations, it doesn’t matter if the team you bet on wins by one point or 100 points. You’re purely betting on the team you believe will win the game. As Al Davis said, “Just win, baby.” That’s exactly what you’d be looking for out of your selection. It doesn’t have to be pretty, it just has to happen or your original stake is lost.