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Caspian Tech QSC

iGaming Game Mathematician

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Purpose

  • This document outlines the preferred qualifications, skills, experience, and assessment criteria for hiring a Game Mathematician for an iGaming studio developing slot games, instant-win games, crash games, lotteries, and other RNG-based products.

Educational Background

  • Preferred degrees: Mathematics, Statistics, Applied Mathematics, Physics, Actuarial Science, Computer Science, Data Science, or a related quantitative discipline. Master's degree is preferred but not mandatory.

Core Mathematical Competencies

  • Probability theory and combinatorics
  • Statistical analysis and hypothesis testing
  • Random number generation concepts
  • Expected value calculations
  • RTP (Return to Player) design and verification
  • Hit frequency calculations
  • Volatility and risk modeling
  • Monte Carlo simulation techniques
  • Markov chains (advantageous)

Technical Skills

  • Advanced Microsoft Excel or Google Sheets
  • Python preferred (NumPy, Pandas, simulation libraries)
  • R, C#, C++, or Java considered a plus
  • Ability to build simulation models and analytical tools
  • Experience validating large simulation datasets

Industry Experience

Ideal candidates should have experience in one or more of the following areas:

  • Slot game mathematics
  • Crash game mathematics
  • Lottery or instant-win products
  • Sports betting risk or trading models
  • Quantitative game design
  • Casino game certification support

Preferred Knowledge

  • RTP certification processes
  • Regulatory requirements in major jurisdictions
  • Game balancing methodologies
  • Player behavior analytics
  • KPI analysis and game performance optimization

Key Responsibilities

  • Design and maintain mathematical models for games
  • Define RTP configurations and pay tables
  • Model volatility, hit frequency, and player experience
  • Run and validate Monte Carlo simulations
  • Work closely with producers, designers, and developers
  • Support certification and compliance processes

Interview Assessment Recommendations

Candidates should be able to:

  • Design a slot game targeting a specific RTP and volatility profile
  • Explain RTP, hit frequency, and volatility differences
  • Build or explain a Monte Carlo simulation approach
  • Interpret simulation outputs and identify anomalies
  • Discuss trade-offs between entertainment value and mathematical risk

Ideal Candidate Profile

  • A strong hire is typically a quantitative professional with solid probability and statistics knowledge, excellent spreadsheet and Python skills, and prior experience designing or analyzing real-money gaming products. Practical experience shipping games is generally more valuable than pure academic credentials.

If you believe your qualifications and experience align with the requirements of this position, we invite you to submit your CV to the e-mail address in the Apply for job button.

Please indicate the position title "iGaming Game Mathematician" in the subject line of your email. Only shortlisted candidates will be contacted for the next stage of the selection process.

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