Sports arbitrage software
We are looking for a programmer to be able to develop a stand alone application in the likes of Rebel Betting. This program on the server would pull live data from multiple online sportsbooks (bwin, bet365, 12bet, 188bet, sbobet, willhill, nordicbet, sportingbet, gamebookers) for football/soccer and field/Ice hockey BUT only for LIVE/In-Play matches. The software could compile all the data, and find the best available odds for each outcome on a match including cross market arbs. It would then calculate the total guaranteed win/loss if a bettor were to take both sides of the bet. If there would be a guaranteed profit, the match would be highlighted as an arbitrage opportunity. It is preferred to have an auto-surfing method to take you to the exact odds at the necessary bookmakers. The software program will then be used to select specific arbs to bet on. When the user selects a specific match, they can enter how much they wish to bet total, and the program will calculate how they should spread their money out over the two sportsbooks to maximize their profit/minimise their loss. They can also enter how much they wish to bet at one sportsbook, and it would calculate how much they should bet at the other sportsbooks to be sure to profit/lose the same amount no matter the outcome. We would like it to be a stand alone program, that can scan bookmakers websites for odd’s, without the need for a for an outside data source. The program needs to deliver the data in a user friendly form, informing of arbitrage situations in the market and allowing the user instant access to betting accounts, online banking and trade accounts and bookmakers sites. You should expect to look at a few other sports arbitrage programs possibly examples of GUI interfaces for ideas. As a bare minimum the software should have the same capability as the software from Rebel Betting and Oddstorm. Given that actual money will be transacted using this software it is imperative to ensure quality in the matching of bets and the identification of potential arbs.
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