Develop an online commercial, real time sports arbitrage application,
Knowledge of and experience with sports arbitrage is important, because you will need to obtain the bookmarker links and account setup info.
Arbalarm, Rebel Betting and arbitragepro are the best software for comparison.
The difference will be that our software will be hosted and not the downloaded software. It will be directly accessed by the end user to obtain the arbitrage "lines". Therefore any computer can access ours. However I would like the option of a downloaded version also.
The display must be user-friendly.
Clear, efficient programming is essential.
Subscriptions at different levels will be offered: e.g., 1) 5 day free trial, 2) Arbs below say 0.6% will only be displayed after 5 day trial until a subscription is paid for, or 3) options for monthly, quarterly and annual. The bookmaker database will be separate and distinct from the member database.
The arbitrage concept entails finding bookmakers who offer opposite odds on the same event, and placing bets with 2 or more such bookmakers, so that you make money no matter who wins the event.
Must Be Able To:
Collect data from a minimum of 80 bookmakers.
Filter arbs by percentage and bookmakers.
Locate the game on the bookmaker site. The client should not have to find it.
Place the bet automatically and have a confirmation box for the trader to accept.
Store client bookmaker login details and automatically log in to the matched bookmakers at the same time.
Calculate any commissions the bookmakers take.
Keep a running total of each bookmaker account: balances, trades placed etc.
Must have an Arb calculator
The application, therefore, must make these calculations, and present the info to the user.
The software calculations must consider the bookmakers realtime odds, the minimum bet each bookmaker will take, the maximum bet the bookmaker will take, bookmaker fees, and present the minimum (total) bet that may be placed with each bookmarker to receive some calculated amount in return. Estimated fees should also be shown, before a final total and percentage return is displayed.
This application will need extensive testing before final release to the public. Therefore a number of clients will be offered a Beta test, in return for their feedback. You will be expected to tweak the beta release as needed to respond to bug reports. The project will not be considered finished until it is bug free to the best of our knowledge.
If possible I would like to work out an arrangement with you being that you will collect the subscriptions until your bid is paid for. I will not collect any funds until you are paid in full. Open for further discussion or terms.