Build a sporting event betting bot

Job ID: 36645243

Budget: £5,000 – £10,000 GBP

Hi,

I am looking to work with a developer to create a bot capable of scraping odds data from 17 bookmakers and, based on pre-defined betting strategies, placing multiple opportune bets simultaneously. Key elements of this will be accurate mathematical calculations (defined by me, but appropriately developed by you) and speed (as the process will need to take place within seconds as opposed to minutes, and is all executed in real-time on live sporting events).

As a developer, you will be responsible for designing and implementing the bot to my specific requirements.

There's a few further intricacies on top of that, such as choice of bet, bookmaker, stake boundaries, flags for manual intervention etc.

There are some aspects to be defined such as whether it’s a run on a server/locally; whether it should be an extension, desktop program; how the data is captured etc.

I will share the full spec at a later stage.

Responsibilities:
- Develop a robust and efficient bot capable of scanning real-time sporting events from a variety of bookmakers.
- Scrape odds data from bookmakers sites and process accordingly.
- Implement algorithms and strategies to identify appropriate opportunities and execute bets automatically in such moments.
- Implement risk managements mechanisms to mitigate potential losses and ensure the stability of the bot’s operations.
- Conduct thorough testing and debugging to identify and resolve any issues or bugs in the system.

Requirements:
- Proven experience as a developer with a strong understanding of programming languages and frameworks.
- Familiarity with sports betting and understanding of bookmakers’ odds and markets.
- Solid understanding of web scraping/API use and working with real-time data.
- Strong analytical and problem-solving skills with the ability to develop complex algorithms and strategies.
- Be responsible. This is a collaboration and it’s important that is the dynamic from the off.

Payment:
If you’ve made the bot to specification and it doesn’t work, i.e. the opportunities to make money do not occur because of my theories, I will pay you an appropriate fee for your efforts.

I'm convinced that won't be the case, so instead of paying a set amount for the project, I’m willing to pay you £1k on completion and 20% of the profits every week. I'm not expecting any set work for that 20%. I'd like to think that's enough for you to prioritise fixing anything that goes wrong when it's up and running as it's something you have a vested interest in. It should never be anything like full-time hours once it's complete, it should be ad-hoc adjustments which will require you to be an amount of responsive. Theoretically if it's well made in the first place, there will be even less requirements for adjustments after. Please consider if that's something that could work for schedule/ambitions/working style.

How much will it make when it's working?
Anywhere from £1 to £10 an hour an average.
Worst case scenario: if the scraping is clunky/using inadequate servers/there's a requirement for API’s/issues with placing the bets thus needing manual intervention etc.
Best case scenario: basically none of the problems previously mentioned + this is a well coded, you've remained engaged with the project and created an efficient piece of software (that could have flexibility to add further markets or bookmakers).

If all goes to plan, and we can successfully mitigate external factors, you could be earning £17,000+ a year within a year for just having to maintain some software you've built. And if you know you can make bug-free reliable software, you're onto a winner.

Furthermore, for every year you stay connected to the project, I will increase your pay-out amount by 2%, up to a 50/50 split.

So if you think you've genuinely got the skills and desire to make this your piece de resistance software and are ready to do something a little different that excites you, please do get in touch and let's make some money!