Betfair App / program

We require an app / program to be created which will monitor and automatically place bets on certain soccer markets on Betfair. Presumably this will be done via the Betfair API - but we will leave this choice up to the successful coder. ## Deliverables We would like the program to monitor the following markets (where they appear) on every soccer match that is due to take place within the next 24 hours: Asian Handicap Match Odds Over/Under 2.5 Goals Total Goals We have written a set of mathematical rules (based on available odds and stakes) which, when the conditions are met, will trigger a series of bets across two of the above markets. Specifically, we are seeking arbitrage opportunities between related markets. Our requirement is that when the available odds (which are brought in by the program refresh) trigger the placement of bets that these bets are placed immediately - this is to ensure that we have the maximum possible chance of getting all the individual bets fully matched. Note that we will only request odds and stakes that are available on the board. We require the program to check on the next refresh if both bets have been matched in full. If one of the bets have not been matched in full then the odds will need to be adjusted such that we get the open bet matched in full as quickly as possible. We may have more than one bet in any market. Indeed where a specific market results in the bet triggers being fired more than once we wish for all of the bets to be placed. We will require the ability to set a maximum possible win / loss per market, and once this threshold has been reached then no further bets are to be placed on that market. The app / program is to be fully automated, in somuchas the relevant markets are automatically monitored and bets are placed in those markets as soon as the bet triggers are fired. At this time we are not sure of what the most efficient refresh rate will be, however we will decide on this refresh rate in conjunction with the successful coder. We require the arbitrage threshold at which we wish to trigger bets to be a variable that we can change at any time. To expand on this, a 100% book would mean that the book is totaly efficient and thus we have no advantage and a 99% book would mean that we have a theoretical profit of 1% on stakes. In this variable we will specify at what level we wish to trigger bet placement at (i.e. 97% or 96.3%), however the variable must be able to be set at greater than 100% for testing purposes. We also require a log of placed / matched bets as well as a log of our available balance after each bet has been placed, as this will allow us to see how much of our betting bank is tied up at any point in time.