Hi everyone, I'm trying to branch out a little, as my skill set reflects my income.
What I'm considering doing is attempting to develop a tool, much like oddschecker or oddsportal, to scan and compare odds in realtime for all the books available to me. Probably ridiculously ambitious, but i figure a project that is very difficult is as good a way to try develop a new coding skill as any other way to develop that skill. I'm guessing Python might be my go to here? Any advice appreciated, including 'quit'. but for some reason I'm still struggling to absorb that message
Thanks guys
Developing a tool to scan odds from various sites
- mrJustice
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Re: Developing a tool to scan odds from various sites
You have to ask yourself this - are you ready to work long hours for about 1 year without getting paid anything. Because it will probably take you about 1 year to build decent alert service/odds comparison software. That's exactly how much time it took me to build my own custom alert service (well to be fair my project also included automated betting, so that also took some time). The commitment and cost is pretty big. You might think that there is no cost for you because you are the programmer and don't have to pay anyone but you have to think about opportunity cost. Say instead of working on my project full time I worked somewhere as programmer, making about $2000-$3000 per month. So the real cost for me was about $24000-$36000 to build it. Do you still want to build it now? If the answer is yes the go for it
- Skaggerak
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Very good chance I'll fail, and before I even begin, but a lesson learned is a lesson ah i don't know
Re: Developing a tool to scan odds from various sites
The opportunity cost is not much for me as I won't be doing anything else more productive, I'm probably already deep into the sunk cost fallacy with this business regardlessmrJustice wrote: You have to ask yourself this - are you ready to work long hours for about 1 year without getting paid anything. Because it will probably take you about 1 year to build decent alert service/odds comparison software. That's exactly how much time it took me to build my own custom alert service (well to be fair my project also included automated betting, so that also took some time). The commitment and cost is pretty big. You might think that there is no cost for you because you are the programmer and don't have to pay anyone but you have to think about opportunity cost. Say instead of working on my project full time I worked somewhere as programmer, making about $2000-$3000 per month. So the real cost for me was about $24000-$36000 to build it. Do you still want to build it now? If the answer is yes the go for it
Very good chance I'll fail, and before I even begin, but a lesson learned is a lesson ah i don't know
- Camma23
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- Karma: 15
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Re: Developing a tool to scan odds from various sites
Hi mr, what tool did you build for you ? what it does?mrJustice wrote: You have to ask yourself this - are you ready to work long hours for about 1 year without getting paid anything. Because it will probably take you about 1 year to build decent alert service/odds comparison software. That's exactly how much time it took me to build my own custom alert service (well to be fair my project also included automated betting, so that also took some time). The commitment and cost is pretty big. You might think that there is no cost for you because you are the programmer and don't have to pay anyone but you have to think about opportunity cost. Say instead of working on my project full time I worked somewhere as programmer, making about $2000-$3000 per month. So the real cost for me was about $24000-$36000 to build it. Do you still want to build it now? If the answer is yes the go for it
- risilloch
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Re: Developing a tool to scan odds from various sites
mrJustice is correct in that it is time consuming and you will encounter barriers on the way.
But if you aren't doing anything else with your time then why wouldn't you make an attempt and find out if you can do it.
Better to have loved and lost than to spend your whole life wanking
Just saying. No offence intended.
But if you aren't doing anything else with your time then why wouldn't you make an attempt and find out if you can do it.
Better to have loved and lost than to spend your whole life wanking
Just saying. No offence intended.
- VidaBlue
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Re: Developing a tool to scan odds from various sites
@Skaggerak
It is difficult to tell whether your project is a waste of time not knowing your purpose, although it is always useful to learn something new. If it is only for own purpose and not for distribution, you have the privilege tailoring it for your exact needs. There's always the risk of overdoing things just because you can. For instance: do you really need real-time or should you just scan the sites when YOU need the odds? I imagine that you will encounter challenges dodging the sites' antiscraping mecanisms if you scan them 24/7.
I had some sparetime last summer and made an esport scanner for a selection of books, because no service offers those odds. It is still useful, but it only scans when I push the button, when I need it, and it is not prepared for distribution or I would have to implement time-consuming error handling mecanisms since it fails regularly due to all kinds of unpredictable reasons.
It is difficult to tell whether your project is a waste of time not knowing your purpose, although it is always useful to learn something new. If it is only for own purpose and not for distribution, you have the privilege tailoring it for your exact needs. There's always the risk of overdoing things just because you can. For instance: do you really need real-time or should you just scan the sites when YOU need the odds? I imagine that you will encounter challenges dodging the sites' antiscraping mecanisms if you scan them 24/7.
I had some sparetime last summer and made an esport scanner for a selection of books, because no service offers those odds. It is still useful, but it only scans when I push the button, when I need it, and it is not prepared for distribution or I would have to implement time-consuming error handling mecanisms since it fails regularly due to all kinds of unpredictable reasons.
- mrJustice
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- Karma: 5
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I was fed up with low quality service from mainstream alert services and did not want to spend many hours in front of a screen placing bets manually so I decided to build my own tools. I do only inplay value betting because prematch gets me limited way too fast.
Re: Developing a tool to scan odds from various sites
My project consists of 3 parts. First, my crawlers scan live events and compare soft bookie odds with Pinnacle odds to find value bets. Second, it sends value bets data to bots via API for automatic bets placement. Finally, once bot places bet it sends data to my website to save it for analytics and profitability tracking purposes.Camma23 wrote:Hi mr, what tool did you build for you ? what it does?mrJustice wrote: You have to ask yourself this - are you ready to work long hours for about 1 year without getting paid anything. Because it will probably take you about 1 year to build decent alert service/odds comparison software. That's exactly how much time it took me to build my own custom alert service (well to be fair my project also included automated betting, so that also took some time). The commitment and cost is pretty big. You might think that there is no cost for you because you are the programmer and don't have to pay anyone but you have to think about opportunity cost. Say instead of working on my project full time I worked somewhere as programmer, making about $2000-$3000 per month. So the real cost for me was about $24000-$36000 to build it. Do you still want to build it now? If the answer is yes the go for it
I was fed up with low quality service from mainstream alert services and did not want to spend many hours in front of a screen placing bets manually so I decided to build my own tools. I do only inplay value betting because prematch gets me limited way too fast.
- Camma23
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- Karma: 15
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Re: Developing a tool to scan odds from various sites
Very interesting. I’d be interested in your work, can you write me in pvt?mrJustice wrote:My project consists of 3 parts. First, my crawlers scan live events and compare soft bookie odds with Pinnacle odds to find value bets. Second, it sends value bets data to bots via API for automatic bets placement. Finally, once bot places bet it sends data to my website to save it for analytics and profitability tracking purposes.Camma23 wrote:Hi mr, what tool did you build for you ? what it does?mrJustice wrote: You have to ask yourself this - are you ready to work long hours for about 1 year without getting paid anything. Because it will probably take you about 1 year to build decent alert service/odds comparison software. That's exactly how much time it took me to build my own custom alert service (well to be fair my project also included automated betting, so that also took some time). The commitment and cost is pretty big. You might think that there is no cost for you because you are the programmer and don't have to pay anyone but you have to think about opportunity cost. Say instead of working on my project full time I worked somewhere as programmer, making about $2000-$3000 per month. So the real cost for me was about $24000-$36000 to build it. Do you still want to build it now? If the answer is yes the go for it
I was fed up with low quality service from mainstream alert services and did not want to spend many hours in front of a screen placing bets manually so I decided to build my own tools. I do only inplay value betting because prematch gets me limited way too fast.
- mrJustice
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Re: Developing a tool to scan odds from various sites
So far as I know private messages are not allowed on this forum. So you would have to ask admin if it is okay for him to arrange it.Camma23 wrote:Very interesting. I’d be interested in your work, can you write me in pvt?mrJustice wrote:My project consists of 3 parts. First, my crawlers scan live events and compare soft bookie odds with Pinnacle odds to find value bets. Second, it sends value bets data to bots via API for automatic bets placement. Finally, once bot places bet it sends data to my website to save it for analytics and profitability tracking purposes.Camma23 wrote: Hi mr, what tool did you build for you ? what it does?
I was fed up with low quality service from mainstream alert services and did not want to spend many hours in front of a screen placing bets manually so I decided to build my own tools. I do only inplay value betting because prematch gets me limited way too fast.
- CharlieSheen99
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- mrJustice
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Re: Developing a tool to scan odds from various sites
If the question is referred to me then yes I still run bot projects
- CharlieSheen99
- Pro
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This bot projects still requiring Pinnacle live odds?
As far as i know, their API costs 6k/monthly, and if you don't pay it out, you have a delay.
Of course, you can sign in, and read the odds, but most probably you will get banned soon or later.
Re: Developing a tool to scan odds from various sites
Yes, it was referred to you.
This bot projects still requiring Pinnacle live odds?
As far as i know, their API costs 6k/monthly, and if you don't pay it out, you have a delay.
Of course, you can sign in, and read the odds, but most probably you will get banned soon or later.
- robert dreyfus
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Re: Developing a tool to scan odds from various sites
This takes me back, to 2003 in fact, when people were trying to get arbs on at betfair before anyone else.
My friend, let me tell you one truth. I have been making over £100 per day, every day, since 2003 by placing arbs manually in UK markets. Sometimes I make over £1000 per day, but never less than £100. Know what market to look at, at when to look at it, and you'll never get banned.
Never get greedy, if you want to make more than £200-250k a year, then learn about candlesticks and hotkeys and go into day trading
I know BeautifulSoup, Requests and Selenium inside out, but can tell you that your antics will get shut down in one week no matter the precautions you take and no matter which sportsbooks and exchanges you target. Amazingly also, I regularly find arbs at 50% of back stake manually, sometimes over 100%!, but have never been able to find much more than 30% with an automated approach because the software simply cannot poll all the markets fast enough.
Be smart, do it manually, spend the time that you save not starting main.py in finding finding your own sweet spots.
My friend, let me tell you one truth. I have been making over £100 per day, every day, since 2003 by placing arbs manually in UK markets. Sometimes I make over £1000 per day, but never less than £100. Know what market to look at, at when to look at it, and you'll never get banned.
Never get greedy, if you want to make more than £200-250k a year, then learn about candlesticks and hotkeys and go into day trading
I know BeautifulSoup, Requests and Selenium inside out, but can tell you that your antics will get shut down in one week no matter the precautions you take and no matter which sportsbooks and exchanges you target. Amazingly also, I regularly find arbs at 50% of back stake manually, sometimes over 100%!, but have never been able to find much more than 30% with an automated approach because the software simply cannot poll all the markets fast enough.
Be smart, do it manually, spend the time that you save not starting main.py in finding finding your own sweet spots.
- GNMbg
- Has experience
- Karma: 4
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Re: Developing a tool to scan odds from various sites
how come bookies dont limit you? you probably use pretty big stakes ?robert dreyfus wrote: ↑Sat Sep 30, 2023 5:33 pmThis takes me back, to 2003 in fact, when people were trying to get arbs on at betfair before anyone else.
My friend, let me tell you one truth. I have been making over £100 per day, every day, since 2003 by placing arbs manually in UK markets. Sometimes I make over £1000 per day, but never less than £100. Know what market to look at, at when to look at it, and you'll never get banned.
Never get greedy, if you want to make more than £200-250k a year, then learn about candlesticks and hotkeys and go into day trading
I know BeautifulSoup, Requests and Selenium inside out, but can tell you that your antics will get shut down in one week no matter the precautions you take and no matter which sportsbooks and exchanges you target. Amazingly also, I regularly find arbs at 50% of back stake manually, sometimes over 100%!, but have never been able to find much more than 30% with an automated approach because the software simply cannot poll all the markets fast enough.
Be smart, do it manually, spend the time that you save not starting main.py in finding finding your own sweet spots.
- Dean
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- Karma: 4
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Re: Developing a tool to scan odds from various sites
Do you arbitrate live or before the match?robert dreyfus wrote: ↑Sat Sep 30, 2023 5:33 pmThis takes me back, to 2003 in fact, when people were trying to get arbs on at betfair before anyone else.
My friend, let me tell you one truth. I have been making over £100 per day, every day, since 2003 by placing arbs manually in UK markets. Sometimes I make over £1000 per day, but never less than £100. Know what market to look at, at when to look at it, and you'll never get banned.
Never get greedy, if you want to make more than £200-250k a year, then learn about candlesticks and hotkeys and go into day trading
I know BeautifulSoup, Requests and Selenium inside out, but can tell you that your antics will get shut down in one week no matter the precautions you take and no matter which sportsbooks and exchanges you target. Amazingly also, I regularly find arbs at 50% of back stake manually, sometimes over 100%!, but have never been able to find much more than 30% with an automated approach because the software simply cannot poll all the markets fast enough.
Be smart, do it manually, spend the time that you save not starting main.py in finding finding your own sweet spots.