Arbusers

Hey guys, I wanted to ask you how hard is it to develop valuebetting bot from scratch and how much it could cost. I want it for 4 bookies to compare with pinnacle.

How hard it is? Well, as someone who has built one I can tell you that it is difficult and that it is priceless.

I mean, you could buy picks, but not the algorithm.
What bookies do you want against pinnacle?

puppet wrote: ↑

Sat Dec 10, 2022 11:26 pm

How hard it is? Well, as someone who has built one I can tell you that it is difficult and that it is priceless.

I mean, you could buy picks, but not the algorithm.
What bookies do you want against pinnacle?

still able to develop betting bots?

Paintedleg wrote: ↑

Sun Dec 04, 2022 5:28 pm

Hey guys, I wanted to ask you how hard is it to develop valuebetting bot from scratch and how much it could cost. I want it for 4 bookies to compare with pinnacle.

I've seen one of the betting services quote the cost of building something like this at about $50k min just to build (not maintain) but as a programmer who has built one for my personal use, this seems a bit high (they probably want to deter you from building your own/ just want you to use their service). It will depend on features you want the bot to have - e.g simple odds comparison, automatic execution, data tracking and storage etc


With programming something like this I don't think building it is the expensive part. Here are some additional costs that you may not expect but will likely cost more than building.
1) Pinnacle API - Pinnacle have very tight scraping control and as the backbone of your bot you will likely want this to be the most reliable part. My understanding is their API is prohibitively expensive for a lot of people ($1000 + per month) although I could be wrong.
2) Maintenance - Unless your programmer somehow gets backdoor access - your bot will likely need to be maintained. Every update to the site will throw it off and it will need be recalibrated. This means you will NEED to find someone you can work well with as the relationship will be long-term (and possibly expensive). It will be even more expensive if you need a new programmer as they will have to learn the code from scratch.
3) Server costs / IP switching - Servers are not 100% required but could be a good idea if you don't want to run the bot from a spare PC / risk IP locking. Servers can be really expensive too and depending on how long you intended to have this thing running could be in excess of $500 + per month. If your sites are fine with VPN use, you can use a standard VPN and force IP switching through the code although this will cause a few seconds of downtime (might not be a big deal for saving $500 a month)
4) Hardware - If you plan on running locally, you might incur hardware cost - just something to bare in mind

If controlling the code is not something that is important to you, I would suggest profit sharing (preferably on already built and maintained code) or paying for a service. Hope this helps.

Actually Pinnacle API costs $5000 per month if you want to use it for odds scanning

mrJustice wrote: ↑

Sat Mar 11, 2023 1:38 pm

Actually Pinnacle API costs $5000 per month if you want to use it for odds scanning

Question - for 5K/month - do you get the same, 1/5 seconds, pull based API, or do you get something fancier and faster?

mrJustice wrote: ↑

Sat Mar 11, 2023 1:38 pm

Actually Pinnacle API costs $5000 per month if you want to use it for odds scanning

There you go, I'll double down on the "prohibitively expensive"

ex-hft wrote: ↑

Sun Mar 12, 2023 9:44 pm

mrJustice wrote: ↑

Sat Mar 11, 2023 1:38 pm

Actually Pinnacle API costs $5000 per month if you want to use it for odds scanning

Question - for 5K/month - do you get the same, 1/5 seconds, pull based API, or do you get something fancier and faster?

you get the same 1 pull based request per 5 seconds but I think for most use cases 1 request in 5 sec is enough

mrJustice wrote: ↑

Mon Mar 13, 2023 1:16 pm

ex-hft wrote: ↑

Sun Mar 12, 2023 9:44 pm

mrJustice wrote: ↑

Sat Mar 11, 2023 1:38 pm

Actually Pinnacle API costs $5000 per month if you want to use it for odds scanning

Question - for 5K/month - do you get the same, 1/5 seconds, pull based API, or do you get something fancier and faster?

you get the same 1 pull based request per 5 seconds but I think for most use cases 1 request in 5 sec is enough

Thanks for that. It’s not bad of course, but once you get more professional about it, getting rid of the lag would be very helpful. For example, if you want to react on Betfair when Pinnacle prices change.

On Arbusers.com really exciting topics are discussed and intelligent and experienced men help each other by sharing experiences.

I pay respect to all who run this forum and fill it with content.

About the topic:

My knowledge may be a bit outdated. Maybe you know better.

1. As of 2019, Pinnacle was automatically banning bets placed via API in their GTCs.

So it could be in the case that they do not pay.

2. You could make it legal by placing, as far as soccer and the main bet types are concerned, through the API of bet brokers that include Pinnacle.

I know that for example Mollybet and QBO legally provide API for betting (as of 2019).

Questions:

Are there any other betbrokers or betbroker whitelabel that provide their API for betting?

Where are the implementation challenges if you have experience with it?

(I've been using Betfair.com API for a couple of years and have no hands-on experience with automated betting at Pinnacle and Asia bookmakers until now. This is supposed to be my next project because I am reaching growth limits at Betfair.)

Thanks in advance!

Geronimo wrote: ↑

Mon Apr 17, 2023 9:03 am

On Arbusers.com really exciting topics are discussed and intelligent and experienced men help each other by sharing experiences.

I pay respect to all who run this forum and fill it with content.

About the topic:

My knowledge may be a bit outdated. Maybe you know better.

1. As of 2019, Pinnacle was automatically banning bets placed via API in their GTCs.

So it could be in the case that they do not pay.

2. You could make it legal by placing, as far as soccer and the main bet types are concerned, through the API of bet brokers that include Pinnacle.

I know that for example Mollybet and QBO legally provide API for betting (as of 2019).

Questions:

Are there any other betbrokers or betbroker whitelabel that provide their API for betting?

Where are the implementation challenges if you have experience with it?

(I've been using Betfair.com API for a couple of years and have no hands-on experience with automated betting at Pinnacle and Asia bookmakers until now. This is supposed to be my next project because I am reaching growth limits at Betfair.)

Thanks in advance!

Hello @Geronimo all brokers/Molly whitelabels will provide their API (for a BIG monthly fee), about implementation costs biggest problem is Database/Team names harmonization because i dont know if you will bet only trought the API or with bosts in "not so sharp/fast" bookies.

Any case you can contact me and we can chat a bit about some of these things.

Regards
Moonbow

moonbow wrote: ↑

Tue Apr 18, 2023 5:44 am

Hello @Geronimo all brokers/Molly whitelabels will provide their API (for a BIG monthly fee), about implementation costs biggest problem is Database/Team names harmonization because i dont know if you will bet only trought the API or with bosts in "not so sharp/fast" bookies.

Any case you can contact me and we can chat a bit about some of these things.

Regards
Moonbow

Thx Moonbow

Have you received my PM? If not, please write one to me!

(Because I am not sure if admin arbusers restricted private messages on my account. In my postbox SENT I cant find my message to you.

Best regards

PM is not allowed in this forum!

Does anyone know what BetinAsia requires for pricing conditions for the Mollybet API provision?

(Mollybet sent me the API documentation and recommended BIA in the same email).