By Colin Magee
The earlier decade has visible a technological revolution in amenities for having a bet on horseracing and different activities. From the proliferation of on-line info to the arrival of making a bet exchanges, it really is now attainable to research shape and having a bet odds; run choice platforms; position bets and tune effects electronically. this present day, the prime having a bet alternate, Betfair, fits 15 instances as many day-by-day transactions because the London inventory alternate. Crucially, the provision of programmatic entry to interchange markets through an program programming interface (API), allows the ultimate piece in trustworthy automation of the complete having a bet strategy. computerized trade making a bet examines each one level of the making a bet technique and indicates the way it might be computerized, with quite a few examples utilized to horseracing, all applied utilizing the Betfair API. making a bet options, top perform and pitfalls are awarded which illustrate the innovations of having a bet automation, including functional, re-useable code examples written in open resource software program to paintings with Betfair's loose entry API. The ebook indicates how automating having a bet concepts not just saves time, yet introduces a completely new paradigm for having a bet. a mixture of velocity of execution, consistency, and scalability capability hitherto most unlikely having a bet ideas develop into possible, and methodical techniques to having a bet will be applied with out handbook intervention.
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Extra info for Automatic Exchange Betting: Automating The Betting Process From Strategy to Execution
In this sense, Windows and Linux come from different design perspectives, both making different assumptions about the way home users wish to interact with computers, for different use cases. The emphasis in Windows is creating out of the box applications with emphasis on interaction through the GUI, whereas coming from UNIX, Linux is about reliability, control through the command line and enabling multi-user production systems with security built in. For the automatic bettor who wants to focus on optimising their betting strategy, automation via the OS should “just work”, rather than spending time ensuring the appropriate Windows virus software is up to date, for example.
The set up is focussed on the requirements necessary to run the type of strategies and examples in this book, where the emphasis is on complete rather than partial automation or running third party applications, putting control of the process entirely in the hands of the bettor’s programs. Using this set up, almost any modern PC can be repurposed as a betting machine, dedicated to running betting strategies which are proprietary to its owner. In terms of software, we focus on widely used, powerful, freely available and well documented open source software tools, where many texts also exist for the beginner.
We look further at this process after running live oddsline strategies in Part 3. Generating an automated oddsline is therefore a useful starting point for our implementation examples – since using betting systems, and other strategies can be seen as a subset of the implementation tasks that have to be set up for any betting strategy using an oddsline. We use the oddsline as the basis of our example automated strategy for the framework in Part 2, and run live automated betting strategies based upon oddslines in Part 3.
Automatic Exchange Betting: Automating The Betting Process From Strategy to Execution by Colin Magee