zhonskate/arbitrage-betting

Arbitrage betting

This is a simple script to explore the idea of arbitrage betting.

How to use it

• 1. Clone the repo.
• 2. Go to the odds api and get your api key. You should save it in a file in the root directory called key.txt. It'll look like this:

  ├── README.md
  ├── key.txt
  └── parser.py
  

• 3. Run python parser.py.

Configuration options.

Settings

There are some configuration options in parser.py:

• verbosity: Level of detail the log will show. 0 (show arbitrable matches above threshold) and 1 (show all arbitrable matches) are the ones reccomended for normal uses. The other ones have more of a debug purpose.

• threshold: Percentage of guaranteed earnings you want to show at verbosity 0.

• bet size: Amount to bet in order to see the returns.

You can also change the region of the betting houses. Changing markets or odds_format will break the application.

Matches

The program will try to get all the head to head matches for all the sports in the api. Each sport will be saved to a file (<SPORT_NAME>.json) in the jsons folder. If a sport file is present in the folder, the program won't fetch the odds from the api and will use the existing file. In order to get fresh odds you need to delete the files you want to refresh.

Some example use cases will be:

• 1.- Refresh the whole list. You'll delete the jsons folder in this case and all sports will be re-fetched.

• 2.- Polling La liga. You'll delete jsons/soccer_spain_la_liga.json and re-run the program. This will use just one API call for each refresh.