We are seeking an individual with experience in designing and implementing trading algorithms for the Betfair exchange or other relevant trading platform.
Our project has involved data collection and analysis over a seven month period. In this time we have identified trends and simulated profitable strategies for the UK Horse Racing markets. We are now looking for algorithm expertise to improve our bet execution via the Betfair API :-
(1) First and foremost, our priority is to obtain the highest odds possible for the horses we wanting to Back
(2) The algorithm needs to reduce (and ideally eliminate) unmatched bets
(3) We have a desired fixed stake per horse, which we want to maintain as accurately as possible
(4) To improve execution, the algorithm should make estimations as to which direction the market will move. Other techniques are encouraged.
Currently we are placing Back bets in the Win market. At the time of the bet, we are seeking to achieve odds as close to (or better)...