The program needs to monitor the lay price of the horses in the race and if the lay price is to drift out by 10 ticks for example(the amount of ticks needs to be able to be adjusted by end user) it will place a lay bet on those selections. Once the race is under way, it will continue to monitor the selections which have an active lay bet placed on them and if their back price is to shorten by a certain number of ticks it will place a bet equal to the amount of the original bet but on the back side of the ledger.
Put basically, it will be acting as an automated stop loss and also placing the initial bets based on the movement in the market.
## Deliverables
The solution needs to have the ability for the end user to change certain variables E.g the amount of ticks a price moves and how much to wager. Also the amount of the bet needs to be able to be changed by the end user. This project would be best suited to someone is familiar with programming or using excel for triggered bets on betting exchanges.
The program needs to monitor the lay price of the horses in the race and if the lay price is to drift out by 10 ticks for example(the amount of ticks needs to be able to be adjusted by end user) it will place a lay bet on those selections. Once the race is under way, it will continue to monitor the selections which have an active lay bet placed on them and if their back price is to shorten by a certain number of ticks it will place a bet equal to the amount of the original bet but on the back side of the ledger.
Put basically, it will be acting as an automated stop loss and also placing the initial bets based on the movement in the market.