Integrated betting software using Betting Exchanges (Betfair, Smarkets, BetDaq etc)

I am looking for someone to create an integrated betting software for the major Betting exchanges (Betfair, Smarkets, BetDaq and Matchbook).

All of the major exchanges have an API feed for live odds. Given that betting exchanges offer the ability to bet and lay (bet against) the same thing there is an opportunity to make guaranteed profit as the odds are never the same at all exchanges at once.

The concept is a program which will scan the live data of specified events on the exchanges, will search for criteria which enable a guaranteed profit and then execute the trades automatically to guarantee profit. We will provide the requisite criteria.

There are multiple examples of API data from a single exchange being used within standalone software to display and action trades. (Racing Trader) and examples of software which displays live odds across multiple exchanges (Oddsmonkey), but from our experience there does not seem to be any such software which reviews the odds across multiple exchanges simultaneously and then automatically actions trades when certain criteria is hit.

The project can start small and perhaps be focused just on horse racing winners markets, or football, win/lose/draw markets. But should be scalable to include the majority of markets offered by the exchanges.

The fee is a rough estimation and can be negotiated dependent on your experience and expected turnaround period. We would also be willing to consider further payment by way of a profit share should the software be profitable. Should the software be profitable we would look to offer subscription services for the public to install the software themselves and execute the same trades we would. This would again lead to ongoing work and a further potential for a share of profits.

I am happy to discuss the above in great detail. We really want to find the right person for the job, not just the cheapest or the most qualified. Someone who believes in the project and the potential of it is essential.