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In my notebook, you will find a function that automatically creates the plots for all games and saves them as images. Coming back to our idea of finding arbitrage deals, it is probably unlikely to find them on one single website. I believe it is more likely to achieve arbitrage betting by using information differences between multiple bookmakers.
However, we will now look at the analysis only for Tipico data. This analysis could easily be scaled to multiple websites from there on. If we want to obtain an outcome-independent profit, we need to distribute the betting amounts according to the rates.
In the data that I collected, I found the following example:. Rates for scoring the next goal: Player 1: 1. This leads to the following betting amount distribution: Bet 1: This results in a sure profit of 5. It seems strange to me that I found an arbitrage chance on a single website. Maybe there was an error in scraping the numbers, I will investigate this. As demonstrated, this procedure enables you to calculate the sure profit of a combination of bets. Now it is up to you to find positive values!
In this article, you could learn how to load and parse web pages with Python using BeautifulSoup, extract only desired information and load it into structured data tables. To extract time series, we have looked at how we can implement it as functions and repeat our query at fixed time intervals. Afterwards, we wrote code to automatically clean the data, followed by visualizations and additional calculations to make the data interpretable. We have seen that arbitrage betting is probably possible — if not on one website, then by combining the bets with multiple bookmakers.
Thank you very much for taking your time and reading this article! I highly appreciate and welcome your feedback and remarks. Cheers, Steven. Hands-on real-world examples, research, tutorials, and cutting-edge techniques delivered Monday to Thursday. Make learning your daily ritual. Take a look. Get started. Open in app. Sign in. Editors' Picks Features Explore Contribute. A Hands-On Analysis with Code. How to download live sports betting time series data, parse it and analyse arbitrage opportunities with Python.
Steven Eulig. Web scraping live betting data BeautifulSoup To gather the data, we will use the library BeautifulSoup. I have downloaded and installed it with the command line via: pip install beautifulsoup4 Once you have installed it, we can start by importing all relevant libraries. Storing results in dataframes pandas Having the raw and parsed data, we now want to structure it in a practical way. The time interval between scrapes and number of scrapes in total are taken as argument.
The result is saved in a csv-file. Arguments: timedelay -- delay between each scrape request in seconds min. Visualization and analysis of the results with matplotlib-pyplot As a first step, after importing the data, we need to do some data cleaning. Wrapping up In this article, you could learn how to load and parse web pages with Python using BeautifulSoup, extract only desired information and load it into structured data tables. Written by Steven Eulig.
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