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Ask HN: rate our shady start up idea
Flaws in online sports betting operation opens an
opportunity for arbitrage.
We are working on a crawler which browses bookmakers sites in order to find sure bets.
Also, we have a program which can back using found results.
According to our estimations it's very profitable.
We are looking for a way to make a service out of it e.g. provide gamblers with betting automation to some extent using our software.
Using such advantageous situations across several bookmakers is prohibited according to the rules of some of bookies.
What are the chances for us to find an investor?
If you look at Betfair sport events usually gather millions of dollars at stake.
Our technology stack includes Lisp, Chrome and other smaller open source libraries at the moment.
- cjeane 16y agoIf your system works, you have minted (at least in the short term) a license to print money. Why sell it now?
- getarbs 16y agoTo effectively bootstrap the system so we can quit our day jobs it's needed from ten to twenty thousands. The system does work but at a small scale taking into accoung our financial capabilities