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Betfair Model

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Intro to modelling. Want to learn how to create your own predictive model using sports or racing data, but you don't know where to start? We're here to help. The Data Scientists at Betfair have put together the first few steps we suggest you take to get you started on your data modelling journey. Betfair's Golf Betting Prediction Model provides golf betting tips for the PGA and European tournaments. The data science tool rates every player's probability for a particular course. It knows the strengths of each player, pulling data from PGA Tour Stats, and what courses they suit. As well as recent form and a variety of other metrics. The Ripple UK is a betting model for Horse Racing in the UK and is exclusive to the One on One Coaching at CCB. Don't worry if you're not in the UK because e. Betfair's Data Science team have created a new quantitative model that provides exclusive horse racing tips for every meeting, every day. The new predictive model uses stacked machine learning to predict the odds of each horse, relative to the field. These odds are then ranked from 1.

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Betfair's API can be easily traversed in R. It allows you to retrieve market information, create/cancel bets and manage your account. Here's a collection of easy to follow API tutorials in R:

Accessing the API using R¶

Set up R¶

  • Download and install R – get the language set up on your computer
  • Download and install RStudio – you'll need a program to develop in, and this one is custom-designed to work with R

Required Packages¶

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Two R packages are required:

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The abettor package can be downloaded here. For an in-depth understanding of the package, have a read of the documentation. Instructions are also provided in the sample code.

Login to Betfair¶

To login to Betfair, replace the following dummy username, password and app key with your own.

If you don't have a live app key for the API yet take a look at this page.

Finding Event IDs¶

In order to find data for specific markets, you will first need to know the event ID. This is easily achieved with the abettor package.

To find the event IDs of events in the next 60 days:

This will return a DataFrame of the following structure:

Finding Competition IDs¶

Once you have the event ID, the next logical step is to find the competition IDs for the event you want to get data for. For example, if you want to find the competition IDs for Australian Rules, you would use the following

This will return the following structured DataFrame:

Finding Specific Markets¶

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The next logical step is to find the market that you are interested in. Furthering our example above, if you want the Match Odds for all Australian Rules games over the next 60 days, simply use the Competition ID from above in the following.

This returns a large DataFrame object with each market, participants and associated odds.

Get World Cup Odds Tutorial¶

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This tutorial walks you through the process of retrieving exchange odds for all the matches from the 2018 FIFA World Cup 2018. This can be modified for other sports and uses.

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The abettor package can be downloaded here. For an in-depth understanding of the package, have a read of the documentation. Instructions are also provided in the sample code.

Login to Betfair¶

To login to Betfair, replace the following dummy username, password and app key with your own.

If you don't have a live app key for the API yet take a look at this page.

Finding Event IDs¶

In order to find data for specific markets, you will first need to know the event ID. This is easily achieved with the abettor package.

To find the event IDs of events in the next 60 days:

This will return a DataFrame of the following structure:

Finding Competition IDs¶

Once you have the event ID, the next logical step is to find the competition IDs for the event you want to get data for. For example, if you want to find the competition IDs for Australian Rules, you would use the following

This will return the following structured DataFrame:

Finding Specific Markets¶

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The next logical step is to find the market that you are interested in. Furthering our example above, if you want the Match Odds for all Australian Rules games over the next 60 days, simply use the Competition ID from above in the following.

This returns a large DataFrame object with each market, participants and associated odds.

Get World Cup Odds Tutorial¶

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This tutorial walks you through the process of retrieving exchange odds for all the matches from the 2018 FIFA World Cup 2018. This can be modified for other sports and uses.

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You can run this script in R.

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AFL Odds PulleR Tutorial¶

This tutorial walks you through the process of retrieving exchange odds for the the next round of Australian Rules.

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You can run this script in R.





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