I am looking for a piece of software to access the betting exchange site Betfair and make bets for me automatically through my Betfair account. I want to be able to entre my selected bets and allow the software to make the bets for me, under conditions that I have laid down (such as odds requirements).
There are a number of key features I am looking for, including conditional betting and staking (ie I may wish for subsequent bets to stop after a winner has been achieved or for stakes to increase after a loser), also I want it to be able to automatically "dutch" selections to return a fixed profit.
## Deliverables
The software needs to:
1) - make bets from my Betfair account (does this need to be through the Betfair API?)
2) - allow a number of bets and conditions (see below for examples) to be programmed into it and then to run with no subsequent input from me
3) - have the option to automatically "dutch" chosen selections, ie split the money staked across a number of selected outcomes to ensure a certain profit is achieved (such as two horses at decimal odds of 2 and 3 would be staked 60%/40% to guarantee a 20% profit if either wins)
4) - allow conditional betting, such as stopping betting if any of the pre-programmed selections wins or when a certain profit is achieved
5) - allow conditional staking, such as increasing the stakes if a selection loses in order to cover previous losses and still return a certain profit