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Build me a Jockey Calculator Program for Betting

So i would like built a program built for betting on jockey challenges in Australia. So in horse racing the rider of the horse is know as a jockey, and in Australia different betting websites offer Jockey Challenges. Each horse race the winning jockey get 3 points for 1st, 2 points for 2nd and 1 point for 3rd. After the last race of the meeting the jockey with the Most points wins. So i would like a program that would do this please. The website we need to scrap the horse racing meetings are from [login to view URL] then it shows you what meetings are on each day. If you click on a meeting that day on fields shows you the horses and the jockeys. Normally Each state in Australia the scratching's come out around by 8:00 in the morning except WA which are around 10:00am. from the scratching tab. I can send you videos on how my work program works need one that does this please. To get to the final stage of calculation this is the method used if you know how to do this.

The easiest way to price the jockeys in a meeting is to do a Monte Carlo simulation of the meeting.

In each race you have the probability of each runner to win based on its price for example, in a race with 5 runners with the following prices:

R1 = 3.0

R2 = 7.0

R3 = 11.0

R4 = 4.0

R5 = 8.0

Where the Book % is 6.8%

The probability of each runner to win is

Sum of All 1/price is 94.21%

ProbR1 = (1/3.0) / 0.9421 = 35.38%

ProbR2 = (1/7) / 0.9421 = 15.16%

ProbR5 = ...

Basically, we bring it back to a 100% book.

We stack the probabilities of runners and have a fixed allocation between 0.0 and 1.0. Runner 1 is allocated [0.0 to 0.3538]. Runner 2 is allocated the interval between (0.3538 to 0.3538+0.1516] and so on up to R5 that fills the whole interval to 1.0

Now we can simulate this race multiple times by picking a random number (uniform distribution) between 0.0 and 1.0 and deciding which runner has run that simulation. The jockey of the winner runner gets 3 points ... 2 points ... 1 point.

You simulate the whole meeting 5000 times and you count the number of points each jockey accumulates across all 5000 simulations.

Now, sum the points of all jockeys across all 5000 simulations and call it SumAll.

The probability of each Jockey to win will be Points for Jockey / SumAll.

Websites used are below

[login to view URL] (to find the race meetings jockeys and get scratchings)

[login to view URL] (to get the prices of the horses the jockeys are riding plus the results of the races to see what jockey wins the race and runs 2nd or 3rd.

Compétences : PHP, HTML, Web Scraping, JavaScript, Architecture Logicielle

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Concernant l'employeur :
( 4 commentaires ) Alberton, Australia

Nº du projet : #31533921

19 freelances font une offre moyenne de 484 $ pour ce travail

urmate

Hi I have checked your project description. I have excellent programming and development skills. Contact me with all the details and requirements for your project for further discussion. I will provide you dedicated s Plus

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mananraja

hi I have read what you need. I have worked with both these websites (racingaustralia and [login to view URL]) for PREVIOUS freelancer projects. I can make you this PROGRAM to do these calculations as per your description. I am a Plus

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I have some questions in relation to the specs that you have provided. Could we please have a chat? My Skills: JavaScript, Web Scraping, Software Architecture, HTML and PHP

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vladislavrashev3

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oleksandrnadtoch

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glebmordvinov

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markalan112

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EncaTech

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