Marc and I saw this and both came to the same conclusion.
As raa says, there are liquidity issues with bookies and on the betting exchanges as well.
The software may well work if it is only being used by one or a handful of people but if thousands start using it, it will kill any potential golden goose that was there.
I've looked into this extensively before and I seem to remember that the best way to play this is to create software that looks to arbitrage on one event on Betfair (which is impossible EXCEPT) you "fade" one price based on expected movements on one side of the bet by monitoring liquidity and price movement (a bit like Forex trading). That way you are guaranteed liquidity as well.
Needless to say, the people who have developed this software aren't selling it at any price.
The other problem is that the profit margins on each "trade" are generally going to be tiny. You would need a massive bank for this to be a worthwhile endeavour.
i never trust that who will be 100% winner ,it 's more like the advertisements , and the most important is that how to learn that something fit for you , and some useful tools . idon't want to lost my money in the unnecessary stuff!
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