Given Peter’s already remarkable record in sports markets, it was no surprise that he became one of the first customers of Betfair, the world’s largest betting exchange; only a few days after they opened for business in June 2000.
Innovation of Betfair trading software
His constant pursuit of highly efficient markets and his prior interest and achievements in sports markets meant it was inevitable that he should pioneer and come to shape and influence the thinking of a whole generation of users in these markets. As Betfair emerged as the global leader in what were effectively stock exchanges for sport, what became clear, was that to use these markets effectively, participants required a completely new generation of tools and skills to be successful.
Peter was the first to really pioneer a clear path through these new markets. The knowledge and experience that Peter has acquired is encapsulated in Bet Angel. Bet Angel was created even before there was an API on Betfair and it’s creation, along with others ushered in a new era in sports markets. Bet Angel users now dominate their chosen markets on the exchanges and, with clients right across the world, Bet Angel is widely-acknowledged as the platform of choice for those who actively participate in this fast-growing arena.
As an author, presenter and one of the largest users of Betfair, Peter embodies the hopes and aspirations of many who seek to explore a route through these new territories. Peter has traded nearly 200,000 markets and analysed approaching 1,500,000 in his quest to get the best possible understanding of how the markets function, how they are priced and the many nuances that exist in them. Peter trades these markets manually as well as developing a number of automated trading strategies which he deploys using the specialist tools within Bet Angel.
Peter discusses trading with Henry Kelly & Gary Wiltshire on BBC radio.