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.
Pioneer for Betfair trading software
Peter’s constant pursuit of highly efficient markets and his prior interest and achievements meant it was inevitable that he should pioneer and come to shape and influence the thinking of a whole generation of users in sports trading 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 are encapsulated in Bet Angel. Bet Angel was created even before there was an API on Betfair and its creation, along with others, ushered in a new era in sports markets. Bet Angel is widely-acknowledged as the platform of choice for those who actively participate in this dynamic arena.
Creation and theory is one thing, but putting that to use another. A hallmark of Peter’s work in the market is that he considered it vitally important to be a very active participant. This lead him to become one of the very largest users of Betfair ever. 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. His activity in the market has lead to him appear in a number of publications and he spent a 10 year spell writing for Racing Ahead magazine.
Peter continues to be an active participant and 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’s activity on Betfair has put him amongst the very top percentage of all time Betfair users, however you wish to measure it.
Peter discusses trading with Henry Kelly & Gary Wiltshire on BBC radio.