Betfair trading for a living is something that lots of people aspire too.
After all, how many people would love to watch and be betting on sports for a living? It sounds like an ideal lifestyle!
The reality of doing this for a living is a little less glamorous than how it’s often positioned. It often involves working just as hard as you would do with a ‘normal’ job, but without any security.
But over the last 20 years, that is exactly what I have done. I was trading before anybody else, went full time when I had a good career and had to invent trading software to be able to do what I wanted.
When I spotted the opportunity of sports trading I knew exactly what I was looking at and I pioneered the concept of trading the sports market on betting exchanges, the same way you would trade on financial markets.
But the story of how I started that and what happened next is often lost in common scepticism & misinformation, put forward for many reasons.
But my path through the markets has been deliberate, carefully planned and documented. Despite that, from the very start to 20 years later. People would prefer that my story is somewhat different.
At first, this really would drive me mad, but ultimately I came to terms with it when I realised it actually led me into a whole new arena that made me even more effective in the markets.
I thought it was worth sharing that experience with you, so you can take some inspiration in whatever you are doing. Whether it’s Betfair trading or some other path.
#betfairtrading #bettingforaliving #betfairtradingforaliving
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Great!! You went to a controversial career and became an iconic reference for those who really understand the concept of it. (myself included). For those who can't see it (perhaps because of scepticism of this industry) there is nothing we can do other than wishing them to keeping filling up exchange with volume and liquidity…
Hi Peter. I have a few questions for you. Do you have a work email that I can contact you on please?
Excellent vid Peter. I love these type of vids, the comments from bedwetting mugs are priceless. More please lol.
Hi Peter, great to hear your story of skepticism and positivity! I was at one of your early seminars at a Coventry Hotel many moons ago (Not sure which year) but I'm sorry to say whilst I have always had the enthusiasm for Trading, I still haven't mastered the skill! I'm still positive though and haven't given up. (I think my main problem is getting side tracked by trying other methods, tipsters, betting bots, etc) To be honest I've used BA on a couple of free trials but I use your main rival 'AGT' as I have a fully paid license which doesn't involve a subscription!
I need to get the skills to Trade successfully so that the subscription cost will be a minor issue!
By the way I remember at your seminar you mentioned avoiding your small children accidentally placing bets by playing with your keyboard – no doubt they're all grown up now and have their own keyboards – you just have to watch out for the pet cat practising it's typing skills!
Thanks again for sharing your story, Paul.
jealousy can be a powerful emotion too, i'm sure that can come onto it sometimes.
am very sceptical have saw some of your video about trading cheltenham and think your telling porky pies. if you trade 15 minutes before off i have trouble getting 50.00 quid stakes matched so with the size stakes you use i find it odd you can make as much on one race i dont think you can get 500.00 or in your case bigger trade size amounts matched in the time frame that you trade in. its all one big con to sell the betangel.
Great peter
You are by far the best resource for understanding this game online I really hope to meet you one day.
Have you ever considered trading UFC? Given the often wild swings in momentum during a bout and the fact that there are so many ways to lose, I think there is a lot of potential. I’m novice trader but have watched MMA/UFC for 16 yrs so have a reasonable knowledge of what is going on. Watch a few events and I think you’ll agree with me. Feel free to send me a message if you’d like to know more about the sport.
Hi Peter,
I was wondering what type of percentage incomes are made from not just
Trading but also from connected sources to Trading. It's an ever
changing business world out there, especially with online being so
dominant and prominent, and of course the last 12 months of a global
pandemic and its impact on many businesses. I'm trying to find a
business model and broaden my potential income horizons, I've been
totally spun out over the last 12 months financially.
So for example, what would your percentage earnings be from:
Trading
YouTube Trading Videos
Online Courses about Trading
Thanks in advance.
Excellent video Pete! You’re doing great and providing insightful content for us Lehman’s 🙂
Peter when will you be doing the video on how to price up match odds in football please ?. You did thr one on goals and said that you will do this one too. Thanks and keep up the good work.
Peter is a legend 🙏🤘
Peter you're an absolute inspiration! Thank you for this, I really enjoyed you telling your journey. 🙂
Peter, many moons ago I tried to get TED interested in your doing a presentation. I never heard from them and guess neither did you. Their loss. Just name-dropping that you'd met Warren Buffett years ago would have piqued much interest. So pleased you have made it past 20 years of trading. I wonder how many others have succeeded thanks to you?
Great video. I take away a lot of ideas. I didn't really enjoy pre-race but I actually do enjoy inplay horses despite people saying "its a mug tax" or "you WONT make inplay pay!"
it drives me to try different things like changing liability, market selection and making up my own set of rules. After 11 months I still believe I can make it pay for me based on mindset & my own rules I'm comfortable with. It really is time in the market. Even races I don't like the look of I'll still watch & observe because why not
You will Turn 53 in this March 2021 and you have been trading for more than 20 year now and Time just fly by because you enjoy Trading so much. Keep up the Good Job. Happy Birthday In Advance.
well done peter you are the GODFATHER of betfair trading
Another amazing video, Really enjoy these videos. Thanks
HOW TO BE PROFITABLE WITH AN ACCURATE MARKET LIKE SOCCER BETTING ? (ACCURATE)
Most people have heard of 'professional gambler' and accept they exist, the problems occur when you try to re-branding it as "sports trader".