‘I made millions from sports betting, without ever backing a winner’
By carefully analysing reams of data and taking advantage of changing odds, Peter Webb has made a tidy sum since the easing of online gambling regulations in the UK.
UK sports trader Peter Webb makes a very good living by treating sports betting like the sharemarket.
Britain’s love affair with gambling is intensifying. Light-touch regulation and the ubiquity of smartphones have ushered in an era of instant access to online markets. Punters are betting billions of pounds a year and bookies are posting bumper profits.
Peter Webb is a big fish in this flourishing ecosystem. As a “Betfair trader”, he makes his money by treating sports betting like the sharemarket.
