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About Us

Who we are

Founded in 2017, Algosport was created to provide sportsbetting solutions for both B2C operators and B2B suppliers, particularly within sportsbetting trading with the aim of Algosport providing quant solutions to augment in-house development. We created the Algosport ‘Blackbox’ that is the engine that houses all of our algorithms and models and it is the Blackbox that now sees Algosport products in use by over 200 sportsbetting brands all across the world. 

 

We are a small team of experienced quants and developers, with decades of experience building products for sportsbetting operators, with the founding team still within the business. Based in London since inception, we believe that Algsoport exists to solve the problems that the sportsbetting industry faces, and look to drive product and revenue for operators of all shapes and sizes. 

Algosport: driving World Cup success

What we do

Algosport has provided innovative trading products across the betting and gaming ecosystem since 2017. Built in-house, we provide solutions for the challenges facing operators, to cater to the ever-changing demands of end-users.

OurBlackbox is based on proprietary technology and algorithms, and supports a myriad of functions and features. These include a full suite of derivative betting markets, advanced cashout logic, plus an industry leading Bet Builder.


Our Story

Since 2017 Algosport has been at the forefront of developing next-generation products for the sportsbetting industry.

Progress

2015

Initial idea for ‘Same Game Multiples’ led Leigh to enter a start-up 'Pitch' competition

2016

Leigh continued work on trading concepts prior to Algosport being created

2017

Algosport is created to solve sportsbetting trading problems.

2017

Bet Builder for Soccer created, for both Pre Match and In Play

2017

Algosport first company to demo a fully automated Bet Builder solution at SBC Conference in London

2018

Playtech BGT launched with the Algosport Soccer Bet Builder, including a retail solution for SSBT’s

2019

Basketball Bet Builder solution was developed & released

2020

EveryMatrix launched with Soccer Bet Builder, including In Play features

2020

Algosport develop and launch a bespoke Soccer eSports Bet Builder, as a response to lack of sporting action at the height of the pandemic

2020

EveryMatrix launched Basketball Bet Builder

2020

Handball & Snooker Bet Builder solutions released, including In Play features

2021

Pre Match and In Play Bet Builder solution for Tennis released

2021

Intralot launched Soccer Bet Builder in Netherlands

2021

NFL Bet Builder solution released

2021

Ice Hockey Pre Match Bet Builder service launched

2021

Basketball In Play Bet Builder launched

2022

Baseball added as a Bet Builder enabled sport

2022

In Play features for NFL Bet Builder added and launched

2022

Innovative Asian Handicap features for Soccer Bet Builder developed and released

2023

Soccer Bet Builder launched with Pragmatic

2024

Tipico launched Soccer Bet Builder for Euro 2024

2025

Launched multiple new clients, continued development of new features

Our Team

Leigh

Leigh

CEO

Leigh Herdman brings over 30 years of experience to the sports betting industry. For the past two decades, Leigh has been instrumental in building advanced sports betting models and is recognized as one of the original innovators in this specialized sector. Leigh holds a BSc in Theoretical Physics and an MSc in Applied Statistics from Imperial College.

David

David

CTO

David has 15 years of experience within the sports betting industry working across the whole pricing stack. He’s created and refined mathematical pricing algorithms, written integrations for payments, feeds and regulatory reporting, guided development on bonus engines and much more. He oversees all development and client integrations.

Martin

Martin

Developer

Martin has 10 years of experience developing mathematical pricing algorithms with an emphasis on high-performance code. He is responsible for implementing the algorithms which are deployed to customers.

Marc

Marc

Managing Director

Marc has almost 30 years’ experience within the industry including with William Hill, Betfair, 888, Sportingbet, SIS and Metric. Previously supporting Algosport as a consultant, he took up the newly created position of MD in 2024 and is responsible for commercial, marketing, strategy and general management of the company

Sam

Sam

Product Analyst

Sam joined Algosport in 2023 as his first role in the gambling industry. Initially joining as Junior Product Analyst but has since progressed to Product Analyst. He is responsible for analysis of current business, dealing with client product queries and analysis of new products/features.