Pete Vipond played his Junior hockey in his hometown of Oshawa, Ontario before being drafted by the Oakland Seals in the 1969 Amateur Draft. His first two seasons as a professional was spent with the Nelson Maple Leafs where he made an immediate impression by stepping in and becoming an offensive leader by posting 64 and 66 point seasons. In 1971-72 he rose another rung on the ladder by joining the Seals International Hockey League club in Columbus and he continued to impress by scoring 23 goals and finishing second on the team in scoring. The following year he was summoned from the minors for a brief look by the big team.
The Seals, now re-christened the California Golden Seals, penciled Vipond into their lineup for three matches during the 1972-73 season. The skilled left-winger was unable to demonstrate his offensive skills in what would prove to be his only NHL appearances.
After spending the 1973-74 campaign with the Tulsa Oilers of the Central Hockey League Vipond chose to end his professional career so he could play closer to home. Starting in 1974 he played Senior hockey with the Whitby Warriors. After four years with the club, primarily as their offensive leader, Vipond hung up his skates for good in 1978.