Since January 2016 I've also been contributing material to Pinnacle Sports' Betting Articles. Pinnacle Sports produces regular in-depth analysis for both the betting and sporting worlds. Covering everything from soccer to tennis, their articles investigate anything and everything that could be of interest to sports bettors. Their aim is to educate their customers to help them become a better players. Of course, unlike other brands, they happily accept winners. Please note that Pinnacle Sports is currently unavailable for UK customers, however, you are still free to access their articles.
Betting on sport is, by nature, a very uncertain business, but can bettors keep a tight grip on the randomness of it all? Joseph Buchdahl looks at the best way to tackle the inevitable randomness in sports betting.
Some bettors are big believers in money management strategies but are they really as reliable as people make out? Joseph Buchdahl investigated the Martingale betting system to see whether the returns are really worth the risks.
With forecasting systems mainly based on past performances, understanding regression to the mean is crucial for sports bettors. The 2015-16 EPL season has been no short of surprises so far, raising the question: Are extreme outcomes sustainable? Here's what statistics have to say about it.
Pinnacle Sports is an online sports betting site located in Curacao. Today, Pinnacle truly does live up to its name by being one of the leading players in the wagering industry, with customers from more than 100 different countries worldwide. Pinnacle has one of the biggest markets in the online gambling industry and really does strive to cater to as many people as possible.
BONUS INTRODUCTION – There’s currently no sign-up bonus with Pinnacle, but instead win from the fair odds of the game!Is Pinnacle Legal?
Operating under licenses from Curacao and Malta, Pinnacle Sports is a high volume sportsbook, bt even that volume has its limitations. Bettors from the United States, United Kingdom and Spain are prohibited from wagering with Pinnacle.Pinnacle Sign Up Bonuses Review
If bonuses and promotions are what you look for when you choose your gambling site, then Pinnacle is one to avoid. Pinnacle does not offer a sign-up bonus or any bonuses at all for that matter. The site offers other advantages to try offset their non-existant bonus scheme.Pinnacle Customer Service
The help section of Pinnacle provides you with just about all the information you need, from payments, to account info, to explanations about the different wagering types. However, the biggest setback with Pinnacle is that you have rather limited ways to contact customer support when you don’t find your answer.
The only method available is email. Emails, however, are returned promptly.Pinnacle Payout Methods
Pinnacle serves customers from all around the world, so it’s no surprise how many payment methods are available. On Pinnacle, you can obtain your payout from a choice of 20 different currencies, a number most sites simply cannot match.
The payout methods the site offers will vary depending on the currency you use, but there are nineteen different options. Most payouts come with a fee between $15 to $30.Pinnacle Website
Pinnacle is really in tune with its worldwide customer base. As such, the site offers 17 different language choices. Many other sportsbooks don’t have anywhere near as many options to choose from. Want to become a more skilful bettor? Pinnacle provides you with up-to-date sports news and tips on various different casino games.
Pinnacle also wants to educate its clients. Check out the site’s betting articles to learn more and improve your betting experience.Pinnacle Betting Lines
Pinnacle might not offer any bonuses, but it almost makes up for it by giving bettors excellent betting lines on the sportsbook. Some sites offer betting lines with some unusually competitive odds, which may be suitable for more experienced gamblers.However, for the more novice bettor, it is generally a safer option to go with less-competitive ones Pinnacle regularly offers.
Their odds are also very clearly marked on the home page. Also, Pinnacle has a “closing soon” tab, which advises prospective bettors how long they have left to place their wager.Pinnacle Live Betting Options
Pinnacle offers live betting options on all of the major North American sports and expands its portfolio to European soccer, too.
Some sites don’t offer live betting, and of those that do, it’s definitely not the way Pinnacle does. They make the process user friendly, which adds excitement to the sport you’re wagering on. There’s no hassle so you can place your undivided attention on the game at hand.
At any given moment, you are bound to find at least a half dozen different sports or leagues on which Pinnacle is taking live in-game wagers.Pinnacle Betting Types
Pinnacle has no shortage of betting options for its customers to choose from. The site has betting lines for just about every game and sport that bettors are most likely to follow, including live bets. Pinnacle also offers specials on a regular basis, which includes many team futures.
Beyond the major sports, you will also find odds offered on cycling, boxing, esports, MMA, tennis, handball, rugby, snooker, table tennis Aussie rules and volleyball.
There are also always a wide array of special offers on tap at Pinnacle in a variety of sports to add a little flavor and spice to your wagering.Pinnacle Deposit Methods
As much as Pinnacle comes with a wide range of choices of payouts options, the site comes with equally as many deposit methods. Deposits on Pinnacle also work in 20 different currencies. Some currencies work with more deposit methods than others, all of which have different price ranges.
The vast majority of options are free of fees, which all customers should be happy about. Afterall, who in their right mind likes fees?Pinnacle Mobile Betting
Like its live betting platform, Pinnacle’s mobile site is easy to access and user friendly. No matter where you are or what your are doing, you can get your action in play.
Forgot to put down that wager on the Spain-Colombia friendly you so wanted to bet on? Not to worry. Access Pinnacle’s mobile site at https://www.pinnacle.com/m/ from your mobile device and you are instantly in to win.Pinnacle Betting Review
When it comes to banking, Pinnacle arguably has more currency options to choose from than any of its competitors. Few other sites can match the 17 different languages sports bettors enthusiasts can use to enjoy their betting experience. The biggest downside with using Pinnacle is that there are no bonuses available.
The Pinnacle casio offers unlimited 0.3 cash back on any casino game excluding Craps and Blackjack RNG. Your cashback gets automatically credited to your account after each bet and can be withdrawn at any time without restriction. In the Pinnacle live casino, you can play and interact with live dealers.
by admin · Published August 26, 2014 · Updated August 26, 2014
Now that I have removed all advertising from my site, I can happily bash bookmakers without worrying about them closing my affiliate accounts. Sadly all the reviews you read about sportsbooks are mostly bullshit, as the people writing them have a vested interest in you signing up. Not me. I’m free to write the truth about each and every bookmaker.
I have been a big supporter of Pinnacle sports on this site. They continue to offer great prices and high limits. Over 50% of my bets last year were placed with them. But over the past year they have done a few things that didn’t sit right with me. I first asked them to explain why they say everyone gets the same high limits while clearly disproving it. I then asked why they offer lower odds on Parlay bets then straight bets. I have also mentioned that they now send certain bets to a trader and cancel bets, Pinnacle denied this ever happens but a number of readers have also seen the problem. There also seem to be issues with some UK customers as I believe they are trying to get a license there at the moment.
Their most recent move has been to increase the industry standard of one times turnover on deposits to five times turnover on deposits. They even have the audacity to say
failure to meet our industry standard deposit roll-over threshold (five times deposit amount) will incur a 3% processing fee on the deposit and any applicable withdrawal fee.
This is just an out and out lie by them. The industry standard they speak off has always been and still is one times turnover. Now there are a number of reasons I have heard of why they have done this, but the simple real reason is so they can make more profit.
Not really true advertising
One of the these reasons is to stop money laundering, so what they are really saying here is “you can money launder through our site, but give us a fair cut”. Another reason which I can understand is that people are simply depositing to get reward points (Neteller or Credit Card), turning over once and then withdrawing and redepositing. Pinnacle does pay a fee every time someone deposits. Credit Card companies charge about 1% and Ewallets usually a little more. Pinnacle could stop this by talking to the Ewallets and not allowing points to count (as Betfair and others have done).
@riskypunter @PinnacleSports I feel like a $50 bet on my fav team. Woohoo, they won. I’ll withdraw. Ahh crap, gotto bet another $200 first.Why is Pinnacle crap for the average punter?
So why do I say that Pinnacle sucks for the average punter? Before I can state why, I will first need to make some assumptions. My idea of a typical punter is below.Assumptions of the average bettor (from talking to employees of Australia’s biggest bookmakers)
Now you have to understand that the average punter is a losing punter. They place a few bets on the weekend and withdraw whatever is left on Sunday afternoon. We now have some figures to work with.
note: this is a very simple breakdown of an average punter and may be far from what they are really like. But the average stake size is correct and the amount turned over each week is also very close.The (very simple) maths
With 6 bets per week and $30 spent on each bet. The average punter will bet $180 a week. The average punter also doesn’t look for value, so will place all his bets at the one place. Using all this data we can assume that he will win 3 bets per week. Again, this is on average over a whole year.Return at your average Australian bookmaker
3 line bets @ $1.91 for $30 a bet lost = -$90.00
3 line bets @ 1.91 for $30 a bet won = +$81.90
Total loss for the week = $8.10
Total loss over a year is $8.10 * 52 = $421.20Return at Pinnacle
3 line bets @ $1.952 for $30 a bet lost = -$90.00
3 line bets @ 1.952 for $30 a bet won = +$85.68
Total loss for the week = $4.32
Total loss over a year is $4.32 * 52 = $224.64
We have a clear winner right. If only our average punter would place all his bets at Pinnacle, he would only lose $224.64 a year. He would be $196.56 better off. But it’s not so simple is it. Remember that Pinnacle customers need to turnover their deposits 5 times before they can withdraw. So straight away our punter is at a disadvantage betting there. The same $150 deposit he puts into the Australian sportsbook on Friday and withdraws on Sunday will need to stay in his Pinnacle account for 5 weeks. So over the year he will make $9,360 in deposits to the Aussie bookie and only $1,872 to Pinnacle. If our punter was using a rewards credit card then he would make an extra profit off $60 by sticking with the Aussie bookie. Still, Pinnacle is $136.56 in front.
Pinnacle boasts that it does not offer bonuses and says their odds more then make up for that. But most Australian bookies offer a $500 deposit bonus (many offer much higher). This needs to be turned over the industry standard once and only winnings from the freebet are added to the account. These bets can easily be matched off on betfair to retain 70-80% of the bonus. So at worst this free bet is worth $350 to our average punter. So now the Australian bookies are looking a lot more attractive with a lead of $213.44. But it doesn’t stop there.
Australian bookies are in a very giving mood at the moment as they all fight to sign up as many customers as possible. They not only give a very nice welcome bonus, but every week they have many ongoing bonuses. They have free bets, refunds, value bets, and even return losses when something weird happens (this week alone I received $700 back when a horse went berserk in a race, the bookie decided to pay out the winner and refund all the other bets). Being extremely conservative here, I would say there is another $500 of value for your average punter by taking up a few of these offers. So now the Aussie bookie is looking really good and is easily $713.44 better off then Pinnacle in a year. There has never been a better time for Aussie punters (well maybe a few years ago, but its still amazing).
Whereas the average punter has zero chance of making a profit at Pinnacle, with credit card rewards, signup bonuses and ongoing bonuses, your average Joe could very easily come out ahead each year by betting at Aussie bookies. While I hate giving any credit to the Australian bookies, it’s a pretty clear choice for any aussie punter.
If all you want to do is place a few bets over the weekend for a bit of fun, then stick with the Aussie bookies. Luckily there is no rule that says you can only bet at one bookmaker. So you should be getting the best of both worlds. Take the better odds when you can at Pinnacle (knowing that you can’t withdraw until you turnover the very non industry standard 5 times), and take up the offers at the Aussie books. This is where I would usually pitch you about my service that shows you how to make the most from all these bookmakers offers and also how to use Pinnacle to your advantage, but as the service is not accepting new members right now, you won’t have to listen to me blab on about it.Why Pinnaclebet has an uphill battle
Pinnaclebet is Pinnacles attempt to join the Australian market. I feel they have a huge uphill battle ahead of them. As they do no advertising and offer no incentives to join, only current Pinnacle customers might make the move to the Australian version. They may get new customers via word of mouth but will not build up much of a base. The current corporate bookmakers in Australia really have nothing to fear from Pinnaclebet. It just doesn’t offer value to most people.
Yes Pinnacle is the world’s best bookmaker…. for high turnover bettors. For the other 98% of people it’s better to go with the ones that offer bonuses and the industry standard 1x turnover.
I’m sure most of my readers are Pinnacle lovers, so you can attack me in the comments below. Have at me.You may also like. All about Sportsbook affiliates
December 13, 2016
by admin · Published December 13, 2016Centrebet acting like a bookmaker
by admin · Published March 23, 2017Sportsbet.com.au WARNING, do not bet there
December 23, 2012
by admin · Published December 23, 2012 · Last modified July 16, 2014
Good article Steve.
I didn’t know Pinnacle had brought this rule in.
Do you know when they introduced and where can I find the info on their site. I had a look under Payments and FAQs, couldn’t find any reference to the 5x rollover & 3% fee.
The move could be designed so as to ensure they retain more customer money on deposit and dissuade people from withdrawing?
I moved my cash out as soon as I read this in an email from pinnacle. I simply don’t use them enough to have cash sitting there doing nothing. Reminds me of the film casino where they deliberately keep the high roller in the hotel until he loses all his winnings.
thanks Steve for this relevant article
as i am a “big” bettor myself i don’t feel too concerned by the turnover problem but what I don’t like about Pinnacle is the very limited InPlay market, and the lower odds on parlays.
But parlays are not the best way to make money anyway so…
Provoking article, I’m going to jump to pinnys defence, as invited!
Criticising pinnacle for having bigger than standard limits on losing accounts is harsh. They have a completely transparent standard max bet which is far better than most places and great for the industry. If they take a decent sized bet (and they do) and want to offer some people more then that’s their business.
Likewise the parlay criticism. For any given parlay pinnacle are much less likely to see two sides business so need extra margin to justify the product. It’s essentially a more expensive product to produce, despite simply seeming like a combination of multiple simple / cheap products this really isn’t the case.
And for your bettor who withdraws every week… I don’t know anyone like this!
They have managed to hide it on the site, I had trouble finding it myself for the article. Try going to deposit options and then reading all the rules on the page
Always happy to hear the other side.
I’m not criticising them for letting losing customer bet more, If you read the article, my complaint is with their advertising. They state that everyone gets the same limit, which is not true. Many times I need to bet 2 or 3 times because the limit is lower then my bet, so I lose out, while a losing customer can bet all at once and get the top price. So it’s clear to me that not everyone has the “same high limits” they advertise.
The limits are great, but the marketing is untrue.
The parlay issue I have less concerns with as people would take advantage of them if they left them as is.
I’m assuming the ring of friends you know are the more professional type, which make up a very small size of the overall market. The normal punter withdraws all the time as he needs access to that money during the week (shocking to think they bet with money they can’t afford to lose, but this is what a lot of people do).
Thanks again for your reply
The average punter doesnt withdraw once a week they withdraw soonish aftrr a good win about once a week.
Could pick holes in all your arguements but in the end the moral of the story is the average punter is very lazy and will only respond to marketing they are dont even know pinnacle exist
All the “average” punters I know withdraw when their last bet of the week is over. They sadly need that money for the week.
It’s easy to say you could pick holes and then not pick any (I did have to make a number of assumptions that could be wrong).. I’m happy to hear them. But yes, the average punter is lazy, only bets at one or two bookies and couldn’t care less about odds or recording of bets. They allow people like me to make a profit.
Pretty bored so lets keep this going but firstly i believe everyone is better off using multiple bookies and the corporates are the best place to start because of bonuses and spe ials.
The “average” punter if using just one bookie only gets one deposit bonus (not quite true)so that cn not be taken into account on a yearly basis. They are more likely to jump on a quick multi than take advantagd of a real offer and they most certainly are not making any money out of their credit card.
Yes if they wete half smart they would make 5-10k a year in bouses and get better odds then be winning punters with the same selections but they are not.
I have tried to explain to many average punters what they should be doing but alas they just want to be the guys on the tv ads
I think the issue is we really don’t know what the average mug punter is like. As I mention in the article, I got my data from someone who works for Australia’s largest sportsbook, so would assume that’s a pretty good place to start.
They will only get 1 signup bonus, but will also get reload bonuses, freebets, ongoing bonus offers and a lot more (especially if they are losing).
Yep, sadly most punters don’t really care, and that’s what bookies are hoping for, they show them a flashy life and market these winning punters. So real ads would help, punters going into credit card debt, divorces, suicide. But that side is never shown.
They are still the best sportsbook in the world. But that is helped by how bad the rest of them are.
I still love them but they have been doing a lot of things wrong lately.
remember correctly, you used to write an article about Bookmaker that can be an
alternative to Pinnacle Sports when Pinnacle leaves UK last year (my apology if
it was not you) and can’t find the article in your site. Can you kindly show
the link navigating to the article or just say Not Me?
This was the solution, but they have now also left the UK market.All Time stats Total P/L Graph
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Why Pinnacle Sports?
Highest Betting Limits.
Best Odds for all offered Markets.
Fantastic eSports coverage.
Comprehensive and easy-to-use mobile platform.
Many international currencies accepted.
No bonus & promotions.
Only e-mail support.
Pinnacle Sports Featured Promotions
Pinnacle Sport has been launched in 1998 in Curaçao. Initially the main website was named planetpinnacle.com but switched to pinnaclesports.com in 2003. The main idea behind the launch of the new online sportsbook, was to allow people to place bets of unlimited size. Pinnacle has the lowest margins on the market and views customers who are constantly winning as a challenge for its own handicappers to improve their skill of finding and adjusting their betting lines.
Pinnacle Sports has been operating for almost two decades with a great reputation. For most professionals it’s one of the top sportsbooks for a good reason. Find out more about Pinnacle in our detailed Pinnacle Review.Pinnacle Review – Best Odds on the Market
Pinnacle certainly do take a unique approach to bookmaking. If you are looking for the best odds and highest limits Pinnacle should be your first choice. However, compared to their competitors the range of markets is limited.
It is safe to safe, you need Pinnacle in your portfolio to profit from the best available odds, but if you like to bet on a wide range of markets you need to add some additional bookmakers.How to Open an Account with Pinnacle
Our following step-by-step guide will show you how to easily set up your account within a few minutes and start your betting experience with the best odds on the market.Step 1 – Start Registration Process
Please make sure to use our signup link to start the free registration process. You will now be redirected to their homepage, where you just need to click the ‘Open an Account’ button in the top right corner.
Step 2 – Enter your Personal Details
On the following screen you need to add your personal details like your country of residence, address, phone number, currency etc.
Step 3 – Make your First Deposit and enjoy the best odds on the market
Once your account is created you can start to deposit your first money into your new account. Simply choose your preferred payment method, your currency and follow the instructions on the screen to finish the deposit process.Pinnacle Review – Sports Betting Markets
Their betting products speak for themselves as they are offering a wide range of sports. However, if you are looking for some smaller or more exotic markets you will not find them at Pinnacle. The focus on the major leagues (especially soccer) and have a great eSports coverage. Combined with their perfect odds you definitely need an account here, but you also need to add some more sportsbooks to enjoy betting on smaller markets as well.
Especially, eSports fans should also check out our Pinnacle eSports Sportsbook Review, where we have focused a bit more on the benefits for eSports betters.Pinnacle Review – Sports Markets Overview Pinnacle Review – Betting Odds
Most sites try to attract new customers by offering a bonus or with free bets. Pinnacle does not offer any bonus, but therefore they offer you better betting lines than most other competitors. Additionally, they are arbitrage friendly and they are known for not banning or limiting successful bettors.
However, to find the best available odds for any event, please heck our Odds Comparison Page where we provide you with an overview about the best odds for different events through different sportsbooks. You just need to check for your preferred sports event and we show you which sportsbooks currently offer the best odds.Pinnacle Review – Live Betting
Like most of their competitors they also offer live betting for most of their offered markets. Their easy-to-use platform will make it easy for all customers to enjoy the full experience and comfortable navigate through all sections and markets to find the perfect event for you.
Please take some time to also check out our sports live betting page for more information and details about live streaming in general and the best live betting sportsbooks.Pinnacle Review – Live Streaming
Unfortunately, Pinnacle does not offer any live streaming on their site yet. We expect some changes in the future, but in the meantime you can check our Sports Live Streaming section, where you will find the best live streaming sportsbooks and some more information about live streaming in general.Pinnacle Review – Payment Options
Pinnacle offers a lot of payment options, so that every customer will find a way to easily deposit into their sportsbook accounts. They also accept many international currencies which will help you to avoid FX fees for your deposits and withdrawals. The following table gives you a quick overview about the most important payment options and their fees and limits.
You can find a full overview for all our partners on our Payment Methods Overview page.Pinnacle Review – Promotions
Pinnacle has focused on offering the best odds on the market and therefore removed all bonus or promotions from their site. From time to time you will find some smaller promotions, but if you compare the odds with other sportsbooks you will quickly realize, that their fantastic odds easy compensate the lack of promotions.
About Pinnacle Sports
Pinnacle Sports is an online gambling company with a heavy focus on the sportsbook, but also offering casino games. The company has its headquarters in Curaçao and is regulated by the Government of the Netherlands Antilles. Currently Pinnacle Sports has customers in over 100 countries and is available in 19 languages.
Welcoming winning players is Pinnacle’s outstanding feature. They don’t put limits on successful bettors or ban them from their site- that has been illustrated by accepting a $1 million bet on the final of the football World Cup 2014.
The company also provides its customers with many helpful articles regarding educational betting strategies, arbitrage betting and analysis of various upcoming events in sports.A Rocky Path
Soon after pinnaclesports.com was launched, a competitor appeared and used the same software. The head of finance, marketing director and the majority of the IT team has been recruited away by a mole insider to work for the new company but Pinnacle managed to overcome that pesky situation and has become one of the highest-paying betting employers.An Innovative Business Model
Pinnacle is the employer to some of the most talented handicappers in the world, who open the betting lines on a market. The company uses advanced algorithms, taking all the necessary facts into consideration which may occur, when a customer places a bet. They main idea behind their lines movement is to reach a point, where no side is +EV and to make profit from the small markup, which is lower than what other sportsbooks have to offer. The company considers betting as a market, when being unlimited, and that’s how they came up with the idea of not putting limits on their players betting stakes, what back then appeared to be a crazy idea by many experts.Introducing Sports Betting Articles
For the sake of gathering the most profit, Pinnacle needed more excellent sports bettors to place their bets. Therefore the company decided to provide people with content in order to increase the knowledge of sports betting. They started out initially with a newsletter called the Pinnacle Pulse, with hints on handicapping, pricing props and so forth. Soon after Pinnacle Sports started publishing betting articles on their site as well.Current Situation
After leaving the US market following the UIGEA in 2007, Pinnacle started focusing on football in pursuance of targeting the European betting market- the site still remains an expert on US Sports like the NBA, NHL, MLB and the NFL. Pinnacle is the market leader in volume and facing the company’s business approach that will not change anytime soon.The Future of eSports Betting
During the last months Pinnacle has already worked hard to grow on the eSports market. They have a great coverage, fantastic odds and the highest betting limits in the industry, which attracts more and more customers. Their eSports bet count had a phenomenal growth of 127% and even 403% for live betting. eSports betting keeps growing and it is safe to say that Pinnacles’ sportsbook will be a big part on that market.
Pinnacle Company Information
Pinnacle Mobile APP Download
Pinnacle does not offer a native mobile app yet. However, with their mobile friendly website you can use any of your mobile devices to easily start betting from almost anywhere in the world and at any time of the day and night.Compatibility
Unlike some of their competitors, you can only access a mobile website, but not download any app to enjoy betting on the run with Pinnacle. However, Pinnacle has fantastic website which is easy to handle with your mobile devices. Just visit their mobile website with any mobile device through your web browser and enjoy betting from all around the world, no matter where you are right now.
App available for:
Pinnacle Sports Betting Details
Pinnacle Sports Screenshots
Pinnacle Sports Restricted Countries
Pinnacle is worldwide available, but there are still a few regions from where customers are not allowed to open an account. Check the following overview to see all regions where you are not allowed (orange) to open a Pinnacle account.About VIP-bet
VIP-bet is a new and enthusiastic sports betting community. We provide you with an all-around service including the best sports betting deals, generous promotions, in-depth sportsbook reviews, betting strategy articles, sports betting guides and much more.
Our main goal is to equip our members with content and knowledge that allows them to become successful in sports betting. In addition, we also want to keep you entertained.
Make sure to check out our VIP-bet Forums and our Video & LIve Streams, which are filled with exciting sports videos and regularly updated live streams. If you have any questions, please do not hesitate to contact us.
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