| Type | Private |
|---|---|
| Industry | Online gaming |
| Founded | 1998 |
| Headquarters | Curaçao |
| Products | Sportsbook, Casino |
| Website | www.pinnacle.com |
The sportsbook is easily Pinnacle Sports' strongest area. They have an online casino too, though, with games provided by Multislot and Global Gaming Labs (GGL). Multislot provides all the standard casino. Pinnacle Sports is definitely a unique online sportsbook worth checking out. Although it doesn't have big bonuses and flashy promotional campaigns, it does have low margins and other perks.
- The website has a huge selection of tutorial articles and answers to the most commonly-asked questions that deal with all areas and aspects of the company and the sportsbook. Pinnacle – Payouts.
- Pinnacle has over 20 years experience offering the best odds and highest limits online. Bet today to discover why we are the choice for serious bettors. Welcome to Pinnacle.
Pinnacle (formerly known as Pinnacle Sports) is an online gaming website that was founded in 1998. Since its inception, Pinnacle has become a medium-sized, fully licensed, online sportsbook. Pinnacle Sports rebranded to Pinnacle on June 1, 2016[1] after acquiring the pinnacle.com domain name.[2]
Presently, the company has customers in over 100 countries and is available in 19 (including international English) different languages. Political bet site. While most of the company information, including number of employees and gross revenues are kept private, Michael Konik, author of The Smart Money, believes 'it would not be out of line to guess that their [Pinnacle Sports] annual handle is in the billions of dollars.'[3]
Pinnacle headquarters are located on the island of Curaçao of the Kingdom of the Netherlands, and the group is fully licensed and regulated by the Government of the Netherlands Antilles (license number: 8048/JAZ2013-013),[4] which also functions as the regulating body for the gaming industry. On March 19, 2015 Pinnacle announced the award of a Class II Remote Maltese Gaming Licence,[5] MGA/CL2/1069/2015 for the provision of sports betting.
Regulation requires that Pinnacle must maintain sufficient funds to be able to honour the winnings of their customers at all times.
Reduced margin pricing[edit]
When Pinnacle began trading in 1998, most gaming companies used bonuses to lure potential customers. Rather than offer sign up or reload bonuses, Pinnacle became the first sportsbook to introduce a reduced margin pricing model or reduced juice, thus deriving profit from lower margins but a far higher turnover. Pinnacle began offering -105/-104 ($1.95-$1.96) prices on head-to-head match odds and spreads, significantly undercutting the standard -110 ($1.91) pricing model that was used by its competitors.
Pinnacle is able to operate under this pricing model by posting opening 'overnight' lines with smaller limits. This allows Pinnacle to shape their lines according to the betting activity of 'sharp' bettors without exposing the book. These early, low limit bets ultimately allow Pinnacle to offer betting limits with confidence as high as $50,000 or more on selected games with their low margin pricing model.
In an episode of The Sopranos, Tony is informed by a hospital neighbor (a shot rapper) that the neighbor got down a $50,000 bet on a boxing match they were watching at favorable odds from 'Pinnacle, man..Pinnacle!'
Casino[edit]
Although Pinnacle is best known for its sports betting service, Pinnacle has also operated an online casino since September 2004.
The site offers the following casino games, in cash, high-stakes cash and a free play format:
- Oasis poker
- Hold'em poker
- Three card stud poker
- Single line slots
- Multi-line slots
- Progressive slots
Poker[edit]
In August 2008, Pinnacle entered the online poker realm, in hopes of taking advantage of the online poker phenomenon. Pinnacle's poker room was run and operated by Entraction software. The same poker network is used by other online gaming websites, such as Betdaq, I4Poker and Redbet.[6]
In June 2011, Entraction informed Pinnacle that due to changes in EU gaming regulation their Curaçao license was no longer accepted. Pinnacle closed their poker room on 13 June 2011 stating 'the steps required to remain within the Entraction Network will necessitate a significant commitment for Pinnacle Poker. Given that our current focus is on developing our leading Sportsbook and Casino products, we have decided not to pursue the necessary changes.[7]
eSports[edit]
In 2010, Pinnacle was one of the first global bookmakers to offer odds on eSports. What began initially as an experiment quickly turned into a major market which has doubled in size for four consecutive years (2010 to 2014). According to Pinnacle, eSports is now the 7th largest market for them in terms of volume, exceeding regular sports like golf and rugby. Pinnacle reached the milestone of a total of one million eSport bets in December 2014, and five million in February 2017.[8] In the rank of money volume wagered, in 2018 the eSports has become the fourth most popular sport and could clinch number two in a few years.
Drone racing[edit]
In 2016 Pinnacle was the first bookmaker to offer odds on drone racing.[9] On October 5 Pinnacle announced:
Starting with the 2016 Drone Racing World Championships first event at the Kualoa Ranch in Hawaii (October 20–22) Pinnacle will initially offer odds on the outright winner to gauge interest in the market.
Exit from US market[edit]
On January 11, 2007, in what was considered a controversial move, Pinnacle voluntarily announced that it would no longer accept wagers from customers based in the United States in accordance with the Unlawful Internet Gambling Enforcement Act of 2006, which was passed on September 30, 2006. The law, which was a last minute addition to Security and Accountability For Every Port Act, stipulates that 'participants in designated payment systems to establish policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit transactions in connection with unlawful Internet gambling.'[10] At the time, Pinnacle Sports posted the following message to their U.S. based customers:
After careful consideration, Pinnacle Sports has chosen to voluntarily exit the U.S. market. Accordingly, wagers will no longer be accepted from clients within the U.S. as of Thursday, January 11, 2007.
At the time of the announcement, nearly 60-65% of Pinnacle's customers were based in the United States.[11] Passage of the legislation led Pinnacle to have problems with transactions involving US banks.[12] Shortly after the decision, an executive at Pinnacle was quoted as saying: 'When the U.S. focuses on something and says 'Enough,' and when they go to war, no individual company can possibly win in a fight of this nature.' The executive also reportedly said that 'since the Internet Gambling Bill went into effect, we have lost the ability to do business with many quality banks.'
After the decision, Pinnacle teamed up with World Sports Exchange (WSEX) to offer their US based customers an alternative to their website. At customer's requests, Pinnacle willingly transferred all money left in US based accounts to new accounts at WSEX.
On December 19, 2008, Pinnacle ceased offering odds on North American horse racing. Although no official reason was given, it is believed this decision was made due to ongoing pressure from the U.S. government, as well as a general decline in interest from their non US based customers.[13]
Notes[edit]
Pinnacle Sportsbook Odds
- ^pinnacle.com Pinnacle Sports rebrands to Pinnacle
- ^dotweekly.com Pinnacle Sports acquires Pinnacle domain
- ^After Pinnacle, It's All Downhill From Here, washingtonpost.com, 17 January 2007, accessed 18 April 2009.
- ^Pinnacle Sports Review, esports-betting.pro
- ^www.pinnacle.com Malta License Press Release
- ^Entraction CustomersArchived 2009-04-22 at the Wayback Machine.
- ^Pinnacle Poker closed due to updates to EU poker regulation[permanent dead link].eog.com, July 20th, 2011
- ^Zalik, Dejan (9 February 2017). 'Pinnacle Reaches Massive Milestone In Esports Betting With Five Millionth Bet Placed'. EsportsBets.com. Retrieved 14 February 2017.
- ^Pinnacle first to offer betting on Drone Racing
- ^Internet Law - Implementation of the 2006 Unlawful Internet Gambling Enforcement Act is Coming, ibls.com, 8 October 2007, accessed 18 April 2009.
- ^Pinnacle Sports stops accepting U.S. bets, casinocitytimes.com, 11 January 2007, accessed 18 April 2009
- ^Offshore Gambling Site Stops Taking U.S. Bets, bloodhorse.com, 12 January 2007, accessed 18 April 2009.
- ^Pinnacle Sports halts US horse racing service, reviewed-casinos.com, 19 December 2008, accessed 19 April 2009.
- Great selection of high-value lines.
- High customer satisfaction.
- Large cashouts and max bets.
With over 20 years of operation, Pinnacle is known is a premier international bookmaker with an ever-growing, loyal customer base. Unlike some sportsbooks that restrict players who are on a winning streak, Pinnacle encourages players to go big or go home. With stand-out features like high betting limits, generous withdrawal maximums, and some of the best MLB lines available, you'll want to bet with Pinnacle.
Simple, legitimate, and straight to the source, Pinnacle doesn't mess around. They are one of the only sportsbooks who accept Arbitrage betting and they have some of the biggest betting amounts for a range of sports like soccer, tennis, NBA, and NFL. Pinnacle betting review we feature the most eye-catching points that any new sports bettor should be aware of below signing up.
Pinnacle Bonuses
Banking at Pinnacle
Banking with Pinnacle has never been easier, they offer a multitude of safe deposit and payout options. From apps like Trustly that have a minimum deposit of $10 with zero deposit fees where transactions can be processed within a few minutes. Pinnacle also offers the most recognizable secure deposit methods that you'll recognize like Visa, Debit, InstaDebit, and Bitcoin.
Deposit Options
Depending upon what currency you chose, the ways to fund your account vary. That said, the options are vast, and fee-free in most cases. Some of Pinnacle's deposit methods allow you to start with a minimum deposit of $10, while $25 is the norm for credit card payments. Bank transfers and debit options are also available. The process is simple, easy and quick.
- Minimum Deposit: $10
- Payment Options: Credit card, bank wire, debit card, bank transfer, Bitcoin, Neteller, WebMoney, Trustly, local transfers, iDebit, EcoPayz, Neosurf, MuchBetter
- Supported Currencies: USD, GBP, EUR, AUD, CAD, RMB, CZK, DKK, HKD, JPY, MYR, MXP, NZD, NOK, PLN, RUB, SGB, KRW, SEK, TWD, THB
The minimum and maximum deposit amount to remain the same between US dollars and Euro. There is a small fee attached to some providers such as iDebit and InstaDebit, however, these sites are perfect for those players whose credit or debit cards don't allow betting transactions.
| Depositing Options | Minimum Deposit | Maximum Deposit |
| Bank Wire | $100 | No maximum |
| Bitcoin | $10 | $10,000 |
| Credit Card | $20 | $5,000 |
| EcoPayz | $10 | Based on account limits at the payment provider |
| iDebit | $50 | $3,000 |
| InstaDebit | $10 | $2,500 |
| MuchBetter | $10 | Based on account limits at the payment provider |
| Neosurf | $20 | $250 |
| Skrill | $10 | Based on account limits at the payment provider |
| Trustly | $10 | $50,000 |
| WebMoney | $20 | $250 |
Payout Options
A minimal fee, usually between $15 to $30 is tacked onto most payout methods, and you can withdrawal almost instantly. Not to mention, they're reliable and speedy with withdrawals. Maximum payouts vary by method, but most can be extremely high compared to industry standards. Find the payout times listed below:
- Bitcoin: Up to 24 hours
- Credit Card: Within minutes
- iDebit: Within minutes
- InstaDebit: Within minutes
- Skrill: Within minutes (withdrawals over €7,000 or equal value may require longer processing times)
- EcoPayz: Within minutes (withdrawals over €7,000 or equal value may require longer processing times)
- WebMoney: Within minutes
- NeoSurf: Within minutes
- Trustly: Up to 3 business days
- MuchBetter: Undetermined
- Bank Wire: Up to 5 business days
With all these payment options coming in with fast payout times, there is also a way to avoid the payout fee as it's important to note that each Pinnacle customer receives one free withdrawal per calendar month.
| Payout Options | Minimum Deposit | Maximum Deposit |
| Bank Wire | $15 | No maximum |
| Bitcoin | $10 | $2,750 per 24hrs |
| Credit Card | $100 | $5,500 |
| EcoPayz | $10 | Based on account limits at the payment provider |
| iDebit | $50 | $20,000 |
| InstaDebit | $10 | $2,500 |
| MuchBetter | $10 | Based on account limits at the payment provider |
| Neosurf | $20 | $250 |
| Skrill | $10 | $60,000 |
| Trustly | $10 | $50,000 per 24hrs |
| WebMoney | $12 | $19,000 |
Sportsbook Features
Pinnacle has a ton of betting lines for every sport, regardless of it being major or minor. List of off strip casinos in las vegas. You can find everything from football lines to Crossfit odds. They have a very large section dedicated to eSports and are the industry leader in both odds and selection. Speaking of numbers, Pinnacle is without rival when it comes to limits. No site on the web takes larger bets. They welcome professionals and embrace arbitrage. Shop for lines, drop a dime, win a fortune with no risk of getting booted out.
NFL games are frequently offered at -105 for both teams and college football can be found near the same vig. If you bet with any sort of volume or stakes, reducing the takeout is better than any bonus you'll ever find. Furthermore, they pay out better than the industry average on parlays and teasers. Pinnacle is a sportsbook for people who take gambling seriously and understand how limits, vig, and selection impact your bankroll month to month.
As you would expect from a site that recognizes the importance of their industry, they have a large selection of in-game wagering, an easy-to-use platform, and frequent articles that are more than just filler. The articles offer some good points and handicapping analysis.
The racebook was eliminated several years ago after declining interest and that allowed the site to dedicate more resources to other niche sports. Their casino is fun with a good selection of slots, video, and card games. The live casino consists of Roulette, Hold'em, Baccarat, and Blackjack. They offer a standard cashback program for casino losses.
Pinnacle Site Experience
Pinnacle represents the future of sports betting with an easy-to-use, intuitive navigation and a layout that makes sense. To make matters better, the site runs quickly and remains consistent.
Pinnacle's site is uncomplicated and can be navigated through almost effortlessly. The user interface is simple and prioritizes betting over flashy, distracting graphics. Visually, it's one of the best sportsbooks to date. Here's what to expect when you use Pinnacle:
- Betting Interface: Extremely user-friendly
- Mobile Betting: Yes
- Betting App: None
- Live Sports Betting: Yes
- Live Stream: None
The Pinnacle homepage defaults to the sportsbook, displaying the live games and the highlights of upcoming events. It's easy enough to navigate to your preferred sport through the sidebar on the left which is organized by Top Sports then has a list of all sports below.
Along with the sportsbook, Pinnacle has the following sections: Live In-Play, Casino, Live Casino, Virtual Sports, Esports, and Betting Resources.
You can customize your betting experience in your account settings under ‘Preferences,' whereby you can set odds format, date format, time zone, and language to your preferred mode. The best features within the Preferences section are the options to always bet the maximum amount, use a default stake amount, or the option to always accept better odds—our favorite.
Mobile Betting
Pinnacle's mobile site is a direct reflection of the desktop version, as it should be. The platform is user-friendly and gives bettors the chance to place live wagers, top-up their account, or browse through the odds available. Overall Pinnacle offers a superb mobile-optimized site that's very easy to navigate between sports.
Live Betting
Though Pinnacle has live betting available in the sports betting section, at the time of this review, the live in-play section is under construction. That being said, making in-play wagers within the sports betting section is an absolute breeze. By no means is the selection massive, but for major sports and eSports, there are enough options to hold your interest.
Customer Service
Pinnacle Sportsbook Usa
Pinnacle has stepped up their customer service game in a huge way. They now offer all the standard ways of getting in touch with a talented team to assist you every step of the way. They also offer a laundry list of helpful hints. Here's how you can contact Pinnacle:
- Service Hours: 24/7
- Phone: +599 9433-8725
- Live Chat: Yes
- Email: customerservice@pinnacle.com
- Languages: English, Spanish, Norwegian, Italian, German, Russian, Portuguese, Chinese, Finnish, Swedish, Hebrew, Thai, Japanese, Polish, French
Pinnacle's dedicated and friendly customer service team is available via an international phone number, live chat, and email. Each medium has well-versed representatives who are attentive, polite, and helpful.
If you have a basic question, look in the Help section. It's thorough and will likely provide you with an answer if you don't want to interact with customer support.
Another contact option is social media. Pinnacle actively posts odds movement and supplemental content on Twitter and Facebook. You can find how-to articles, links to their podcast episodes, and a ton of miscellaneous betting material while you're waiting for a response.
License Jurisdiction
Pinnacle Sportsbook Review
*All bonus offers have different Terms & Conditions. Visit the operator's web site for full details.
