Best Odds for Online Sports Betting at Pinnacle Sports Including Open Championship Odds & Womens World Cup Final Odds. Get the best odds for online sports betting at Pinnacle Sports including the British Open golf, Copa America, and the Women's World Cup semi-finals from Germany. We offer the best online wagering on all major sports; gamble with best odds on tennis, soccer, baseball, hockey and basketball.
Pinnacle Sports (also known as Pinnacle) is an online gaming website that was founded in 1998 and is operated by Pinnacle Sports Worldwide. Since its inception, Pinnacle Sports has become one of the world’s largest, fully licensed, online sportsbooks. Presently, the company has customers in over 100 countries and is available in 14 different languages. 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." Although it has never been confirmed by Pinnacle, former Intertops founder and WWTS executive Simon Noble is believed to be their CEO.
Pinnacle Sports is located on the island of Curaçao, and is fully licensed and regulated by the Government of the Netherlands Antilles, which also functions as the regulating body for the gaming industry. Regulation requires that Pinnacle Sports must maintain sufficient funds to be able to honor the winnings of their customers at all times.
When Pinnacle Sports began trading in 1998, most gaming companies used bonuses to lure potential customers. Rather than offer sign up or reload bonuses, Pinnacle Sports 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 Sports 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 Sports is able to operate under this pricing model by posting opening 'overnight' lines with smaller limits. This allows Pinnacle Sports to shape their lines according to the betting activity of 'sharp' bettors without exposing the book. According to Noble, these early, low limit bets ultimately allow Pinnacle Sports to offer betting limits with confidence as high as $50,000 or more on selected games with their low margin pricing model.
Although Pinnacle Sports is best known for its sports betting service, Pinnacle Sports has also operated an online casino since September 2004. The online casino is offered as an instant play Flash client providing players with a 0.3% rebate on every casino game bet regardless of the outcome of the game.
The site offers the following casino games, in cash, high stakes cash and a free play format:
* Blackjack
* Baccarat
* Craps
* Roulette
* Pontoon[disambiguation needed]
* Video Poker
* Pai Gow Poker
* Stud Poker
* Oasis Poker
* Hold’em Poker
* Three Card Stud Poker
* Single Line Slots
* Multi-line Slots
* Progressive Slots
* Keno
Pinnacle Sports publishes monthly independent auditor’s reports to support a claim for providing one of the highest payout percentage levels in the industry.
TAGS
online gambling, poker, sports betting, online poker, sportsbook, online casino, online betting, sports odds, live betting, football betting, casino, online poker
No comments:
Post a Comment