June 2018 Safest Betting Sites
Pinnacle Sports Betting Summary
Pinnacle Sports is legendary in the bookmaking world, both offline and online. They have the largest betting limits in the world and the sharpest odds around. They’re also by far the largest bookmaker in the world to offer reduced juice markets.
They take more volume than any other sportsbook in the world, which allows them to operate with extremely low margins. For those that understand the value of reduced juice and line shopping, Pinnacle is sports betting heaven.
Pinnacle is one of the pioneers of reduced juice betting markets, the major reason for their extreme rise in online betting markets. Established in 1998, Pinnacle rose from a small betting shop in Curacao to a world leader, accepting the biggest bets on the planet. Pinnacle is still based where it all began in 1998. The government of Curacao is also where they are licensed through the Netherlands Antilles Gaming Commission. Their license is currently, and always has been, in good standing.
Other Pinnacle Offerings
They offer a full-service online casino and live casino in addition to their sports betting options. Pinnacle did offer online poker, which originally launched in 2008, but closed their room in 2011 due to changes in European Gaming laws concerning Curacao gaming licenses.
Pinnacle left the United States on January 11, 2007, after the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in September of that year. At the time, the sportsbook took an estimated 60% of their action from players based within the United States.
They also have left several high-profile markets, mostly due Curacao gaming licenses not being accepted by British and European regulators. In addition to the U.S., they do not accept residents from the United Kingdom, France, Turkey, the Netherlands, and Denmark. Pinnacle is one of the few large sportsbooks that is a privately owned company. They are one of the few bookmaking giants that aren’t publicly traded.
A Personal Opinion on Pinnacle Sportsbook
What We Like About Pinnacle Sports
Pinnacle’s reputation speaks for itself. The sportsbook not only is the world leader when it comes to sports betting, but they have a flawless withdrawal and payout record. It’s almost universally known by sports bettors, both profitable bettors and the general betting public that Pinnacle is the market mover. If Pinnacle’s lines change, the rest of the market follows their move. Sharp sports bettors attack the sportsbooks that don’t follow Pinnacle’s leans.
Since the sportsbook almost never limits or bans players, the sharps who bet at Pinnacle help them do their job. The sharpest sports bettors and betting syndicates wager at Pinnacle, which helps them shape their lines. They also take a massive amount of betting action, which allows them to lock in profit, even while taking bets from some of the sharpest players that the sports betting world has to offer.
Players who can’t bet at Pinnacle, like those from the United States can still benefit heavily by looking at Pinnacle’s odds, removing the juice and finding odds that beat the no-vig price at recreational sportsbooks. For those that can bet at Pinnacle, their reduced juice odds are fantastic provided you’re an experienced handicapper. The value of reduced juice, particularly with their large betting limits, is a combination that bettors won’t find anywhere else online.
They’re also fairly innovative. Pinnacle is eager to offer odds on sports that other sportsbooks haven’t yet adopted. They were one of the first sportsbooks to offer odds on Esports, and certainly the largest. Also, more than any other sportsbook, they’re eager to share information. They have a betting articles section on their site, and unlike many other sportsbooks across the web that offer a blog or betting content – they’re content is truly valuable. Their articles are well worth a read.
What We Don’t Like About Pinnacle Sports
Pinnacle’s fixture at the top of betting markets does make them an excellent choice for those who properly understand line shopping and value when it comes to sports betting. However, it is vital to realize that their odds, even with the benefits of reduced juice added, are still extremely sharp.
They’re the most efficient market in the world. With their massive betting limits and nearly endless action, Pinnacle can’t afford to make a mistake with their lines. Essentially, what we are getting at here is that Pinnacle is still extremely sharp. They’re not easy to beat. They won’t shade their lines towards public betting action like many recreational sportsbooks do across the board. These guys simply don’t make many mistakes.
If there’s perhaps one negative about Pinnacle, it’s that they don’t offer a bonus. We go over why better odds are worth more than bonuses, but for bettors that are into bonus whoring or absolutely need a bonus to deposit – then Pinnacle is not for them.
One other area that they’re slightly weak is variety of markets. They have all the usual markets for just about every sport, such as parlays, teasers, etc., but when it comes to props and exotics, they can be a little weak in some spots. For instance, they no longer offer player propositions for NFL football. If you’re looking for sheer volume with betting markets and lots of variety, Pinnacle isn’t going be your top choice.
Pinnacle Sports Betting Highlights
Interface and Odds
Pinnacle utilizes the ASI software platform for their betting interface. Many sites use this software, but they have made so many enhancements that their interface is far superior to pretty much any other sportsbook that uses ASI. It may be the best looking and easiest to use bookmaker online today.
As explained above, odds at Pinnacle are extremely sharp. Their parlay and teaser the odds are right in line with the industry standard. They don’t have quite as many options as other sportsbooks when it comes to these bet types, but for most bettors, their bet types will be more than enough.
Live betting options are plentiful. There isn’t a ton of betting markets sides and totals (although, this varies depending the sport), but Pinnacle provides in-play betting odds on just about every sport where they have pre-match odds. Their live betting interface is one of the best as well. It’s simple to use and fast.
Although they may not have as many betting markets or options, there are few sports that are unable to bet wagered on at Pinnacle. Politics, Magic the Gathering, eSports, and Chess, are just some of the smaller markets available. Every major North American and European dominates betting markets and garners most of Pinnacle’s handle, but for those who want to have something to bet around the clock – Pinnacle meets that need as well.
Gargantuan Wagering Limits
Pinnacle’s betting limits are highest in the world. They have accepted wagers into the millions of dollars on large events, such as the World Cup and European Cup. Management at Pinnacle Sports has “no collar” on their markets, meaning there is no maximum wager on most markets.
For instance, for NFL sides, the maximum amount that bettors can wager per ticket is $30,000 on sides, $10,000 on moneylines, and $10,000 on totals. However, once they bet the maximum on their ticket, they can immediately wager the maximum amount again and so on.
Although, it is important to note that the odds may change or adjust once players bet the maximum amount allowed on a particular market. Pinnacle is happy to take all of your betting action, but once you get down big money, there’s a decent chance you may not get the price that you had from the start.
Though, it’s worth noting that the odds changing have a lot do with who you are. If a sharp bettor is pounding one side, he can expect the odds to adjust after a max ticket wager. However, if a rich businessman is betting big money, the odds probably won’t adjust because managers don’t respect his action.
Their maximum amount per betting ticket does vary quite a bit. Major sports are in the tens of thousands, but team total propositions or small market sports drop significantly. Betting limits for the English Premier League are going to be a lot higher than those for Romania Liga 1. Some sports have limits of just a few thousand dollars, and some exotics are capped at under $1,000.
They’re the ultimate sportsbook for the high limit bettor, but they don’t leave the low stakes player behind. Their minimum bet is $1.00 for all markets. Pinnacle’s huge betting limits are a big reason they might bet the safest sportsbook in history. Any bookmaker that has been around since 1998 and takes million dollar wagers is about as safe as they come in the sports betting world.
Pinnacle Sports Email-Only Customer Support
Our emails to Pinnacle have been answered promptly, usually within the hour or faster. Those who are concerned that they don’t have a phone number or live chat don’t need to worry. Their small team with solely email support is better than 99 percent of all other bookmakers out there.
Pinnacle Sports Cashier Options
Pinnacle accepts almost two dozen currencies, including United States Dollars. Cashier options will vary depending where you’re located, but there are more than enough options to satisfy most players no matter where you reside.
Visa and MasterCard allow players to deposit instantly using their credit or debit card. Although, compared to other options, the maximum amount players can deposit using there is quite small. This isn’t much if you’re looking to take advantage of Pinnacle’s massive betting limits. However, they offer plenty of options for high limit bettors.
Most bettors will want to utilize e-wallets if they wish to deposit tens of thousands of dollars. Pinnacle accepts up to $50,000 via Neteller per transaction. Skill limits are based on your history but are similar. Bank transfers and wires are not instant but have no maximum for most currencies.
PaySafeCard is one of the few methods that comes with a fee for depositing. All transactions using this method have a 3.45 percent fee on the deposit amount. We don’t recommend PaySafeCard due to a plethora of other options, and because of their high fees and a low maximum limit.
Almost every deposit option is available for a withdrawal option for players. Fees and methods will still vary by country. Most methods are free to withdraw, but depending on your currency there may be a small fee. For instance, almost all withdrawals via USD are free, but payouts for Pound Sterling come with a £8 fee across the board.
Bank wires have no minimum or maximum or withdrawal amount. They are processed in less than 24 hours on business days, but will take slightly longer to reach player accounts. Neteller withdrawals are processed in a matter of minutes if they are $10,000 or less. The maximum amount per transaction is $50,000.
The Market Maker – Overall Impression
Pinnacle isn’t just a large bookmaker that takes massive wagers. They’re the ones that shape worldwide betting markets. If Pinnacle Sports moves their odds, the market follows. They’re the sharpest sportsbook in the world, and it’s not close. Bettors can save a lot wagering their reduced lines, but it’s not easy to beat them because their markets are so efficient.
However, if you do manage to start winning on Pinnacle, you won’t be limited or banned. As far as security and safety of funds, there might not be a better sportsbook than Pinnacle Sports. They treat players with the utmost respect, have never slow-paid or no-paid a single player and process payouts faster than the vast majority of bookmakers.
Best Betting Site Alternative to Pinnacle Sports
100% Up To $100 Bonus
- Lots of promotions throughout the year.
- Betway Plus rewards program for players.
Best Betting Site Alternative to Pinnacle Sports
50% Up To $250 Bonus
- Soft Odds Compared to Other Sportsbooks
- One of the Fastest Sites to Process Payouts