Pinnacle Sports Horse Racing

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Pinnacle Sports Horse Racing Rating: 4,8/5 958 reviews

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Pinnacle Sports
Pinnacle Sports Horse Racing Replays
Pinnacle Sports Horse Racing Handicapping

The Pinnacle API is the most mentioned feed, Pinnacle is a web based gaming site that was established in 1998. Since its commencement, Pinnacle has become a medium-sized, completely authorized, online sportsbooks. Pinnacle Sports rebranded to Pinnacle on June 1, 2016 in the wake of gaining the pinnacle.com space name

Pinnacle API Status:

Pinnacle odds feed API is Available
IP should be whitelisted by Pinnacle

The highlight of this Pinnacle Sports review is the fact that the bookmaker has much lower. 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.

Sportsbook Coverage:

Soccer, Tennis, American Football, Baseball, Basketball, Boxing, Cricket, Cycling, Darts, E-Sports, Futsal, Gaelic Sports, Golf, Greyhounds, Hockey, Horse Racing, Ice Hockey, Lotteries, Motor Racing, Pool, Rugby League, Rugby Union, Snooker, Virtual World, Volleyball, Winter Sports, Handball, Bandy, Combat Sports, Curling, Floorball, Netball, Surfing, Table Tennis, Trotting, Water Polo.

e-sports:

Dotta2, cs-go, King of glory, League of legends (LOL), CS-GO, Overwatch, Quake, StarCraft , StarCraft II.

Virtual sports:

Horse racing, soccer, cricket, motor racing, speedway, trotting, darts, cycling, american football, tennis and greyhounds.

Pinnacle
Type	Private
Industry	Online gaming
Founded	1998
Headquarters	Curaçao
Products	Sportsbook, Casino
Website	www.pinnacle.com

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. 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.

Pinnacle Sports

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.