Is Pinnacle Legit

It is one of the oldest sportsbook platforms founded in 1998. It is believed to be one of the best platforms for professional bettors. Unfortunately, it is restricted in such countries as the US, the UK, Australia, France, Germany, and some other countries, but you can enjoy betting if you live in other countries, for example, in Canada or in South Korea. Overall, the website has a good reputation and it is suitable for professionals and beginners.

1. Is Pinnacle Mystery Shopping Legit
2. Is Pinnacle Recovery Legit
3. Is Pinnacle Game Profiler Legit
4. Is Pinnacle Lending Legit

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4.4/5.0 Overall Rating

• 4.5 Esports Offered
• 4.3 Customer Service
• 4.4 Deposit Options
• 4.5 Player Value

About

Is Pinnacle Mystery Shopping Legit

If most sportsbooks platforms offer to bet on traditional sport, the Pinnacle site has become one of those rare cases where you can start betting on eSports. It still offers a lot to fans of some major sports like soccer, basketball, tennis, hockey, football, etc., but the Pinnacle eSports category offers more eSports options than other similar platforms. It has its advantages and disadvantages and you will find more about them from this Pinnacle review.

How Does Pinnacle Work?

If you want to start betting, you need to create an account and to attach a credit card or electronic wallet so you can make deposits and withdrawals anytime you need. On the main page of the Pinnacle betting site, you will see a row of betting options – sports betting, live in-play, casino, live casino, Pinnacle eSports, etc. You can choose one of those categories to get access to what you need.

For people’s convenience, the developers of Pinnacle have categorized sports due to the alphabetic order. It’s an A-Z category and you can use it for quicker and simpler access to the betting options you are looking for. If you look at the Pinnacle app, it is pretty simple and modern, it is easy to understand how to use it and you can easily find all the sports you need. Overall, Pinnacle seems to be a website where beginners and professionals can gain the best value.

Welcome Bonus

The owners of Pinnacle believe that bonuses do not grant the best value for users (new and constant users), so they have reduced the margins for the customers which means that the odds are up to sixty percent better than on other platforms. Yes, they don’t offer a Pinnacle bonus at all, not even a Pinnacle welcome bonus. It is odd but some players like it.

Location & Age Restrictions

The official registration is in Curacao, Netherlands Antilles. Surprisingly, the Pinnacle betting website does not work in such countries as the US, the UK, Germany. It offers the most popular kinds of sports in the US to bet on, but the bettors from the US can’t use the website. It is restricted in some other big countries like Russia, France, Poland, but you can bet in most of the Asian countries, like South Korea, Japan, etc. As for the age, you can bet only if you are 18 years old.

eSposts Games Offered

It has a bigger variety of eSports options than other similar platforms. For example, you can find in a Pinnacle eSports category such games as Warcraft 3, Hearthstone, Rocket League, World of Tanks, etc. Compared to other platforms that offer only Dota 2, League of Legends and some other major eSports, Pinnacle offers a lot more than that. The Pinnacle reviews claim that it is one of the most diverse platforms for betting on eSports.

Types of Bets

You can bet on regular sports as well as on eSports from the list. Additionally, Pinnacle offers most types of bets to meet the preferences of all the bettors. For example, you can bet once (a single bet) on an outcome of a football match. You can also choose from props, futures, accumulators, etc., bets.

Pinnacle Registration

It’s a simple, several step process where you need to enter the required by Pinnacle information such as your email address, password, etc. You won’t need to enter the telephone number or zip code, or other details, only the country you are living in and details mentioned above. Then you can opt to add your payment method to the account you have just created.

Promotions and Bonuses

As it was mentioned above, Pinnacle does not offer a bonus, not even a welcoming bonus that is so common for sportsbook platforms and some casinos. If you were hoping that you can gain a bonus right after registration, then this is not the case. But don’t be discouraged right away since the platform offers better odds than most other similar sites for betting online.

Special Features

The best thing about Pinnacle is that it is extremely informative. If you are a beginner and you don’t know how to bet and how to gain the best value, you can check out such categories as Betting resources (it is placed at the end of the line where you can find regular sports betting, casino, eSports, etc.). You will find some extremely useful resources about how to bet, what types of bets there are, how to gain the best value out of betting, etc. You can find some betting tools as well and the instruction of how these betting tools can help you in the future.

Deposit and Withdrawal Options

For making a deposit, you can use credit/debit cards (free of charge), Bitcoin, PayPal, Webmoney (it uses fees sometimes), Qiwi (a 2% fee on deposits), and some other methods (you will see the list when adding the payment method in the account). Usually, the minimum deposit is $10 or $25, maximum of 100 dollars.

As for the withdrawal options, you can still use some mentioned above options such as use credit/debit cards (but you will have to wait up till one day to gain your money), Qiwi, Bitcoin, etc. The minimum you can withdraw is 10$ in most cases, while other companies have slightly higher minimum withdrawal restrictions. Bank Wire is surprisingly strict, and it might take up to 10 days to get your withdrawal. In other cases, they are instant.

Privacy and Security

The website has a privacy policy which you can read before using the site. If you are taking it seriously, you can also read the Terms and Conditions. But you should know that Pinnacle has a safe Internet connection which disables attempts to steal your information, such as passwords and logins, SVV code, and other details that you use while adding a credit/debit card or electronic wallet to your account. The software is pretty good, and it doesn’t seem that it has huge liabilities that can negatively affect the work of the platform.

Customer support

The customer support is always there for you to help. You can check out the Frequently asked questions section to gain more info about Pinnacle, or you can contact the support team by starting a chat. If you don’t need an immediate answer, just write an email by using the contacts described below on any web page of the site.

Pros / Cons

Pros

It offers the best odds.
Some withdrawals can be gained in less than 5 minutes.
Great support team.
Lots of tools and resources for bettors.
You can rebet (within a limit).

Cons

It is restricted in some major countries.
They could use a promotion program.

Conclusion

Pinnacle odds are the highest among all sportsbook platforms. Even though Pinnacle does not have any promotions, not even for new or old bettors, the odds are worthy of your attention. It is believed that the odds on Pinnacle are the best or nearly the best compared to all other similar services. The site is simple and offers various tools and feeds for new players to use and gain a better understanding of how to bet and be successful.

Pinnacle Rules

The main rule is to register an account only if you are older than 18 years. You shouldn’t use any bugs of the system to your advantage (better to report it if you notice it), or to use software that can give you some advantage over other players (especially in the casino). The platform is restricted in some countries. If it is restricted in your area, you won’t be able to access Pinnacle, or it will show a message that they can’t offer services in your country.

Pinnacle Welcome Bonus

Unfortunately, there is no Pinnacle bonus, not even a welcoming bonus. The only money you can grab is the real money you win. The developers of the sportsbook platform have decided that it would be better to offer better odds rather than some bonuses that you can claim only once or twice. But it is up to you to decide whether it is a good thing.

FAQ

Is Pinnacle Safe?

It seems that Pinnacle is a protected website with a safe Internet connection for safe payments. But you should always be aware that some people might try to get access to your account by deceiving you. If you have a suspicion that someone is trying to deceive you by getting some information from you, report this behavior to the support system.

Is Pinnacle Legal?

Yes, it is legal, it has the license to operate in most countries that do not restrict the sportsbook platform. In some countries, this kind of business is illegal, so these countries forbid users to access the website. But it doesn’t mean that Pinnacle itself is illegal. It is a quality sportsbook with lots of things to offer to professionals and beginners.

Does Pinnacle Has Games?

Yes, Pinnacle has a casino (live too), and some slot games, plus some mobile games for your entertainment. The website doesn’t have a ton of these games since the main focus is the eSports and betting on regular sports. But is Pinnacle good? It certainly is.

Is Pinnacle Recovery Legit

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.

Is Pinnacle Game Profiler Legit

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]

Is Pinnacle Lending Legit

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]

1. ^pinnacle.com Pinnacle Sports rebrands to Pinnacle
2. ^dotweekly.com Pinnacle Sports acquires Pinnacle domain
3. ^After Pinnacle, It's All Downhill From Here, washingtonpost.com, 17 January 2007, accessed 18 April 2009.
4. ^Pinnacle Sports Review, esports-betting.pro
5. ^www.pinnacle.com Malta License Press Release
6. ^Entraction CustomersArchived 2009-04-22 at the Wayback Machine.
7. ^Pinnacle Poker closed due to updates to EU poker regulation^{[permanent dead link]}.eog.com, July 20th, 2011
8. ^Zalik, Dejan (9 February 2017). 'Pinnacle Reaches Massive Milestone In Esports Betting With Five Millionth Bet Placed'. EsportsBets.com. Retrieved 14 February 2017.
9. ^Pinnacle first to offer betting on Drone Racing
10. ^Internet Law - Implementation of the 2006 Unlawful Internet Gambling Enforcement Act is Coming, ibls.com, 8 October 2007, accessed 18 April 2009.
11. ^Pinnacle Sports stops accepting U.S. bets, casinocitytimes.com, 11 January 2007, accessed 18 April 2009
12. ^Offshore Gambling Site Stops Taking U.S. Bets, bloodhorse.com, 12 January 2007, accessed 18 April 2009.
13. ^Pinnacle Sports halts US horse racing service, reviewed-casinos.com, 19 December 2008, accessed 19 April 2009.