My sources are telling me that there's a lot of story telling on this site
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12-25-12 05:49 PM #36
Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: svenodds
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12-25-12 05:57 PM #37
I think news like this (even if two months old) is something to be alert to, but not alarmed. Take out unnecessary funds that might just be sitting around in your Pinnacle account (a matter of good order anyway to do wherever). That way if in the unlikely event that something was to occur at Pinnacle you would get away with a smaller hit than you otherwise would have.
Nomination(s):This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Optional
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12-25-12 06:35 PM #38
It's a dream to play @ Pinnacle one day. Would hate to see them go down.
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12-25-12 06:46 PM #39
I was under the impression this may have been in jest. Maybe I was wrong.
Pinny isn't going anywhere. They have solid management that knows how to run a book and have equity and revenue.
BI's was always risky because of Jon. The book outgrew what he was able to manage given his knowledge and experience and there was little to no risk management. Jon's incompetence doomed BI.
Fortnately, Pinny doesn't suffer this misfortune.
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12-26-12 02:54 AM #40
Pinnacle is not at all going down, it is all a proforma of bookmaker review process to get their facts straight....
http://www.bookmakersreview.com/book...s-rating/47954
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12-26-12 07:07 AM #41
You can't compare BI to Pinnacle
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12-26-12 01:18 PM #42
In the last few weeks, several readers have asked me why BMR suspended Pinnacle Sports rating and if they still are a safe bookmaker to play with.
Bookmakers Review, unlike its more renowned competitor Sportsbook Review, has always taken the rating process seriously, applying a consistent policy that sees us suspend a rating every time the information we used to derive it becomes invalid or when the conditions that until then determined the rating ceased to exist.
In the specific case, the suspension of Pinnacle Sports rating doesn't mean BMR believes Pinnacle is having problems, but that following the arrest of the company's owners and confiscation of funds in the US, the company had never abandoned that market and the agent system and now we cannot anticipate what will happen to the bookmaker in the coming future.
While personally I root for Pinnacle to remain a leading online bookmaker, it would be irresponsible to ignore what happened in New York and Nevada in October.
Those sports betting portals and forums that at this time keep on recommending their readers to open up accounts with Pinnacle Sports as if nothing happened are not privy to inside information that BMR doesn't have, but more simply have advertising deals in place and recklessly continue to line up their pockets.
Pierluigi Buccioli
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