Why has another Pinnacle not come along?

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  • LordVodka
    SBR Hall of Famer
    • 08-17-09
    • 5206

    #36
    Originally posted by JBC77
    I remember that. Someone told me they took it in the rear the time they offered that Steelers stunt. If you were a forum member with a dime....you were all over that. Friends who didn't even gamble or play on line thanked me for that.
    What Steelers stunt? What did they do?
    Comment
    • PharaohUB
      SBR MVP
      • 01-23-07
      • 4865

      #37
      Originally posted by LordVodka
      What Steelers stunt? What did they do?
      For all those people who find it more convenient to bother you with their question rather than to Google it for themselves.
      Comment
      • fitguy67
        SBR Hall of Famer
        • 03-13-11
        • 5082

        #38
        a sustained intelligent discussion...in Players Talk?

        don't know what parallel universe this thread is in...but i like it
        Comment
        • TheCentaur
          SBR Hall of Famer
          • 06-28-11
          • 8108

          #39
          I don't understand why betmaker doesn't get more liquidity
          Comment
          • allin1
            SBR MVP
            • 11-07-11
            • 4555

            #40
            good bump and some great posts in here.
            Comment
            • skrtelfan
              SBR MVP
              • 10-09-08
              • 1913

              #41
              mansion had done promos like that before for english soccer. they probably gave away 10 different free $100 bets on english games before that nfl season, maybe more. the steelers promo was their way of getting big in the us. their owner was loaded so he didn't mind the publicity. mansion got ****** because the uigea happened right afterwards and they had to leave the us market.
              Comment
              • wrongturn
                SBR MVP
                • 06-06-06
                • 2228

                #42
                Pinnacle's model in bookmaking market is like Walmart in retail market. There is only one Walmart, same reason there can only be one Pinnacle.
                Comment
                • TheMoneyShot
                  BARRELED IN @ SBR!
                  • 02-14-07
                  • 28672

                  #43
                  Excellent bump. Seems so easy to put a second Pinnacle together... but... apparently they were the best for US Players.
                  Comment
                  • Bigbill365
                    SBR MVP
                    • 06-22-12
                    • 4572

                    #44
                    Pinnecale is fuked i hear the FBI is going to be shutting them down and Confiscating Bank accounts i would be very weary of putting money in there what they did is highly illegeal Money Laundering,Bookmaking etc its not something to turn your checks at.
                    Comment
                    • fitguy67
                      SBR Hall of Famer
                      • 03-13-11
                      • 5082

                      #45
                      Originally posted by Bigbill365
                      Pinnecale is fuked i hear the FBI is going to be shutting them down and Confiscating Bank accounts i would be very weary of putting money in there what they did is highly illegeal Money Laundering,Bookmaking etc its not something to turn your checks at.
                      and the thread jumps back into the sbr-universe we all know (and love??)...oh well, it was magic while it lasted
                      Comment
                      • j$
                        SBR MVP
                        • 03-07-08
                        • 3831

                        #46
                        F Pinnacle..It's all about Sobieski.ha
                        Comment
                        • CHUBNUT
                          SBR Sharp
                          • 06-30-09
                          • 321

                          #47
                          Once again Americans think they're the centre of the Universe. Asian & Europeans betting soccer etc make US bettors a drop in the Ocean, especially if you include the casino side of things.
                          Comment
                          • trytrytry
                            SBR Posting Legend
                            • 03-13-06
                            • 23650

                            #48
                            Originally posted by DrunkenLullaby
                            Wow, this plus JC's post means that 2 of the most insightful posts I have EVER read both come in the same thread. to both you guys.
                            ah the memories...
                            Comment
                            • swordsandtequila
                              SBR Hall of Famer
                              • 02-23-12
                              • 9757

                              #49
                              Originally posted by CHUBNUT
                              Once again Americans think they're the centre of the Universe. Asian & Europeans betting soccer etc make US bettors a drop in the Ocean, especially if you include the casino side of things.
                              The opinion of one is not the opinion of all. Your post is no more insightful (or correct) than his.
                              Comment
                              • belvedere86
                                SBR Wise Guy
                                • 08-19-10
                                • 910

                                #50
                                pinny down right now?
                                Comment
                                • wantitall4moi
                                  SBR MVP
                                  • 04-17-10
                                  • 3063

                                  #51
                                  Originally posted by swordsandtequila
                                  The opinion of one is not the opinion of all. Your post is no more insightful (or correct) than his.
                                  except his is true
                                  Comment
                                  • swordsandtequila
                                    SBR Hall of Famer
                                    • 02-23-12
                                    • 9757

                                    #52
                                    Originally posted by wantitall4moi
                                    except his is true
                                    STFU, unless you know all 300+ million people who live in the US.
                                    Comment
                                    • wantitall4moi
                                      SBR MVP
                                      • 04-17-10
                                      • 3063

                                      #53
                                      Originally posted by swordsandtequila
                                      STFU, unless you know all 300+ million people who live in the US.
                                      WTF are you talking about?

                                      He is right that Pinnacle isnt even a top 3 book probably in terms of handle. So what does that have to do with knowing everyone in the US. And by the way there are over 350 million people here now so you might want to go buy an almanac from this century.
                                      Comment
                                      • swordsandtequila
                                        SBR Hall of Famer
                                        • 02-23-12
                                        • 9757

                                        #54
                                        Originally posted by Bigbill365
                                        Pinnecale is fuked i hear the FBI is going to be shutting them down and Confiscating Bank accounts i would be very weary of putting money in there what they did is highly illegeal Money Laundering,Bookmaking etc its not something to turn your checks at.
                                        Originally posted by CHUBNUT
                                        Once again Americans think they're the centre of the Universe. Asian & Europeans betting soccer etc make US bettors a drop in the Ocean, especially if you include the casino side of things.
                                        Originally posted by swordsandtequila
                                        The opinion of one is not the opinion of all. Your post is no more insightful (or correct) than his.
                                        Originally posted by wantitall4moi
                                        except his is true
                                        Originally posted by swordsandtequila
                                        STFU, unless you know all 300+ million people who live in the US.
                                        Originally posted by wantitall4moi
                                        WTF are you talking about?

                                        He is right that Pinnacle isnt even a top 3 book probably in terms of handle. So what does that have to do with knowing everyone in the US. And by the way there are over 350 million people here now so you might want to go buy an almanac from this century.
                                        My post that you quoted was in response to CHUBNUT, read it again. Apparently you misunderstood. 300+ means 300 plus, i.e. over 300.
                                        Comment
                                        • HoulihansTX
                                          BARRELED IN @ SBR!
                                          • 02-12-09
                                          • 30566

                                          #55
                                          SBR Sportsbook
                                          Comment
                                          • Full Time Hobo
                                            SBR MVP
                                            • 05-16-10
                                            • 2778

                                            #56
                                            Awesome bump.
                                            Well... the first page is worth reading anyway.
                                            Comment
                                            • statictheory
                                              SBR Hustler
                                              • 08-27-10
                                              • 76

                                              #57
                                              Originally posted by JC
                                              Bookmaking is not Pinnacle's primary business. Pinnacle is a betting operation that masks itself as a bookmaking operation. Any money they make booking is gravy.

                                              The people behind Pinnacle could make money laying 110, so instead they opened up a book and now they get +105 on the same games they would be happy to lay 110 on. That drops their break even from about 54% to around 48%.

                                              They move the lines to attract the action they want. If they have no opinion they try to play it as neutral as possible and settle for the low hold any other bookmaker would earn from the same low juice line.
                                              Also, with their big money they can do this: (im using -110 juice for the example) take in 110,000 to win 100,000k
                                              on the favorite, and only take 55,000 to win 50,000 on the dog. If dog wins they profit 60,000, and if favorite wins
                                              the lose 45,000. In effect they are laying 45k to win 60k, with break even at roughly 43%. That is a license to print
                                              money .
                                              Comment
                                              • Inkwell77
                                                SBR MVP
                                                • 02-03-11
                                                • 3227

                                                #58
                                                Comment
                                                • Sawyer
                                                  SBR Hall of Famer
                                                  • 06-01-09
                                                  • 7761

                                                  #59
                                                  Originally posted by JC
                                                  Bookmaking is not Pinnacle's primary business. Pinnacle is a betting operation that masks itself as a bookmaking operation. Any money they make booking is gravy.

                                                  The people behind Pinnacle could make money laying 110, so instead they opened up a book and now they get +105 on the same games they would be happy to lay 110 on. That drops their break even from about 54% to around 48%.

                                                  They move the lines to attract the action they want. If they have no opinion they try to play it as neutral as possible and settle for the low hold any other bookmaker would earn from the same low juice line.
                                                  Agreed %100

                                                  Comment
                                                  • CHUBNUT
                                                    SBR Sharp
                                                    • 06-30-09
                                                    • 321

                                                    #60
                                                    Originally posted by Sawyer
                                                    Agreed %100

                                                    If that was true why have they not taken the -120 Stoke +0.5 goals available at 3 outlets who would take at least 2.5K each while they post +127 -0.5. ?
                                                    Comment
                                                    • Robber
                                                      SBR Hall of Famer
                                                      • 10-21-09
                                                      • 6432

                                                      #61
                                                      Originally posted by statictheory
                                                      Also, with their big money they can do this: (im using -110 juice for the example) take in 110,000 to win 100,000k
                                                      on the favorite, and only take 55,000 to win 50,000 on the dog. If dog wins they profit 60,000, and if favorite wins
                                                      the lose 45,000. In effect they are laying 45k to win 60k, with break even at roughly 43%. That is a license to print
                                                      money .

                                                      but they are not having -110 lines
                                                      Comment
                                                      • Sawyer
                                                        SBR Hall of Famer
                                                        • 06-01-09
                                                        • 7761

                                                        #62
                                                        Originally posted by CHUBNUT
                                                        If that was true why have they not taken the -120 Stoke +0.5 goals available at 3 outlets who would take at least 2.5K each while they post +127 -0.5. ?
                                                        2.5k? Are you kidding me?

                                                        I doubt they will bother themselves for anything under 100k..maybe higher.

                                                        In addition, there may be situations where they have no opinion/lean.
                                                        Comment
                                                        • statictheory
                                                          SBR Hustler
                                                          • 08-27-10
                                                          • 76

                                                          #63
                                                          Originally posted by Robber
                                                          but they are not having -110 lines
                                                          no kidding.........
                                                          Comment
                                                          • pipita17
                                                            SBR Sharp
                                                            • 07-17-12
                                                            • 393

                                                            #64
                                                            Originally posted by statictheory
                                                            Also, with their big money they can do this: (im using -110 juice for the example) take in 110,000 to win 100,000k
                                                            on the favorite, and only take 55,000 to win 50,000 on the dog. If dog wins they profit 60,000, and if favorite wins
                                                            the lose 45,000. In effect they are laying 45k to win 60k, with break even at roughly 43%. That is a license to print
                                                            money .
                                                            why dont you do same thing like they did?
                                                            Comment
                                                            • sickler
                                                              SBR Posting Legend
                                                              • 06-05-08
                                                              • 15006

                                                              #65
                                                              You guys shouldn't hold your breath waiting for Cohen to return to the thread for more insights.

                                                              Though he was quick to slam books in public for their unethical practices, he pulled a disappearance act once WSEX started having problems paying players.

                                                              JC, what's up with WSEX?
                                                              Comment
                                                              • wrongturn
                                                                SBR MVP
                                                                • 06-06-06
                                                                • 2228

                                                                #66
                                                                JC missed a big point that, other than a few games that Pinnacle might have a lean before opening lines, for the vast majority of games, they only become more knowledgeable by analyzing the pattern of bets coming in. Other books can not compete with Pinny on this because they don't attract that much of volume (except bookies focusing on soccer/non-US games).
                                                                Comment
                                                                • statictheory
                                                                  SBR Hustler
                                                                  • 08-27-10
                                                                  • 76

                                                                  #67
                                                                  Originally posted by pipita17
                                                                  why dont you do same thing like they did?
                                                                  because im not a bookie...
                                                                  Comment
                                                                  • uncynd
                                                                    SBR Wise Guy
                                                                    • 10-14-11
                                                                    • 798

                                                                    #68
                                                                    What I like most about pinny is the simple ease of use; you want a payout...no problem, 24hrs later you have it. Beautiful, and any book grade A+ on this site should conform to that rule first and foremost. SBR ratings are a plain and simple joke, there is only one A+ and it's because they payout and they don't screw you around.
                                                                    Comment
                                                                    • paranoyd androyd
                                                                      SBR Hall of Famer
                                                                      • 10-01-11
                                                                      • 6459

                                                                      #69
                                                                      Originally posted by statictheory
                                                                      Also, with their big money they can do this: (im using -110 juice for the example) take in 110,000 to win 100,000k
                                                                      on the favorite, and only take 55,000 to win 50,000 on the dog. If dog wins they profit 60,000, and if favorite wins
                                                                      the lose 45,000. In effect they are laying 45k to win 60k, with break even at roughly 43%. That is a license to print
                                                                      money .
                                                                      their margins are a lot tighter than that
                                                                      Comment
                                                                      • byronbb
                                                                        SBR MVP
                                                                        • 11-13-08
                                                                        • 3067

                                                                        #70
                                                                        Originally posted by uncynd
                                                                        What I like most about pinny is the simple ease of use; you want a payout...no problem, 24hrs later you have it. Beautiful, and any book grade A+ on this site should conform to that rule first and foremost. SBR ratings are a plain and simple joke, there is only one A+ and it's because they payout and they don't screw you around.
                                                                        This is what makes them #1. Their banking situation is obviously AAA+. Honest as an old lady.
                                                                        Comment
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