I heard it through the grapevine that they are no longer going to offer reduced juice. I guess it has been a tough year for them if this indeed the case for Pinnacle. Anybody else hear about this?
Pinnacle losing its reduced juice?!
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the bossSBR High Roller
- 09-10-05
- 106
#1Pinnacle losing its reduced juice?!Tags: None -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#2Just an April Fools joke.Comment -
the bossSBR High Roller
- 09-10-05
- 106
#3That is a very good one. I am feeling like quite the fool for buying that one! I like their style.Comment -
Winston SmithSBR Wise Guy
- 09-26-05
- 752
#4This just in: McDonald's will no longer offer fries.Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#5Originally posted by Winston SmithThis just in: McDonald's will no longer offer fries.
BTW, that is not an April fools joke eitherComment -
adrianoSBR MVP
- 11-10-05
- 1081
#6those lessons he is taking are begining to take effectComment -
BigDogSBR Sharp
- 12-09-05
- 452
#7Originally posted by the bossI heard it through the grapevine that they are no longer going to offer reduced juice. I guess it has been a tough year for them if this indeed the case for Pinnacle. Anybody else hear about this?
Come on Boss!!:0000045:
Just kidding,I was fooled earlier myselfComment -
pags11SBR Posting Legend
- 08-18-05
- 12264
#8almost just had a heart attack...glad it's not true...Comment -
imgv94SBR Posting Legend
- 11-16-05
- 17192
#9man I was ready to cry! Thank God it is not true..Comment -
onlookerBARRELED IN @ SBR!
- 08-10-05
- 36572
#10That would of been a bummer if it were true. Hell it isnt even April 1st yet, this should be interesting tomorrow.Comment -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#11It was Pinny's April Fools joke. They let us all know it was coming but drama queen roberto had to be first to report it and basically ruined it. Well, at least he was first at reporting something.Comment -
BigDogSBR Sharp
- 12-09-05
- 452
#12Originally posted by SBR_JohnIt was Pinny's April Fools joke. They let us all know it was coming but drama queen roberto had to be first to report it and basically ruined it. Well, at least he was first at reporting something.
:0000037:Comment -
RazzSBR Hall of Famer
- 08-22-05
- 5632
#13Here's the full thing:
PINNACLESPORTS.COM TO CHANGE BUSINESS MODEL
Online Sportsbook Admits Error In Offering Reduced Juice On All Sports
WILLEMSTAD, CURACAO (April 1, 2006)-Leading online sportsbook
PinnacleSports.com today announced that the company will be changing its'
business model by no longer offering reduced juice wagering on sporting
events that offers bettors up to 60% better value than other sports books.
Following advice from management consultants, Pinnacle will begin offering
traditional 20 cent lines on all major sports immediately - a major change
from the current low margin betting options, but one that will increase
profits substantially at the player's expense.
"Although we pioneered reduced margin wagering, the recent figures
reported by numerous companies that deal a 20 cent line or higher have
made us realize we're simply giving our customers too good a deal," said
Simon Noble of PinnacleSports.com. "This is a dramatic shift in our
business model, but the bottom line is that we will make more money from
bettors this way. We believe all our customers who have benefited from our
low juice offerings will continue to bet with Pinnacle even though they'll
no longer save so much money on every bet they make. Instead, low juice
wagering will be replaced by a 'Pinnacle Pussycats' swimsuit calendar and
a regular column from a former playmate, while our linesmakers will be put
to work devising ways of dealing dual lines and moving on air
effectively."
In addition to restructuring betting margins, PinnacleSports.com has also
decided to reduce betting limits to a maximum limit of $200 per bet. The
executive team has also stipulated that Pinnacle Sports will be
implementing a no wise-guy and no syndicate policy. With the Final Four
and start of baseball season this weekend, Pinnacle has determined that
the best way to proceed in the future is to open betting on sporting
events only an hour or two before the game starts so that the line can be
sharpened elsewhere.
"We've thoroughly examined the marketplace and after meeting with
management consultants, we realize it makes sense to not only increase the
juice, but to also decrease wager limits, discourage professional players
and only give bettors an hour or two to bet on games before they start,"
continued Mr. Noble. "While we opened betting on the Final Four games
before the conclusion of the Florida/Villanova game Sunday, that will be a
thing of the past, as we hope to follow in the footsteps of the
trendsetters that guarantee to open betting by mid-day before an event."
To kickoff the business restructuring, PinnacleSports.com plans on
throwing an extravagant party at a nightclub in Curacao headlined by C and
D list celebrities. Additionally, the company is in negotiations to
produce a made for TV miniseries set to air at 3 a.m. on Saturdays on
public access television. Pinnacle has also announced its intentions to
purchase a fleet of Harley Davidson motorcycles using the company's
increased profits generated at the player's expense so that Mr. Noble can
appear at various events around the country with the 'Pinnacle Pussycats'.
For more information, please visit www.pinnaclesports.com.Comment -
RazzSBR Hall of Famer
- 08-22-05
- 5632
#14I was especially amused by the thought of them implementing a $200 max bet.Comment -
imgv94SBR Posting Legend
- 11-16-05
- 17192
#15Seemed to me they were subliminally mentioning Bodog. Dual lines
and regular columms from playmates. hmmmComment -
Winston SmithSBR Wise Guy
- 09-26-05
- 752
#16Originally posted by imgv94Seemed to me they were subliminally mentioning Bodog. Dual lines
and regular columms from playmates. hmmm
I don't think there was anything [subtle] about it.Comment -
MudcatRestricted User
- 07-21-05
- 9287
#17I try to have a sense of humor but that was just wrong. Some things in this world are sacred.
Motherhood, low juice at Pinnacle . . .
I guess that's about it.Comment -
IllusionRestricted User
- 08-09-05
- 25166
#18I almost fell out of my chair, but then I remembered what day it is, whew!!!Comment
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