Pinnaclesports withdrawal fees....are you kidding me ?

Originally Posted by OTL

It's not that bad. If you read rule #30 you can still withdraw your funds any time you want, they just charge a 3% processing fee if you don't first complete a 5x rollover. This is to protect them from excessive transaction fees by arbers that shift money around a lot.

Don't see what the big deal is here.

suggest you read what they did to Real1992

I have no sympathy for the arbers who deposit, make one bet and withdraw but Pinnacle has itself to blame for openly encouraging arb business and now they hit the genuine players when all they needed to do was slug the arbuses with the fee.

Originally Posted by moron

Pretty clear that pinnacle had too many guys depositing and withdrawing funds while only rolling over their funds once. How can pinny make any money with their low margins off these guys with the costs incurred by the e-wallets?

I cant see that they would have many players only depositing and withdrawing once a month? Arbers will be using Pinnacle many times a week!!

Originally Posted by dealer wins

... Arbers will be using Pinnacle many times a week!!

No longer I would think.

arbers generally lose at pinnie side over the long run so it wont affect that much . arbers are also good at money management so unlikely to get stuck with all their funds in pinnie

Arbs don't lose at Pinny long run like you think..it use to be that way but lines have gotten tighter and other books not dealing weak numbers as much. If Pinny lean won nobody would work.

i dont think JJ

Try playing the lean with pinnacle and see how well you will do

I had good liens and got wiped out

Originally Posted by OnkelChris

At the end of the day it is just the logical consequence of massive abusing of the cashback promotions skrill and neteller were running. Greed eats brain. A lot of guys just think in short-term maximizing their profits without reconsider the consequences. Well now you got your "fukk you" from pinnacle.

Pinnacle deposits are excluded from qualifying for Skrill cashback promotions - would this not indicate that Pinnacle benefit from lower transaction rates than the rest of the marketplace? Due to their volume?

lets be honest all you non Americans will still play there

stop kidding yoursleves

Originally Posted by jjgold

Try playing the lean with pinnacle and see how well you will do

I had good liens and got wiped out

What markets are you talking about?

Not that it surprises me. Leaving the us market reduced their volume on major us sports significantly. Sharp professional betters from USA will find ways to get their action into pinnacle, but the decreased overal volume on these sports probably resulted in lower limits (on us sports) for the sharps. Eventually this will mean they will find other places to play and as a result their action becomes less sharp as they will play it somewhere else first.

As to the soccer market, pinnacle is not yet setting the lines in the market.

Don't get me wrong, there are some smart people running the lines at P and they are catching up fast on the soccer market, but I have a feeling their us sports lines are not as good as they used to be.

If u can't beat the books, then don't even bother about 3% withdrawal fee.
Let's say u deposit 20k in and win at +110, 3% is nothing and u still win.

The reason of pinnacle losing US players is more legit to charge this fee.

People who beat the books are rare. They are earning big bucks over u fishes.

Originally Posted by FlyingKite

People who beat the books are rare. They are earning big bucks over u fishes.

Some may be but I think most of us work on very thin margins and paying an extra 3% to withdraw our own funds puts a huge hole in our edge.

Much preferable to play at agencies which offer pretty well equivalent value odds and don't sting you for making a withdrawal.

Pass the Duchy you are correct their lines are overrated as far sharpness

People think that pinnacle lean works long-term and I don't think it does anymore


Hareeba just keep your money in the until you rollover as there is no need to keep withdrawing money from there if you have a solid bankroll

Originally Posted by Hareeba!

Some may be but I think most of us work on very thin margins and paying an extra 3% to withdraw our own funds puts a huge hole in our edge.

Much preferable to play at agencies which offer pretty well equivalent value odds and don't sting you for making a withdrawal.

I don't understand something. You said that you used to make only one withdrawal per month at pinny. Now you are upset about the 5x condition. Didn't you used to rollover your deposit at least 5 times ? You were making just a handful of bets per month with pinny?

Originally Posted by allin1

I don't understand something. You said that you used to make only one withdrawal per month at pinny. Now you are upset about the 5x condition. Didn't you used to rollover your deposit at least 5 times ? You were making just a handful of bets per month with pinny?

Correct. I've managed very well with keeping it to one withdrawal per month. I would probably average a couple of bets per day at Pinnacle. But at times I've had bad runs and made a few deposits in a month at times.
However, as pointed out several times, the danger is that if one loses a significant part of a deposit, Real1992s experience suggests that you are still required to turnover what you've lost another 4 times before you are able to make a free withdrawal. Still waiting for Pinnacle or SBR to address that issue.
Yes, perhaps I can manage that issue by tying up money at Pinnacle for a long time but it doesn't invalidate my response to FlyingKite.