Originally Posted by
Hareeba!
I use both extensively
They are the only two books which deserve A+
Both pay up very promptly
Betfair is an exchange so will never limit you.
I've heard that Pinnacle, like all bookmakers, will limit but it seems you probably need to be a whale to attract that sort of treatment from them.
Pinnacle offers overall the best odds of any bookmaker on most major sports. But SBO and 188Bet do challenge them strongly on soccer and offer a wider coverage.
For US sports you'll find that Pinnacle will nearly always beat Betfair.
Betfair is far and away the best live betting site on the planet.
Betfair offers a far greater variety of sports and racing than does Pinnacle but on the lesser events you may struggle to get the liquidity depending on how much you want to stake.
As an exchange, you also get the opportunity at Betfair to lay (fade) and to put up offers for bets if you have time to monitor that until the event starts.
There is a lot of misinformation posted on this site about Betfair's commission structure. Far too much scaremondering about their "premium charge" which (contrary to what has been posted in this thread) affects only a very small number of traders who through their trading style manage to pay only a low commission rate (nothing to do with actual amount won). It can be managed so that one doesn't get hit with it but for 99% of players it will never be an issue at all. More importantly you pay commission only on winning bets, starting at 5% but depending on your turnover and regularity that can be reduced to as low as 2%. I pay < 3%.