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  #1  
Old 2nd May 2014, 02:55 PM
Pat123 Pat123 is offline
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Default Pinnacle Sports Australia

This may be old news so feel free to delete this if there's already a thread.

I had a chat today to a manager at theoddsbroker and he said Pinnacle Sports Australia is opening up soon and going to offer racing and fixed odds, and most importantly, not ban punters.

Excited.
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  #2  
Old 2nd May 2014, 03:07 PM
Chrome Prince Chrome Prince is offline
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Wow, this could really be something if it's true.
Wonder what their takeout will be though?
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  #3  
Old 2nd May 2014, 03:17 PM
Pat123 Pat123 is offline
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Not sure. Glad he said they'll work by the same model as Pinnacle usually do though and use their winning customers to sharpen their lines/odds. So far it'll be Aus racing and Sports, but I told him I'd really like international racing too at some point. We'll see..
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Old 2nd May 2014, 03:21 PM
Chrome Prince Chrome Prince is offline
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Not sure how they can get ahead of that though, the sharper bods will dump on the overlays or arbs in the last seconds?
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Video overview of RaceCensus here:
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  #5  
Old 2nd May 2014, 03:53 PM
Pat123 Pat123 is offline
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I dunno. He was adamant in stressing two things, 1) you'll be able to get set for huge limits (bigger than Topsport etc) and 2) winners are more than welcome.
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  #6  
Old 2nd May 2014, 04:16 PM
stugots stugots is offline
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If true that could put a few of the pommy blowins in a bit of strife...oh the joy
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  #7  
Old 2nd May 2014, 04:34 PM
UselessBettor UselessBettor is offline
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Pinnacle just make a book and adjust their lines very quickly and correctly. They do an amazing job of getting the lines right. Movements on their odds can be quick and rapid though so overlays don't hang around for long.
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  #8  
Old 2nd May 2014, 04:40 PM
Chrome Prince Chrome Prince is offline
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IF and a massive IF, they use the same takeout as exists in their models, it will blow all competition including Betfair out of the water for good.
You'll be able to back horses without levy, premium charges, and at reduced commission. How on earth will they get around the horseracing levy though?
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  #9  
Old 2nd May 2014, 04:48 PM
Pat123 Pat123 is offline
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Yes, he said they will be using the same models. He said they have the license for Pinnacle Sports AU and mentioned things should get off the ground in a few weeks. Anything can change though, so I've asked to be emailed with updates. I'll put them here.

Last edited by Pat123 : 2nd May 2014 at 04:51 PM.
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  #10  
Old 9th May 2014, 12:28 AM
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Website testing starts next week. Their aim is to be up and running for the World Cup.
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