They claim to not limit winners. Anyone expperiencing anything opposite to this?
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Personally, I've never heard of Pinnacle doing either, but there are exceptions for everything it seems.
They are very wary of anybody trying to be "sneaky", for lack of a better term. Years ago (Summer of 2004) they used to offer minor league baseball lines, and one day I hit a soft line repeatedly. I imagine others did the same, as I was sent an email informing me that my balance was being consficated and I was being given the boot. Apparently they thought that I was part of some sort of syndicate ring, or maybe using multiple accounts, as this minor league line was being bashed repeatedly by a few people. Anyway, it was quite a long time ago so I forget all the details, but I was eventually able to plead my innocence and am still with them to this day.
Point is, they will banish those they feel are circumnavigating the rules. I've also heard of people wagering on a very obvious incorrect line and then being given 2 choices: Have the wager cancelled and remain with Pinnacle; Or keep your wager but forfeit your account once they send you your balance.
Apart from situations like the above, by all accounts they will take people's action for as long as an account is active, regardless of how much is won.....
SBR Founder Join Date: 9/21/2005
I vaguely remember something about a player getting booted from their racebook however, I can't remember all the details that surrounded the case though.
SBR Founder Join Date: 8/10/2005
I think they will hedge against sharp players and big bets on BetFair so actually make moneyoff the sharps. They have shit hot traders!!!! its not difficult, say a sharp punter bets 10,000 on a soccer match at 2.1, the traders just get a better price of say 2.12 on betfair. so they are guarenteed a profit. dunno how it all works with the 60% pc at betfair.
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SBR TRIVIA WINNER 05/21/2012
SBR Founder Join Date: 9/13/2005
Pinnacle has different limits for different people. Their profiling and weighting of the action they take in and when to move is what makes them so efficient. In most cases the limits are always considered high and if someone bets 20k they can bet 20k again after the line move.
SBR Founder Join Date: 7/12/2005
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SBR TRIVIA WINNER 05/21/2012
of course they would you idiot,
if pinny are making a few ticks or more every trade they would hit the profit amount in no time which would trigger the 60% pc. they will have losses but i believe they have the best traders in the business.
explain to me how they wont pay it? if they make a few ticks every trade?
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SBR TRIVIA WINNER 05/21/2012
SBR Founder Join Date: 9/13/2005
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SBR Founder Join Date: 8/10/2005
When talking about limits it's worth to note that limits for fresh accounts are determined by the affiliate used. For example I have around 35k NFL limit, those who opened using SBR banner have around 51k and my friend has over 57k limit. Is there anyone having over 60k limit?Pinnacle has different limits for different people. Their profiling and weighting of the action they take in and when to move is what makes them so efficient.
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SBR TRIVIA WINNER 05/21/2012
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SBR TRIVIA WINNER 05/28/2012
I was 'asked' not to bet on handball any more!
I never actually made money from Pinnacle in these markets (good ol' variance) but managed to hit 3 or 4 exceptional early numbers which they didn't like.
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I am going back 7 or 8 years and the limits were only in the region of GBP 300 (USD 500 I guess).
The principal of allowing your early lines to be shaped is fine in markets with liquidity but how much action (bear in mind very few people in Europe had even heard of Pinnacle back then) do you think they would have taken on a typical handball match?
I agree that it was surprising they didn't do a).
SBR WORLD
POKER CUP
2nd Place
2012
CHARITY DONOR
11/30/2011
$25 donation
SBR Founder Join Date: 8/10/2005
Do you remember how did you open your account? How long have you been using it?70k here.
BAUS
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SBR TRIVIA WINNER 05/21/2012
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SBR TRIVIA WINNER 05/28/2012
SBR Founder Join Date: 8/10/2005