|Number of slips in Betmagnet:|
|This month (2017-04):||12 116|
|Last month (2017-03):||13 800|
|1 AUD||=||0.686 EUR|
|1 BAM||=||0.512 EUR|
|1 BGN||=||0.511 EUR|
|1 BRL||=||0.291 EUR|
|1 BTC||=||1 190.004 EUR|
|1 CAD||=||0.676 EUR|
|1 CNY||=||0.133 EUR|
|1 CZK||=||0.037 EUR|
|1 DKK||=||0.134 EUR|
|1 GBP||=||1.185 EUR|
|1 HKD||=||0.118 EUR|
|1 HRK||=||0.134 EUR|
|1 HUF||=||0.003 EUR|
|1 CHF||=||0.924 EUR|
|1 ILS||=||0.252 EUR|
|1 INR||=||0.014 EUR|
|1 JPY||=||0.008 EUR|
|1 KRW||=||0.001 EUR|
|1 MXN||=||0.048 EUR|
|1 MYR||=||0.211 EUR|
|1 NOK||=||0.107 EUR|
|1 NZD||=||0.632 EUR|
|1 PHP||=||0.018 EUR|
|1 PLN||=||0.237 EUR|
|1 RON||=||0.221 EUR|
|1 RUB||=||0.016 EUR|
|1 SEK||=||0.104 EUR|
|1 SGD||=||0.658 EUR|
|1 THB||=||0.027 EUR|
|1 TRY||=||0.258 EUR|
|1 USD||=||0.919 EUR|
|1 ZAR||=||0.069 EUR|
Pinnacle does things differently to other bookmakers. While our competitors are falling over themselves to invent ever-more outlandish promotions, we are unashamedly no-gimmicks. Our unique no-nonsense approach is built on three fundamental principles.
So what has stopped other bookmakers emulating this approach? I asked our Trading Director - Marco Blume - who, in his eight years at the company, has cemented our trading philosophy.Marco, we make no secret of our approach to bookmaking, so why has our model not been successfully copied?
Running one of the world’s biggest sportsbooks means that Marco’s time is very precious and he is economical with communication, but on this subject his eyes light up and he becomes noticeably animated.
"To really answer this question it is important to understand our position in the market and modern concepts of bookmaking. What most bettors out there consider to be big-name bookmakers are in reality more like marketing machines promoting betting odds.
There is increasing competition among these marketing style bookmakers; because the risk management is off-the-shelf, the barrier to entry is relatively low. The only real differentiators are the brands themselves and their equity, which is why we have seen several challenger brands emerge with very aggressive spends for example - think EPL shirt sponsorship.
Changes to the legal landscape are making it harder for more established brands to grow internationally, so you are seeing a lot of mergers, but Pinnacle really sits outside that activity."
Marco searches for a useful analogy. “I mean, if you take a Venn diagram type approach there is some overlap between Pinnacle and that type of bookmaking but it is shrinking.
We share much more in common with the big Asian books, though it isn’t a complete overlap. We are really a hybrid because they aren’t focused on the European cash market.
I generally attend ICE in London and often hear rumours that a new book mimicking our model is looking for investment. The thing is that they would need really deep pockets” Marco reinforces the point with his hands looking for imaginary pockets “I mean really deep pockets. You know, we have been around since 1998 so we know what we are doing, we have huge volume and our models for the major sports are really tight.
Anyone looking to take us on would have to endure a long period of really expensive losses, it would be like being thrown in a shark tank.” His eyebrows raised, he seems to enjoy this analogy. “They are gonna bleed a lot you know, making expensive mistakes, trying to gain traction and volume, so the question is how long could any wanna-be rival survive in the shark-tank learning what we have built over 18 years before they get eaten up?”
eSports is a great example of Pinnacle blazing a trail and other books copying our odds but not our model. I take that as a compliment. And if any book wants to test the water, and wholly emulate our model, I wish them luck in the shark tank”
|All time||Total slips||ROI|
|This year (2017)||Total slips||ROI|
|Last year (2016)||Total slips||ROI|
|This month (2017-04)||Total slips||ROI|
|Last month (2017-03)||Total slips||ROI|
110 000.00 USD