Odds and limits are constantly reducing at Pinnacle

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ozangumus
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ozangumus

Odds and limits are constantly reducing at Pinnacle
« on: January 13, 2018, 11:37:35 AM »

I noticed limit and odd drops at most of the leagues which has match at today in PIN.

These leagues are :
Cyprus (old : ah:1.93-1.93 & ou:1.92-1.92 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
South Africa (old : ah:1.92-1.92 & ou:1.91-1.91, only limits are halved)
Qatar (old : ah:1.94-1.94 & ou:1.94-1.94 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
Saudi (old : ah:1.94-1.94 & ou:1.94-1.94 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
UAE (old : ah:1.94-1.94 & ou:1.94-1.94 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
Egypt (old : ah:1.94-1.94 & ou:1.94-1.94 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
Costa Rica (old : ah:1.92-1.92 & ou:1.92-1.92 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
Iran (old : ah:1.92-1.92 & ou:1.92-1.92 - new : ah:1.92-1.92 & ou:1.91-1.91, also limits are halved)
North Ireland (odds are same = ah:1.93-1.93 & ou:1.92-1.92, only limits are halved)
Netherlands Jupiler (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Turkey 1st League (old : ah:1.94-1.94 & ou:1.94-1.94 - new : ah:1.94-1.94 & ou:1.93-1.93, limits are same)

It seems this odd and limit drop will not be limited with these leagues. What I understand PIN will reduce its limits and odds in most of world leagues. In general limits are reduced to about 205 Euros from 410 Euros and odds are reduced to 1.91-1.91 from 1.94-1.94. Means 0.03 less at each side for ah and ou.

As you probably noticed PIN start to announce odds very late compared to SBO, ISN, IBC and SING at starting with 2017. PIN was offering 700 Euro limit in Jamaica, El Salvador, Panama, Guatemala and Honduras leagues at 2016, they reduced limits to 80 Euros at 2017. Gibraltar League limits are also reduced to 80 Euros from 350 Euros at 2017. Also they are not announcing odds for "Wales Premier League" or they announce odds just minutes before matches start even this league is not that minor.

Unfortunately it seems they are slowly evolving to a basic euro bookie for since 2016. Of course still they are way better than craps like Bet365, Expekt, Bwin, Betway, Interwetten which limits winners. However they are far away from their old quality. What do you think about this situation? Who else noticed that? Betting is not only about major leagues. If PIN is biggest betting company they have to offer good offers also at minor leagues also. I always respected them because of their wide and brave offers. Gambling should not be only good for companies. I think if this continues in the future exchange markets with lower comission (like BETDAQ) will be more useful and they can take lead in betting industry. We can open better odds than PIN and SBO there and we can beat their odds easily because these bookies started to take less risk compared to old days. SBO also reduced their limits at minor leagues in last 2 years like PIN do. However exchange markets need to be more populated and they need to work well with agents they need to reduce their comission so more users can use them.

Lastly if PIN holds odds higher their market can be more populated and they can create higher turnover. However reducing odds will also make their system not working well which is explained here : https://www.youtube.com/watch?v=ml1E2f1sTrY

They need more people betting all possible outcomes to make high volume and so high profit. What they need is getting attract of people still betting at limiting fraud eurobookies which has also lower odds. Reducing odds or limits are not solution. They need more customers, maybe more advertisement, maybe more markets like UK.
« Last Edit: January 03, 2019, 04:20:30 PM by ozangumus » Logged
Samael
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Samael

Re: Odd and limit drops at Pinnacle
« Reply #1 on: January 13, 2018, 09:08:47 PM »

Not my field but i heard few guys complaining about that.,some minor leagues with 1k limits were also cut down to 400 i think.
My guess this leagues get trashed by sharp players,and they dont attract enough interest to bring back the money later,so i guess they want to
tighten up a bit
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ozangumus
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ozangumus

Re: Odds and limits of minor leagues are reduced at Pinnacle
« Reply #2 on: January 16, 2018, 01:04:37 PM »

Update (01/15/2018) :

They saved their old high odds and standard limit (410 Euros) at most of below leagues :

England League 1 (odds are same = ah:1.95-1.95 & ou:1.94-1.94)
England League 2 (odds are same = ah:1.95-1.95 & ou:1.94-1.94)
England National (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Holland Jupiler (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
France National (odds are same = ah:1.94-1.94 & ou:1.93-1.93)
Belgium Proximus (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Portugal LigaPro (odds are same = ah:1.94-1.94 & ou:1.93-1.93)
Greece Super League (odds are same = ah:1.95-1.95 & ou:1.94-1.94)

Given odds and limits are early market odd and limits. At matchday hours before matches start limits can increase. For example currently Egypt Premier League limits for today's matches are 615 Euros (3x compared to opening limits). However it was 1230 Euros one week before at same situation. At least they are not reducing all non-major league odds and limits.

Update (01/22/2018) :

Today I saw Belgium Jupiler League and Mexico Primera League limits are 205 Euros at Pinnacle for next weekend matches. At my limited PIN account limits were 102 Euros (it has 1/2 limits compared to normal PIN accounts). Its a shame for PIN for such a low limit for a major league. Such big clubs like Anderlecht and Club Brugge is playing at that league. How they announce limit as 205 Euros for even normal accounts? At the same time SBO limits were 624 Euros, SING limits were 1000 Euros, IBC limits were 412 Euros. Also they continue reducing limits and odds this week too, here are new changes :

Belgium Jupiler League (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Romania Division 1 (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Scotland Championship (odds are same = ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
Scotland League One (old : ah:1.95-1.95 & ou:1.94-1.94 - new : ah:1.94-1.94 & ou:1.93-1.93, only limits are halved)
Scotland League Two (odds are same = ah:1.94-1.94 & ou:1.93-1.93, only limits are halved)
Germany 3. Liga (old : ah:1.95-1.95 & ou:1.94-1.94 - new : ah:1.94-1.94 & ou:1.93-1.93, also limits are halved)
Mexico Primera League (odds are same = old : ah:1.96-1.96 & ou:1.95-1.95, only limits are halved)
Czech Synot League (odds are same = old : ah:1.95-1.95 & ou:1.94-1.94, only limits are halved)
« Last Edit: January 30, 2018, 11:15:31 AM by ozangumus » Logged
ozangumus
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ozangumus

Re: Odds and limits of minor leagues are reduced at Pinnacle
« Reply #3 on: January 03, 2019, 04:19:55 PM »

After one year Pinnacle again dropped their odds last week in lots of leagues. I am posting one sample odd drop. For example at "Romanian Liga 1" odds are dropped to 1.90-1.90 from 1.94-1.94 and this is not only happened in Romania. Pinnacle constantly reducing their quality in market for 2-3 years. Otherwise others (Isn, Sing, Sbo, Ibc) are now way better compared to them. Exchange market volumes are also increased in last 1-2 years after major bookies drop their odds. I hope more people start using exchanges by time. After last odd drop Pinnacle odds are now very close to even eurobookies in most leagues. As an ex Pinncale fan now I think they are not lead / best bookie in market anymore.



As seen here Pinnacle odds are just 0.03 more than average eurobookie odds. There was far more big difference in old days like 0.08-0.10. So they are losing what they always promise to customers about they have highest odds in market. They have not got this anymore.

« Last Edit: January 10, 2019, 10:28:44 AM by ozangumus » Logged
arbusers
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Re: Odds and limits are constantly reducing at Pinnacle
« Reply #4 on: January 03, 2019, 07:15:30 PM »

Reduced limits from a number of bookmakers including SBObet and Pinnace.
Lower odds.
Voiding bets.

Seems that smart betting is gaining ground and volumes and so called ''arbitrage friendly'' bookmakers can't cope with that.
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ajeto
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Re: Odds and limits are constantly reducing at Pinnacle
« Reply #5 on: January 05, 2019, 01:22:37 PM »

SBO tennis ATP for  first set max bet is 58 €, NHL ML OT today's matches max. bet 58 € what a shame.
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Shawn2k
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Re: Odds and limits are constantly reducing at Pinnacle
« Reply #6 on: January 07, 2019, 01:05:30 PM »

Is this another hint that valuebetting is the way to go (soon)? Obviously not helping if you're already valuebetting these leagues at Pinnacle, but if you're an arber it won't make much sense to arb and losing 5%+\- on Pinnacle bets.

Agree what you say about exchanges, but personally I feel there has been a negative evolvement also there.
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