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Pinnacle API

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Meise
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Re: Pinnacle API

Sun Jan 15, 2023 11:15 am

arbusers wrote:
Thu Dec 02, 2021 7:54 am
What would that volume be?
Pinnacle does not indicate a fixed minimum volume.
From Pinnacle's fair use policy:
"The API is provided to players to facilitate wagering and may not be used for data gathering, scraping or for any other purpose. The API usage must be proportionate to wagering activities as determined on a case-by-case basis by Pinnacle." (my emphasis)

As I mentioned on a different thread, I maintained regular turnover, always used the "last" parameter when making calls for fixtures and odds (this is what poster "tango" refers to as the delta version), and only requested odds for the sports I was betting on. This is more or less what tango is explaining above.

I always used a 5 seconds refresh for odds (not for fixtures or other calls for which there is no need for such a fast rate - obviously people need to learn to use the API efficiently to minimize data consumption). My experience indicates that a monthly turnover (averaged over several years) of 250-300k is sufficient, but this is only based on my data. It's not too far from tango's estimate, though.
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Re: Pinnacle API

Sun Jan 15, 2023 10:18 pm

A 250-300K monthly turn over is difficult to be achieved these days.
I would easily have this turnover within a weekend some years ago, but not now.
Is it only me?
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Re: Pinnacle API

Mon Jan 16, 2023 11:50 am

Unless someone wants to have near real-time Pinnacle odds, there is no reason to have such low refresh rates as 5 seconds, especially when it is very difficult to maintain an edge over such a large turnover - it would simply cost too much for most players. Bet placing through the API though is always instant and is not related to refreshing rates, contrary to a common misconception that refresh rates affect bet placing speed.

Even if someone wants quickly updated Pinnacle prices there are more efficient ways than using directly the Pinnacle API. For example, we do intend to offer publicly our fixtures and markets database at smartbet.io that includes prices from Pinnacle, bet365, and many more books, updated with a maximum delay of 1 second, as close to real-time as possible. This can be used by anyone interested to build their own algorithms based on real-time market data, similar to our auto-sources that will be launched later this month (super fast arb/value detection with an option to place corresponding bets automatically).
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Meise
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Re: Pinnacle API

Mon Jan 16, 2023 3:09 pm

A 250-300K monthly turn over is difficult to be achieved these days.
I guess it depends on which sport(s) you are betting on and/or how large and how generalized is your edge in a given sport.
Unless someone wants to have near real-time Pinnacle odds, there is no reason to have such low refresh rates as 5 seconds, especially when it is very difficult to maintain an edge over such a large turnover - it would simply cost too much for most players. Bet placing through the API though is always instant and is not related to refreshing rates, contrary to a common misconception that refresh rates affect bet placing speed.
I don't know if this was addressed to me but:
- Getting near real-time Pinnacle odds is critical for me; most of my edge would disappear if the refresh rate is too slow and the odds are delayed (and yes, I have actually tested this over a very large sample). There must be a good reason why I took the trouble to program my own API access...
- "it is very difficult to maintain an edge over such a large turnover": see my very first point above.
- I have never written that refresh rates affect bet placing speed.
Even if someone wants quickly updated Pinnacle prices there are more efficient ways than using directly the Pinnacle API. For example, we do intend to offer publicly our fixtures and markets database at smartbet.io that includes prices from Pinnacle, bet365, and many more books, updated with a maximum delay of 1 second, as close to real-time as possible.
Maybe, maybe not. Either way, I'm doing fine without smartbet.io, thank you. Not saying that I would never use your services, either, but there's nothing like having built one's own system.
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Re: Pinnacle API

Mon Jan 16, 2023 7:02 pm

Meise wrote:
Thu Dec 09, 2021 3:09 pm
A 250-300K monthly turn over is difficult to be achieved these days.
I guess it depends on which sport(s) you are betting on and/or how large and how generalized is your edge in a given sport.
Unless someone wants to have near real-time Pinnacle odds, there is no reason to have such low refresh rates as 5 seconds, especially when it is very difficult to maintain an edge over such a large turnover - it would simply cost too much for most players. Bet placing through the API though is always instant and is not related to refreshing rates, contrary to a common misconception that refresh rates affect bet placing speed.
I don't know if this was addressed to me but:
- Getting near real-time Pinnacle odds is critical for me; most of my edge would disappear if the refresh rate is too slow and the odds are delayed (and yes, I have actually tested this over a very large sample). There must be a good reason why I took the trouble to program my own API access...
- "it is very difficult to maintain an edge over such a large turnover": see my very first point above.
- I have never written that refresh rates affect bet placing speed.
Even if someone wants quickly updated Pinnacle prices there are more efficient ways than using directly the Pinnacle API. For example, we do intend to offer publicly our fixtures and markets database at smartbet.io that includes prices from Pinnacle, bet365, and many more books, updated with a maximum delay of 1 second, as close to real-time as possible.
Maybe, maybe not. Either way, I'm doing fine without smartbet.io, thank you. Not saying that I would never use your services, either, but there's nothing like having built one's own system.
My post was addressed to "neopas" and I was pointing out that there are alternatives to getting prices directly from Pinnacle.
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Re: Pinnacle API

Mon Jan 16, 2023 10:50 pm

Are you saying you have your own API from Pinnacle? Is this something to be sold?
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Re: Pinnacle API

Tue Jan 17, 2023 11:12 am

tango wrote:
Wed Dec 08, 2021 10:52 am
Unless someone wants to have near real-time Pinnacle odds, there is no reason to have such low refresh rates as 5 seconds, especially when it is very difficult to maintain an edge over such a large turnover - it would simply cost too much for most players. Bet placing through the API though is always instant and is not related to refreshing rates, contrary to a common misconception that refresh rates affect bet placing speed.

Even if someone wants quickly updated Pinnacle prices there are more efficient ways than using directly the Pinnacle API. For example, we do intend to offer publicly our fixtures and markets database at smartbet.io that includes prices from Pinnacle, bet365, and many more books, updated with a maximum delay of 1 second, as close to real-time as possible. This can be used by anyone interested to build their own algorithms based on real-time market data, similar to our auto-sources that will be launched later this month (super fast arb/value detection with an option to place corresponding bets automatically).

What you say makes perfect sense for the kind of business that you offer but there are other kinds of business around that need near real-time Pinnacle odds. In my view there are...
1. People looking at Pinnacle odds as a reference (or comparison)
2. People looking at Pinnacle odds to bet on.

The 1st category seems to be childish to me and I choose to be in the 2nd.
There are API hubs around but the quality of the service is ridiculous. What is left is a custom made solution that needs a lot of effort and time.
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Re: Pinnacle API

Tue Jan 17, 2023 4:17 pm

We are in the last stages of development of our scrapers that among other books will include reliable, real-time market data from Pinnacle(ps3838) and bet365. We did expect to have this ready earlier but bet365 have been constantly updating their anti-scraping security and there are many technical challenges involved.

Initially, we will use this data to offer our "Auto Sources", which are arb scanners on user-defined filters such as arb profit margin, odds level, market liquidity, sports, etc.

At a later stage, we do plan to offer these data sets through an API so that anyone can program their own custom logic.
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Re: Pinnacle API

Tue Jan 17, 2023 7:49 pm

tango wrote:
Sun Mar 20, 2022 1:25 pm
We are in the last stages of development of our scrapers that among other books will include reliable, real-time market data from Pinnacle(ps3838) and bet365. We did expect to have this ready earlier but bet365 have been constantly updating their anti-scraping security and there are many technical challenges involved.

Initially, we will use this data to offer our "Auto Sources", which are arb scanners on user-defined filters such as arb profit margin, odds level, market liquidity, sports, etc.

At a later stage, we do plan to offer these data sets through an API so that anyone can program their own custom logic.


Excellent. Keep us updated. I will receive notifications on this thread.
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Re: Pinnacle API

Thu Jan 19, 2023 6:52 pm

Dear colleagues, is there any reliable solution on the market for Pinnacle available? I need odds movements only, without placing bets...
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Re: Pinnacle API

Sun Jan 29, 2023 6:45 pm

Hi friends,
I'm fairly new to the smart betting world and was wondering, if you are getting the pinnacle api for free that is one side of the equation sorted but how are you also accessing the 'scraped data' from the soft bookies in order to identify value or the other side of an arb bet? Are you paying for the softs scraped data or is this also a free service provided by the soft bookmakers.
I'm not a programmer so apologies for my illiteracy in that sense.
best wishes :)
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Re: Pinnacle API

Wed Feb 01, 2023 12:49 pm

Meise wrote:
Fri Jan 13, 2023 2:10 pm
I just want to comment on this (not the first time I see this erroneous statement on Arbusers' forum):

"Pinnacle no longer supports APIs to regular customers"

This is not true. As a regular customer, I used Pinnacle's API for all my betting until September 2021*. Now it is possible that new customers were not allowed to use the API (I don't know for sure), but it was still supported for established customers as long as the betting volume was adequate and the API was used responsibly.

*The reason why it stopped in September has nothing to do with the API; Pinnacle recently ceased operating in my country.
Quite a similar story here.
At the peak activity, my volumes were much lower (10-fold) than the 250k-300k. In recent years hardly any, just used the API for data gathering while I was betting elsewhere.
I ran 5-sec refresh rates, but not a 24/7 scheme, only 1-2 hours per day.
Seemingly unrestricted API access until Pinnacle ceased operation in my country in October 2022.
I had a deficit on my account back from the arbing days, it only got partially recovered once I started value betting. Overall house won.

So I am kind of wondering if the turnover requirement mentioned in this thread is the only important issue here.

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