Pinnacle is one of the oldest companies on the betting market. It has existed since 1998 but is not included in the list of legal Russian bookmakers.
This bookmaker differs from many others in that it accepts professional betting players.
As for the company's history, the opening of the Pinnacle bookmaker office was not the first experience in the betting industry for its founders. Before that, they had started up the Heritage Sports Company, which was located on the island of Margarita in Venezuela. Later, it was closed due to the local authorities’ willingness to isolate the territory from betting companies.
The bookmaker operates under AntillePhone 8048/JAZ2013-013 sublicense, issued in Curaçao, and MGA/CL2/1069/2015 License, issued in Malta. From the start of its operations until 2000, Pinnacle operators had been accepting bets only via telephone. During that time, the bookie’s clients were mainly US citizens. In 2000, the company launched its website within the .com domain zone.
Despite all the difficulties that the company had to face over a long operation period, today Pinnacle is considered one of the most popular bookmakers on the global market. Nevertheless, it does not have land-based offices for placing bets and operates exclusively through the Internet.
The bookmaker’s clients are mainly Chinese and European citizens.
Pinnacle Bookmaker accepts sports bets and also offers its customers a range of products:
- live casino ;
- poker games;
- table games;
- bingo games;
- slots from leading developers.
As for sports betting, here customers have the opportunity to choose between pre-match betting and live betting.
In pre-match bets, clients are offered a limited range of outcomes and high odds with an average margin of 2.4%.
Live betting has a lower amount of outcomes and lower odds comparing with prematch betting. The average margin is 4.4%.
The odds offered by Pinnacle are quite high. For example, the bookmaker offers 1.96/1.96 odd for a match where the competitors are closely matched.
Read more: How to Achieve Success in Online Betting
Despite the fact that the bookmaker is illegal in Russia, customers have the opportunity to open a ruble account. Pinnacle also accepts deposits in EUR, USD, SEK (Swedish krona) and other currencies. You can easily replenish your account using well-known payment systems like MasterCard, VISA, QIWI Wallet, WebMoney, and Moneta.ru. The withdrawal procedure is almost the same, with the exception of Moneta.ru service and several bank cards that cannot be used for this purpose.
The minimum deposit in Pinnacle Bookmaker is $1. The maximum amount for one bet may vary from €25 000 to €80 000.
Pinnacle has its own mobile application for iOS and Android operating systems. The Android version can be used by all customers, but only residents of Ukraine, Canada, Sweden, and Finland are able to use this application on iOS gadgets. In addition, customers have the opportunity to use the mobile version of the site with all the basic functions.
Pinnacle's clients can ask any question or report a problem to the company's customer support via email. Operators can provide bettors with responses in different languages, including Russian.
The only strict violation for the operator is multi-accounting.
Before betting, Pinnacle customers must go through a data verification process and verify their identity by providing the appropriate documentation. Its photo or scanned copy must also be attached when registering on the site.
As mentioned earlier, the residents of Spain gathered to express their protest against the increasing number of betting shops.