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Pinnacle Deposit Methods
If you want to know what it means to be a reduced juice sportsbook, it helps if you know “juice” is. Juice is what the sportsbook service takes in as revenue for accepting your bet. Understand that the goal of a sportsbook is to get an even value of wagers on either side of a given point spread or total or moneyline and make money from the juice. Here’s an example of how juice is calculated with a football game as your example:
Let’s assume that New England is a 7-
You should note that the $100,000 used in this example is revenue and not profit
as each online sportsbook has many costs that you will never see. With that noted,
How can Pinnacle afford to offer such high paying odds? First, Pinnacle does not offer a sign up bonus or free bets. They prefer to provide added value to their customers in their odds pricing. Two, Pinnacle never advertises at all. Have you ever watched a soccer match in Europe? Have you noticed the constant sideboard advertising that displays European and Asian betting sites? This form of marketing costs a lot of money and lowers the odds offered by those sites as a result, as they need to recoup the marketing cost and they do it through their odds pricing. Pinnacle’s marketing is largely through referrals due to their rock solid reputation. Existing customers spread the word about their status as the serious bettor’s choice.
This is why the issue of a sign up bonus may not be a significant one when it comes to choosing your service of choice. Does an extra $100 or $125 in the form of a bonus matter very much if you expect to be wagering several times a week or more for the foreseeable future? The extra points in odds pricing can surpass the value of such a bonus within a few weeks of wagering.