Pinnacle sports closes all UK accounts: How to still bet with them if you’re affected
This morning would have been a rough one if you were a Pom, first you had to wake up knowing you’re English :), even worse then that (well equally as bad), is that you would have had an email saying your beloved Pinnacle account is being closed down on September 30th. It seems nobody loves you, even your own kind want to leave the fold. Although I’ve been told the Scots knew about this move by Pinnacle and it is a big reason the vote is looking more like a YES.
I was the only one in the world who saw this coming, as I posted last week when SBO closed all UK accounts.
@TFAsystems @SBCinfo I’ve heard pinnacle may do similar
— Daily25 (@stevemor) September 5, 2014
Now by “heard”, I simply meant that I assumed. I do not have any contacts in the Pinnacle ranks (or do I?)
Lucky for you, Your Aussie brother in arms does love you and has a very simple solution. Any solution that will help my readers and also fill my pockets is a win win in my books.
The solution
Simple really. Sportmarket Pro.
What do you mean you haven’t heard of Sportmarket Pro before? I’ve been using them for a while and while I have my concerns as it’s a relatively new company and we saw what happened to Betbutler recently, the way they are doing things is very different and the way I had envisioned of running my own sportsbook software business. They just beat me too it.
I will do a full review of the service soon, but all they have done is open a heap of Accounts at the Big Asian books and Pinnacle and then allow you to see all the odds in a very simple interface. You can then bet on the one with the best odds and can even see the max bet. There are a few rules, the minimum bet you can place is €100 or currency equivalent. So it may not be for everyone.
They make money a few ways. They charge a monthly fee (€25/£20/$30) if you don’t turn over a certain amount (€10,000) each month. But the real profit comes from the commission they get on turnover from the bookies. For every €10,000 euro you bet through their platform they get about €30 back from the bookies. The way they make money leads me to believe that this will be a profitable company and won’t have any issues like we saw with Bet Butler.
There are a few issues with the service, if you’re used to speed betting then bad luck, placing GOWI bets straight away through this platform will lead to frustration. You may need to change the way you bet. The layout is pretty ugly, but that’s a small price to pay to get Pinnacle & SBObet odds. I have seen drastic improvements every few months and now with a big influx of customers they will have some capital to really make this a great product.
So there you go. Steve to the rescue again. While killing off a large amount of the people who compete with me for prices is a great thing for me, I just couldn’t sit back and let you poms wallow in sadness. You guys whinge enough as it is. BTW, Winter is also on the way.. haha. OK, enough POM bashing, i do love you guys and do love the UK.
So there you go, get a Sportmarket PRO account and continue betting with great odds. Enjoy
If you have any questions, I’ll answer them in the comments below.
I looked at Sportmarket a while back but found that they offer only soccer, tennis and basketball.
Is that still the case?
Yes, they are adding NFL soon and will keep adding more over time.
Hi Steve.
My concern with brokers is that you more likely to keep a big sum in there which you might in theory never see again. At least when we poms had access to sbo and pinny etc the amount at risk was spread around amongst different bookies…….
Yep, it’s not an ideal situation. Sportmarket will have to gain trust over many years. I think they have a chance to do that. Only time will tell.
Under the UK gambling law, which comes into effect on December 1st, bet brokers will be treated as bookmakers and will be subject to the same point of consumption taxation rules as the bookmakers themselves
Who is Sportmarket? That screenshot looks very familiar
Once again, a great article Steve and I believe that this close of SBO and Pinny on UK will help Sportsmarket to be even more sustainable because the % of their clients will have a boom on the next few months. Sportsmarket with US sports is the perfect platform but Asianconnect is also good option.
I agree, If they can add MLB, NFL, NBA and NHL that would be great.
umm, follow the link.
Will be interesting to see what happens. I’m not sure Sportmarket is a betbroker. Not sure what it is in a legal entity sense
It looks identical to mollybet. Have you ever heard of that?
nope, but it does look like the exact same platform. Any bad stuff about Mollybet? I’ve emailed the owner of Sportmarket to see what the go is
They already have NBA and plan to have NFL soon
Sportmarket replied saying Mollybet was their software provider.
agree…if the broker disappear you say goodbye to all of your money.
I’ve seen many more sportsbooks disappear with players money then brokers. A dodgy business is a dodgy business
Premium Trading uses the same engine (Mollybet) for their Goal Tool. Asian Connect have more sport, but AsianOdds currently not working.
My biggest lose was the Canbet Scam. I have lost 600 EUR with them.
They say on their site that they are a bet broker!
Sportsalive was mine, $2,000, but was very lucky, had $40k in them the week before.
When I inquired on Friday support told me NFL was available through the pro-service, but today I see your post above saying they are adding it soon. Can you confirm if it is available now or not please, Steve? Thanks.
It Is not available yet. Only Soccer , Basketball and Tennis. Checked 1 min ago 🙂
OK – thanks for checking for me, Rog
Guys, anyone knows is there any casback offer on turnover for SportMarkets if registering via special agent/referer like for Premium Tradings and Asian Connect? Also what do you think what is the best deal for Premium Tradings and Asian Connect?
Tried to sign up, but UK Customers are banned from this now, no doubt due to the gambling law Paul mentioned. Have a mate out in Thailand for the next while so will sign up in his name. Not going to be defeated that easily!
The taxation legislation has been awful for business, for us poms!
Asianconnect is a very good option to use.They have multiple options to suit all betting banks, very fast payments and excellent customer service.
Have you tried using VOdds trading platform? They have sbobet and pinnacle I’ve been using it for quite some time, and it’s been absolute best. I heard they will also include e-sports and will add more markets soon.