Educational articles

How often do you need to beat the closing line?

It is a common misconception that betting is all about results. The key to successful betting lies in finding value in the market and consistently beating the closing line. But just how often do you need to beat the closing…

Soccermatics: Mathematical modelling applied to soccer

Sports and maths are often labelled as separate entities, even though they complement each other in many different ways. This Soccermatics book review explains how David Sumpter uses mathematical modelling to bring the numbers and patterns buried within the sport…

Arbitrage vs. Value Betting – Exposing misconceptions

As Pinnacle’s Director of Trading my job is to manage risk, and the same should be true for every bettor out there trying to make money. I love reading about how bettors approach risk and bankroll management and was inspired…

4 betting lessons from Sir Alex Ferguson

With the release of his latest book, Leading, Sir Alex Ferguson took a step back from soccer memoirs to reveal the secrets of his winning ways in the 38 years he spent managing Manchester United and Aberdeen. What are his secrets…

Surviving in the shark tank

Pinnacle has been successfully operating a unique high volume, low margin, winners welcome model since 1998. We are often asked why this approach hasn’t been successfully copied. The fascinating answer I got back from our Trading Director is both an…

Inside a sports hedge fund

The Holy Grail for bettors is generating a regular income from their activities. Professional bettors are a small and exclusive group, understandably reluctant to share their insight. Despite this, we managed to speak to an insider in the niche business of a…

The history of lotteries

The dream of winning the lottery has been an integral part of human history throughout the ages. Politicians, philosophers, emperors and – last but not least – lottery winners, have all profited in different ways. But who invented the lottery…

The effect of the tournament format on the odds

Whether it is the tennis Australian Open or the baseball World Series, the outright odds are the market that number one bettors look at the outset of a competition to assess the strength of the contenders. With the tournament design…

How to calculate profits with different odds formats

The format for betting odds can vary depending on which part of the world you live in. The two most common options used are Decimal and American odds. But what is the difference, how do you calculate returns for each…

How do betting odds work

With a large number of bookmakers claiming to offer the best odds and an equally large number of websites comparing betting odds, are you really getting the best deal? In this simple guide we explain how odds work to help…

Profitable betting: From chance to choice

Gambling is one of the world’s oldest pastimes. Having started as entertainment back in the ancient times, betting outcomes were perceived as no more than a whim of the gods. Gambling has now transformed to the most extraordinary way to…

How to convert between Decimal & American odds

Depending on which part of the world you are from, you are likely to be comfortable seeing odds in a certain format. With an abundance of online convertors available, have you ever wondered how you can easily convert decimal to…

Three careers ideally suited for betting

There are three established professions which share the attributes required for successful betting. If one of this trio is your current day job, you have a head-start in turning a profit as a part-time punter. Equally, aspiring bettors looking for…