Betfair and Pinnacle comparison
The Internet is awash with sports betting platforms. The main reason is that it's much more convenient these days to supplement your income by betting on sporting fixtures. Among the sites offering sports betting services are Pinnacle and Betfair. However, there are a number of differences between these two brands that need to be analyzed. Here's a guide to find out more.
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Diverging objectives
The first difference between the two sites has to do with their missions. Pinnacle is a sports betting site. It's a bookmaker that offers better odds for various sporting events. What makes Pinnacle so special is the wide range of sports on which bets can be placed. The platform also enables users to make predictions on esport matches.
In contrast, Betfair stands out from the mass of sports betting sites through its specialization in betting exchange. Instead, the platform acts as an intermediary between sports betting users. What's more, with Betfair, it's possible to sell your prediction to another player who makes a good offer. So, from an initial point of view, Betfair might not be considered a bookmaker, unlike Pinnacle.
Odds features
While it's possible to bet on sporting fixtures with both Pinnacle and Betfair, the odds options on offer are vastly different. Indeed, with Pinnacle, the odds are proposed by the bookmaker to the punters. The latter is recognized on the sports betting market as one of the platforms offering the best odds.
On the other hand, with Betfair, the odds are proposed by the punters themselves. Here, the role of bookmaker is assigned to the platform's members. As far as odds values are concerned, the most obvious observation is that they are much higher than those of bookmaker Pinnacle. We can therefore conclude that there is much more freedom of choice when it comes to odds. This is one of the reasons why many people prefer to sign up to Betfair's betting exchange service.
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The two sites' fee systems
The next point on which the two platforms differ is their fee systems. On the one hand, Pinnacle receives consideration by adding margins on the odds. In this way, the bookmaker earns on each punter's stake.
At Betfair, the reality is quite different. Here, the site acting as an intermediary between bettors earns a commission on the winnings of winning users. Otherwise, only the latter are called upon to pay a consideration to the platform.
How to bet on Betfair and Pinnacle
This is another point of peculiarity of the two sites operating in sports betting. Indeed, to forecast with the Pinnacle bookmaker, you'd have to pay attention to the authorization of the Gaming Regulation Commission. Specifically, the platform is not accessible in certain countries. In these cases, you'll need to use the services of a broker. Also known as a betting broker, this alternative allows you to place bets with international operators, with no limits on the number of bets you can place. After registration, to validate your next bets, you need to credit your bankroll.
You will also need a broker for Betfair. Indeed, the site is not authorized by the local authorities either, due to its betting exchange services. However, the betting broker solution enables you to access it without difficulty. Next, you'll need to unearth the best odds offers on the site before placing your bet. Betfair offers two betting modes: lay and back.
The broker will give you access to Orbit.