Pinnacle unveils ‘Betting Tools’ initiative

Pinnacle has expanded its range of services with the addition of ‘Betting Tools’ to its ‘Betting Resources’ portal.

The new set of widgets will help customers to place bets and secure better odds for their wager.

The tools include ‘Bet Calculator’ that allows punters to automatically calculate the payout for any combination of stake and odds, as well as ‘Odds Converter’ that converts decimal, American and Fractional odds into a chosen format.

In addition, ‘Margin Calculator’ converts odds into probability and tells punters how much a bookmaker is charging them, while the ‘Arbitrage Calculator’ allows users to work out how to guarantee profit in a two-way or three-way market.

Paris Smith, chief executive of Pinnacle, said: “The launch of Betting Tools is another great example of Pinnacle adding value for its customers via our Betting Resources portal.

“I hope our customers, especially those who are less experienced in calculating value, use the new tools to research, measure and enhance their betting strategy.”

Related article: Pinnacle withdraws from Slovenia