Monday, March 13, 2006

Pinnacle Pulse

“MARCH MADNESS” BETTING ONLINE WILL DWARF THE SUPER BOWL“PinnacleSports.com Executive Available To Discuss “March Madness” BettingTrendsWILLEMSTAD, CURACAO (March 13, 2006)—With office pools and online bettinggaining in popularity and acceptance each year, “March Madness” hassurpassed even the Super Bowl as the most widely bet annual sporting eventin North America. Of the estimated $3.5 to $4 billion wagered on lastyear’s NCAA tournament worldwide, industry experts predicted at least onethird of that total was bet online. The largest sports betting site on theInternet, PinnacleSports.com expects betting on the NCAA tournament todwarf that of this year’s Super Bowl and is available to discuss a widerange of betting trends on the tournament.While the 182 sports books in Nevada are expected to take approximately$90 million in “March Madness” bets, estimates indicate that onlinebookmakers as a whole will record nearly $1.3 billion in NCAA tournamentwagers. Even more impressive is that the $1.3 billion represents more thandoubles the estimated $600 million wagered online on this year’s SuperBowl. With the highest online limits and odds that offer consistent valueto the player, PinnacleSports.com is recognized by both gaming experts andits peers as being the leading online sports book in the world. For thisyear’s tournament, PinnacleSports.com will accept online wagers from aslittle as $1 to a maximum of $30,000 with low margin wagering that givesbettors up to 50% better value than traditional bookmakers online or inNevada.“While buzzer beaters and upsets grab the headlines, what reallycaptivates millions is their vested interest in office pools rather thanthe performance of their favorite team or alma mater,” said Simon Noble ofPinnacleSports.com. “For every person that enters an office pool, there’sa good chance you will find another placing a bet on the tournament gamesover the Internet. As more consumers realize the safety and convenienceonline sportsbooks provide, the Internet will continue to be thedestination of choice for betting on major sporting events like the NCAAtournament.”Since founding the first Internet sportsbook in 1996, Mr. Noble haswitnessed the explosive growth of online gambling firsthand. He isavailable to discuss several betting-related issues, including:· Gambling trends and facts regarding the NCAA Tournament· The growth of Internet sports betting· Online versus traditional sports gambling· Government regulation of Internet gaming· The setting of “March Madness” betting lines· Patterns and trends in the bets placed so far· Unique NCAA Tournament-related betting options available atPinnacleSports.comPinnacleSports.com was the first sportsbook to release betting lines onthis year’s NCAA tournament games, posting point spreads as the firstround match-ups were announced Sunday night. The company will offerthousands of wagering options on the tournament including playerpropositions, futures and live in-game betting. For more information and acomplete list of NCAA Tournament betting odds, please visitwww.pinnaclesports.com.About PinnacleSports.comPinnacleSports.com (www.pinnaclesports.com) is the Internet’s largestsports betting site serving customers in more than 80 countries worldwide.Founded in 1998, PinnacleSports.com was the first sports book to introducereduced margin wagering, using a -105 pricing model that gives bettors upto 50% better value on wagers than traditional bookmakers. With lowminimum bet requirements and the highest maximum limits on the Web,PinnacleSports.com has earned an industry leading reputation for providingconsistent value to the player, professional customer service and thequickest payouts online. Fully licensed and regulated in Curacao, thecompany offers a secure environment for sports betting, racing and casinogaming.

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