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What Are Blackjack Side Bets?Side bets are bonus bets placed on a round of Blackjack on outcomes beyond whether the player or dealer will win. The majority are staked at the start of the round before the cards have been dealt alongside regular bets and many have fixed odds that usually offer greater payouts than the simple 2:1 rewarded for beating the dealer.Play Blackjack at Pinnacle Casino

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Side bets provide an exciting way to make Blackjack games more interesting whilst offering you a greater number of ways to win. So what are side bets, what side bets are available and are they worth it? Read on to find out.

Blackjack Side Bets Explained

Finding a niche market in betting can often lead to value. This can be anything from specialist knowledge of handball betting to extensive experience in betting on Japanese baseball. Providing you know more than the bookmaker, there is money to be made.  &lt;Bet on soccer at Pinnacle&gt; They also make for interesting and potentially profitable bets, as they can be a little more reliable

Soccer odds

A corner is one of the most inexplicably exciting events in soccer. Only around three per cent of them lead to a goal, but you can guarantee that the attacking team’s fans will roar their approval and encouragement if their team are awarded one. Read on to find out how you can benefit from betting on corners.

Corners betting in soccer: Value in a lesser-known market

Poisson Distribution is a mathematical concept for translating mean averages into a probability for variable outcomes across a distribution. For example, if we know Manchester City average 1.7 goals per game, so by putting the Poisson Distribution formula tells us that this average equates to Manchester City&nbsp;scoring 0 goals 18.3% of the time, 1 goal 31% of the time, 2 goals 26.4% of the time and 3 goals 15% of the time.

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Poisson Distribution: Predict the score in soccer betting

What is Expected Value?The amount a player can expect to win or lose if they were to place a bet on the same odds many times over, calculated through a simple equation multiplying your probability of winning with the amount you could win per bet, and subtracting the probability of losing multiplied by the amount lost per bet.A simple example of Expected Value (EV) put into practice -&nbsp;if you were

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The Expected Value of a bet shows us how much we can expect to win (on average) per bet, and as such is the most valuable calculation a bettor can make when comparing bookmakers' odds. How can you calculate Expected Value in sports betting in order to predict your winnings? Read on to find out.

How to Calculate Expected Value

We have a team of editors and writers at Pinnacle, as well as a collection of external contributors, ranging from university lecturers and renowned authors, to ex-traders and esteemed sports experts. Collectively, the Pinnacle team and external contributors produce the educational content within Betting Resources.

<h3>What is Pinnacle’s biggest ever payout?</h3>

The highest amount won at Pinnacle on a single sporting event by one bettor was $2,049,000 USD - this was on the 23 January 2011 in the NFL’s NFC Championship game between the Green Bay Packers and Chicago Bears.

<h3>How can you win such a big bet?</h3>

In order to win such a large sum&nbsp;of money from one bet, there are three basic requirements; you need to be sharp enough to make the right bet, you must have a bookmaker that doesn’t <a href="https://www.pinnacle.com/en/betting-strategy/why-do-bookmakers-close-limit-betting-accounts" target="_blank">restrict or ban</a> those who make that kind of bet and finally, you need a bookmaker that accepts large&nbsp;enough stakes to return that kind of money.
<blockquote>It seems though, that our reputation for standing a huge bet is understood by our followers – in fact slightly over-estimated – and that policy certainly won’t be changing.</blockquote>
Pinnacle ticks those three boxes for bettors. If bettors are sharp, we use their knowledge to refine our odds. If they aren’t, we educate them through Betting Resources and offer unique insight that will help empower their betting.
Pinnacle also has a <a href="https://www.pinnacle.com/en/promotions/winners-welcome" target="_blank">Winners Welcome</a> policy, meaning that no matter how much or how often a bettor wins, they are always welcome to bet again. Additionally, we offer the highest limits online - our volume based model means we are happy to take bets of up to $1,000,000.

<h3>Our Winners Welcome policy</h3>

Pinnacle’s unique business model is what makes us different to other bookmakers. Competitors have tried and failed to copy how we work, but as our Trading Director explained in a <a href="https://www.pinnacle.com/en/betting-articles/educational/surviving-in-the-shark-tank" target="_blank">recent interview</a>; “they are gonna bleed a lot you know, making expensive mistakes, trying to gain traction and volume.”&nbsp;
Whilst other bookmakers focus on outlandish promotions and funding costly marketing ploys, Pinnacle sticks to a no-nonsense approach - one that offers the <a href="https://www.pinnacle.com/en/promotions/best-odds" target="_blank">most competitive odds online</a>, the <a href="https://www.pinnacle.com/en/promotions/highest-limits" target="_blank">highest limits available to bettors</a> and doesn’t restrict winners.

<h3>What did the competition guesses tell us?</h3>

Out of our thousands of Twitter followers and Facebook fans, no one managed to guess Pinnacle’s biggest ever payout. Some managed to get extremely close, while others were no way near. We have analysed all of the entries in the #PinnaclePayout competition and have learnt a lot from the guesses.
<blockquote>Our model is volume based. The more volume we take, the stronger that model becomes and the more efficient our odds will be – it’s a virtuous circle.</blockquote>
We might have required a larger sample size to benefit from some <a href="https://www.pinnacle.com/en/pinnacle-puzzle/wisdom-of-the-crowd-in-betting" target="_blank">Wisdom of the Crowd</a> - despite receiving well over 100 entries, the average guess was $3,327,954.17 USD. The median guess was much closer to the correct answer at $1,900,000 USD and the most popular guess was $1,500,000 USD.
Some guesses (namely $69 USD) perhaps underestimated just how sharp some of our customers are, while others ($1,200,000,001 USD) would have seen us enter the record books for the biggest sportsbook payout in history.
It seems though, that our reputation for standing a huge bet is understood by our followers – in fact slightly over-estimated – and that policy certainly won’t be changing.

<h3>Will we see a bigger payout in the future?</h3>

Our model is volume based. The more volume we take, the stronger that model becomes and the more efficient our odds will be – it’s a virtuous circle. This also means that we can increase our limits, beyond even the $1million offered for the final of the 2016 World Cup. A payout as big as the one in January 2011 doesn’t come around too often but the next one might happen sooner than you think.

<a href="https://twitter.com/PinnacleSports" target="_blank">Follow us on Twitter</a> for more betting insight, take part in our popular <a href="https://www.pinnacle.com/en/betting-articles/soccer/a-look-back-at-our-soccer-betting-discussion-day" target="_blank">Discussion Days</a> and enter new competitions with exclusive giveaways.

Pinnacle recently ran a competition on Twitter to guess our biggest ever payout to one customer on a single bet. While the competition itself garnered plenty of interest, it also highlighted Pinnacle’s unique approach to bookmaking. How does Pinnacle allow such huge winners and welcome them back to bet again? Read on to find out.