Suspension of betting at 2016 Australian Open

2016 Australian Open Betting Suspension
2016 Australian Open Betting Suspension

(January 25th, 2016)

The following statement clarifies the reasoning behind Pinnacle’s suspension of betting on the 1st Round Mixed Doubles match at the 2016 Australian Open between A. Hlavackova & L. Kubot and L. Arruabarrena-Vecino & D. Marrero.

As a precaution, betting on this match was suspended due to unusual betting activity.

It is not our place to draw any conclusion about the individuals or the circumstances. Pinnacle has been operating as an online bookmaker since 1998 and since that time we have analysed literally billions of bets. This huge betting database gives us empirical evidence of how, under normal circumstances, betting markets move and evolve.

Pinnacle believe in the integrity of tennis, and integrity in sports in general, and is committed to offering our customers fair tennis markets.

We have sophisticated mechanisms for detecting irregular betting, and where these are triggered, we are duty bound by our own policies to act fast, and protect our customers.

It is our standard protocol to share our findings with the relevant governing body where possible.

We seek only to raise a flag, not point a finger – that would be the responsibility of the sport’s governing body. Any specific questions about perceived wrongdoing can only be answered by the relevant authorities.

Marco Blume, Head of Sports book at Pinnacle said:-

“Our standard operating processes flagged this match as having an unusual betting pattern and our response was to suspend betting and inform the appropriate governing body immediately. As a sports betting business it’s obviously not in our best interests to suspend a market but the integrity of the Pinnacle's book and our customer’s interests always come first”.

Match information

The match was scheduled to start - January 23rd, 23:38

Opening time & odds

Pinnacle opened betting on January 21st at 04:18

The odds on each side were as follows:

  • A. Hlavackova & L. Kubot - 193 (1.51) Favourite with implied chance of 63.5%
  • L. Arruabarrena-Vecino & D. Marrero +163 (2.63) Underdog with implied chance of 36.5%

Betting Limits (USD)

We opened the match with a betting limit of $100, which changed as follows:

  • Increased from $100 to 250 - 21st January 23:05
  • Increased from $250 to 500 - 23rd January 01:26
  • Decreased from $500 to 100 - 23rd January 10:50

The market was then suspended on January 23rd at 10:59 as a precaution due to unusual betting activity.

The odds at that time were:

A. Hlavackova & L. Kubot –274 (1.36) Favourite with implied chance of 70.6%

L. Arruabarrena-Vecino & D. Marrero +227 (3.27) Underdog with implied chance of 29.4%

No further betting was offered on the match, but all bets placed up to that point were honoured.

Notes: All times are military-time in the PST time zone.

Odds are quoted in US Format and Decimal in brackets