Blacktype Review – Who Are Blacktype and What Do They Offer?
If you are the type of punter who is used to doing business with the likes of William Hill and Ladbrokes, the chances are that you will never have heard of the Blacktype sportsbook before because they are a new bookie who are starting to grab the attention of UK punters as well as the more established sportsbooks due to the fact that they claim that they are happy to accept large bets.
* New Customers only. Up to £100* in Bet Credits. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
Whether they will be able to maintain this stand point is up for to debate but it doesn’t go down to well when you realise that when they started up in 2016, they said that they would be concentrating on the sportsbook without the distraction of casino games, but low and behold, only a couple of years later and they have a casino section on their website.
Fsb technology Blacktype are behind this operation and they claim that they are normal punters who were sick of having their accounts closed down due to a winning run or by obtaining value bets.
- Live Betting Available
- Exciting Horse Racing Markets
- Live Streaming Available
- Regulated by UKGC
- 24/7 Customer Support
- Minimum deposit:£10
If you are a matched bettor though and before you get too excited, Blacktype have a strict rule against punters who are using software in order to take advantage of arbitrage opportunities in that if they are caught doing this, they will have three chances before their accounts are closed down.
This rule has to be regarded as being slightly ambiguous, but bookies are perfectly entitled to set their own rules so there you have it.
Putting these issues to one side, you will see from this Blacktype bet review that this is a bookie which many punters will want to open an account with, even more so if you like to place slightly larger bets of a speculative nature.
Is Blacktype Properly Regulated?
Blacktype are most definitely regulated to the required standard and are fully authorised by the UK Gambling Commission which is reassuring for those of you who are thinking about opening an account after reading this Blacktype sportsbook review.
It should perhaps be mentioned that any sportsbook could put the UK Gambling Commission logo on their website without authorisation to do so, so it is always worth checking with the Gambling Commision themselves that a particular sportsbook has been authorised by them, especially if it is a sportsbook which is relatively new to the scene.
It has to be said though that the impression you get from this Blacktype bet review is that they are a no-nonsense bookie whose job it is to lay your bets, end of story.
The Blacktype Sign up Offer
The Blacktype sign up bonus is prone to change and it is unfortunately the case at the moment that they seem to be focusing on the casino and offering inflated bonuses to Blacktype new customer who are interested in this side of the business.
The most common Blacktype welcome bonus which is offered from time to time is actually very good because it just requires a deposit and bet of £10 which and when this bet is settled, two free bets are awarded of £10 each.
The only provisos for the qualifying £10 bet are that the odds need to be evens (2.0) or higher and deposits by web wallets to not qualify for the Blacktype sign up offer.
This just goes to show the popularity of matched betting and the sheer number of punters who got up to all sorts of rogue play by using their Skrill account to open numerous accounts to take advantage of the various bookie sign up offers but whether you decide to wait in order to take advantage of a Blacktype welcome bonus is entirely up to you.
Do Blacktype Offer a Wide Range of Betting Markets?
Yes, they do!
The main markets that Blacktype offer are football, horse racing and greyhound racing and the way that these markets are presented will meet the requirements of any serious punter.
You won’t find the less popular sports to bet on such as floorball and netball so if these are the types of sports you are interested in, there are other bookies like Bet365 who will be able to meet your requirements.
We have already spoken about the reason that Blacktype was formed and that the people behind it were sick of having their bookie accounts closed down.
Well, one look at the Blacktype markets on offer will tell you that is the kind of sportsbook that these founders would regard as their ideal sportsbook and that is obviously great news for punters who are looking for a real bookie as opposed to a gimmicky one!
Placing a bet with Blacktype is extremely straight forward and just requires you click on the odds of your selection and the selection will be automatically placed in the bet slip which can be found in the top right-hand corner of the website.
If you add more selections you will be given the choice of placing the bets in singles or multiples. The different types of multiple bets are presented to you along with how many bets each multiple contains so it will be easy for you to work out your total stake.
How About the Blacktype Odds?
This is where Blacktype excels along with the size of the bets that they are prepared to accept because their odds are usually very good indeed.
They have an offer on the horse racing markets from 10am each day in which the best odds are guaranteed so if you place a £50 on a horse which is priced at 10/1 with Blacktype and this horse drifts out to 16/1 when the race starts, you will profit to the tune of £800 as opposed to the £500 you would have received if the odds were paid out to the price that you originally took.
When you combine this with the fact that Blacktype will accept larger bets, it really is a very good offer and one of the main reasons why you should seriously consider opening a Blacktype account.
Make sure to read our article: Understand Betting Odds to learn more about how betting odds work.
Is Live Betting Available?
Live betting is available and can be accessed by clicking on the ‘In Play’ tab at the top of the website.
This section is yet another aspect of the Blacktype sportsbook which is very good, the main sports are covered for in play betting apart from horse racing so there will more than likely be something which takes your interest.
As in keeping with the rest of the website, the placing of bets is very straightforward but take into account that there is a buffer of ten seconds between the time that the live bet is placed and when the transaction is actually completed.
Is There Live Streaming
You will probably not be surprised to learn that is no live streaming on the Blacktype sportsbook.
It would seem that they are trying to keep things simple and concentrating on allowing punters to place their bets as opposed to watching the events as they are played out.
A Cash out Facility?
Is cash out facility has recently been introduced and you can see if the cash out is available on the markets which you have placed a bet on by looking for the three gold coin symbols.
You can see the bets in your bet slip where the cash out is available and it is just a matter of taking a look at the cash out amount that is on offer and accepting it if it meets your requirements.
It has to be said that the addition of the cash out facility shows that Blacktype are advancing in the right direction which is a great indication of the future.
Betting on the Move with Blacktype
- Great mobile version of the website
- Cash out available
- No native mobile app
Blacktype doesn’t have a mobile app and this will obviously be a negative point for some punters who like to bet on the move.
There is a mobile version of the Blacktype website though and it does work very well, easy to navigate and very straightforward when it comes to placing a bet.
The layout is exactly the same as the desktop version and the same wallet is used but there is no getting away from the fact that it is not a dedicated app.
Whether that is especially important to your betting requirements is obviously up to you but it would be wise to consider the many plus points of the Blacktype sportsbook before deciding to open an account with them.
Deposits and Withdrawal Options
Blacktype have made no secret of the fact that they have no time for matched bettors and punters who are looking to exploit arbitrage opportunities so with that in mind, they must be one of the few sportsbooks that don’t accept web wallets.
It would be no surprise if they didn’t reverse this decision at some point in the future but for now, if you want to make a deposit into your Blacktype account, it has to be with a visa or Mastercard.
Blacktype Maximum Bet Limits and Withdrawals
There is a minimum deposit requirement of £10 with a maximum of £5000 with a minimum withdrawal limit of £10 with a maximum of £100,000.
We have already mentioned that Blacktype accept large bets and they claim that they will guarantee that they will lay all bets up to a liability of £500.
|Blacktype Banking Options|
|Football, Tennis, Greyhound racing, etc.||£10||3-5 Working Days|
Signing up with Blacktype Sportsbook
Signing up with the Blacktype sportsbook involves clicking on the grey ‘Sign Up’ button in the top right-hand corner of the website.
The sign-up process is very straightforward and make sure that you have taken scans of your driving licence/passport and utility bill just in case you receive a KYC request.
It would seem that it is pot luck if you receive a request or not but it is always best to be on the safe side and have everything ready in case you do.
At this point it is worth mentioning that you should seriously consider having an account with the Blacktype sportsbook because apart from Pinnacle sportsbook and the betting exchanges, it is not often that you come across a sportsbook who is willing to accept large bets without restricting you in one way or another.
Placing That First Bet with the Blacktype Sportsbook
If you have opened an account with Blacktype when they are offering a Blacktype sign up offer or a Blacktype bet coupon code, you should look for a selection with minimum odds of evens (2.0)
Place a bet of £10 on this selection and when it is settled you will be awarded two £10 bets but remember that these bets are not stake returned so won’t be included in any winnings should these bets win.
The free bets can be accessed from the bet slip and you will be given the option to use these instead of your cash balance when you make your next bets.
Are There Any Further Promotions?
There is a Blacktype club which is actually very good.
For every ten bets of £10 plus that you place at odds of evens (2.0) or above you will be awarded a £10 free bet and you can do these five times so there is a maximum of £50 in free bets which can be claimed each week.
Not bad at all but it does seem to contradict the dislike of arbitrage players because an offer like this will attract matched bettors who are looking to lay each bet off on arbitrage opportunities in order to maximise their profits.
Customer Care Options Are Not Good!
The Blacktype new customer care options highlight the biggest fault with Blacktype because the only way you can contact customer support is by email and not Blacktype live chat.
Yes, you read that correctly, no telephone or Blacktype live chat.
To be honest with you, that is not acceptable because the only other sportsbooks which can be contacted by email only are not those that you would wish to do business with.
In fact, if Blacktype were not authorised by the UK Gambling Commision, it would be a red flag and you would be advised to not open an account with them.
When you look a little deeper into it though, it is obvious that Blacktype is aimed at those punters who are old school, they know exactly what they are doing and they just want to place bet at attractive prices without any fuss.
Blacktype are not really interested in the kind of punter who is asking lots of questions because they have never placed a bet before.
That being said though, problems can arise with a bookie account and it would be good if any problems could be resolved as soon as possible rather than having to wait for an email to put you on the right tracks so they will hopefully seriously consider adding Blacktype live chat in the near future.
There are plenty of people who are looking for Blacktype careers in customer support so there will be no shortage of applicants if they decide to go down this route.
Is Your Blacktype Account Safe and Secure?
You can rest assured that your Blacktype account details will be safe and secure but they don’t pay too much attention if you have a problem with your gambling.
It will just be a case of closing your account and they could do more to help so hopefully, this aspect of the Blacktype sportsbook will improve over the months and years ahead.
Should You Open a Blacktype Account?
If you put the negative points to one side for a minute and look at the reasons why you should open a Blacktype account, you will find that the plus points massively outweigh the negative points.
It is not often that you find a sportsbook which welcomes punters who like to place larger bets along with offering odds which are very appealing.
When you add in factors like the guaranteed odds on horse racing and the Blacktype club, you will see that it is a sportsbook that you should definitely have an account with.
The only reason why you should perhaps not open an account at the moment is if you are completely new to online gambling and need to ask lots of questions when you place a bet.
If that describes you, it would be advised that you opened an account with a bookie like William Hill first and then when you are more familiar with the betting process and ready to place larger bets, come back and open an account with Blacktype and you will be able to take advantage of the higher bet limits and generous odds.