Blacktype

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Skaggerak
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Blacktype
« on: August 25, 2016, 06:52:16 PM »

New Sportsbook, know very little about them but look intriguing.
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Re: Blacktype
« Reply #1 on: August 25, 2016, 07:07:46 PM »

New Sportsbook, know very little about them but look intriguing.

They say no sign up bonus, boosts, BOG etc, but they will take decent size bets and not limit winners.

I will judge them but the amount of arbs they create.  If its next to none, then im interested, if they are constantly featured on alert services, they are doomed to failure taking peoples balances with them.
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luctens
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Re: Blacktype
« Reply #2 on: August 25, 2016, 07:42:09 PM »

New Sportsbook, know very little about them but look intriguing.


They say no sign up bonus, boosts, BOG etc, but they will take decent size bets and not limit winners.

I will judge them but the amount of arbs they create.  If its next to none, then im interested, if they are constantly featured on alert services, they are doomed to failure taking peoples balances with them.

You're saying that if they don't have hardly any arbs then you're interested, but if they have loads of arbs then you're not interested. Surely if they've got hardly any arbs then they're of very little use to you anyway?

There's a report on http://www.sbcnews.co.uk/europe/uk/2016/08/25/racing-specialist-black-type-launches-on-fsb-technology/. They seem reputable looking at that report.

It's absolutely ludicrous to say that by having odds that create many arbs and laying customers to lose £500-£1000 on those odds means they are "doomed to failure". For sure it wouldn't be easy, but as long as they manage their book well then this is a manageable level of exposure to have so there's no point in making kneejerk reactions before they've even started. From the SBC News report it sounds as if the people behind Black Type are reputable, have significant experience in this sector and believe that this business model will work, and if quite senior figures in the industry which they sound like they are, if they believe this will work, then I certainly believe it has a good chance of succeeding.

They are UKGC licenced under https://secure.gamblingcommission.gov.uk/gccustomweb/PublicRegister/PRAccountDetails.aspx?accountNo=22201.

From my initial look at their site, it seems that Black Type are handling the horse racing odds with all other sports being the standard issue crap odds from FSB Technology and handled by FSB.

Their odds are on the Oddschecker grids. The horse racing seems to have a few small arbs from time to time but the odds get cut very quickly when they appear and the very small return on those sorts of arbs aren't really worth spending your time looking for.

With the other sports, I don't think I've seen any FSB Technology book on an alert service before but from what I've seen in the past with FSB Technology odds, they are very middle of the road not being on the sharp or soft side of the odds hardly any of the time so you will probably find it very hard to find any arbs.
« Last Edit: August 25, 2016, 07:54:32 PM by luctens » Logged
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Re: Blacktype
« Reply #3 on: August 25, 2016, 08:43:10 PM »

They could even be useful to get out of a worsening situation, or lock in a profit, especially when Pinbet88 have their daily maintenance at the wrong time lol
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NXV
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Re: Blacktype
« Reply #4 on: August 26, 2016, 06:29:08 AM »

Seems like they have updated their FAQ:

"Will you close my account if I back Arbs?

We do not welcome customers who use 'queue jumping' robotic bet placement/arbitrage tools. Using computer software to PLACE bets and gain an advantage is something we consider to be wholly unfair and accounts believed to be using such software may well be heavily restricted. Those using software to FIND arb bets however are welcome but, be quick, the prices won't last long as others are after that price too!"

Basically: Arbers are welcome, but they seem to think that we can't do them much harm without bots/software  ::)
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BOOYAKA
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Re: Blacktype
« Reply #5 on: August 26, 2016, 08:48:33 AM »


I reckon they will be out of business by the end of next year. Bookmakers who welcome arbers don't survive unless they are dead smart like Pinnacle and Sbobet.
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luctens
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Re: Blacktype
« Reply #6 on: August 26, 2016, 11:24:27 AM »


I reckon they will be out of business by the end of next year. Bookmakers who welcome arbers don't survive unless they are dead smart like Pinnacle and Sbobet.
I reckon you should give them a chance. There's no point in denigrating them before they've even started. Laying to lose £500-£1000 is an acceptable level of liability to have as long as their book is managed correctly, and from what we've heard so far, they are capable of doing that. Obviously as with any new bookmaker, keep your exposure to them small, but I think they have a very good chance of succeeding.

I think that if they do succeed and gain a lot of business, the other bookmakers will seriously be thinking about whether they should do the same, as if a bookmaker like this is offering a lay to lose guarantee and doing well with it, the other bookmakers have absolutely no excuse or argument that they can put across arguing why they can't do it themselves. So this bookmaker could really shake up the online sports betting market.

One thing that isn't clear is what they will do with smaller events as they have so far only said they will lay £500 on all horse racing and £1000 on all major sporting events and markets. They have said that they will highlight any events on their site that they class to be major sporting events and markets and therefore applicable to the lay to lose £1000 guarantee, but I can't see that they have highlighted these applicable events on their site as yet. But in regards to the smaller events and markets that aren't highlighted as major events, they haven't yet said what they will do with them.
« Last Edit: August 26, 2016, 12:22:06 PM by luctens » Logged
BOOYAKA
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Re: Blacktype
« Reply #7 on: October 16, 2016, 11:11:07 PM »

Gave them a try and won 6 arbs out of 7 in the space of a few days and have quadrupled my deposit.

Whoever is behind this organisation is absolutely clueless. They welcome arbers and don't keep up with the market. It is only going to end up one way if they carry on like this and that is in tears.

 :o :o :o :o :o
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luctens
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Re: Blacktype
« Reply #8 on: October 17, 2016, 12:15:16 AM »

Gave them a try and won 6 arbs out of 7 in the space of a few days and have quadrupled my deposit.

Whoever is behind this organisation is absolutely clueless. They welcome arbers and don't keep up with the market. It is only going to end up one way if they carry on like this and that is in tears.

 :o :o :o :o :o
Is there any particular sports you found arbs on and did you find arbs with Black Type through an arb alert service or did you have to look manually?
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Gamblers Ruin
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Re: Blacktype
« Reply #9 on: October 17, 2016, 11:27:05 AM »

Is there any particular sports you found arbs on and did you find arbs with Black Type through an arb alert service or did you have to look manually?

With my own system I've found some suspiciously big arbs on UK football with these guys, not brave enough to bet with them yet though.
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BOOYAKA
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Re: Blacktype
« Reply #10 on: October 17, 2016, 02:21:44 PM »


Yes found a few just looking through the site.

I hope this new bookmaker can be successful but at the moment I think it is odds against. They need to attract a large client base of recreational punters to balance against the sharp players, otherwise I can't see how it will work.
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raizzak
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Re: Blacktype
« Reply #11 on: October 17, 2016, 04:01:56 PM »


Basically: Arbers are welcome, but they seem to think that we can't do them much harm without bots/software  ::)

Actually it is very easy to survive arbers if you fullfill 3 basic requirements. 1st have big amounts of volume 2nd react to the money, don't offer big limits at beatable markets.
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cortomaltese
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Re: Blacktype
« Reply #12 on: October 17, 2016, 06:20:20 PM »

Come on people...
This book is nothing new or have anything new to add here!
Same odds with dafabet which is pretty much same odds with the asian giant ibc
Are you looking for an alert to have it ? Don't look any further , guess what? All alerts have 12bet which is ibc odds also
Am i the only one here seeing nothing new ?
Guess no!
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cortomaltese
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Re: Blacktype
« Reply #13 on: October 17, 2016, 06:21:42 PM »

Btw they are all taking odds from fsb
And  i am wondering is ibc taking odds from fsb or the opposite ?
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cortomaltese
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Re: Blacktype
« Reply #14 on: October 17, 2016, 06:29:10 PM »

Gave them a try and won 6 arbs out of 7 in the space of a few days and have quadrupled my deposit.

Whoever is behind this organisation is absolutely clueless. They welcome arbers and don't keep up with the market. It is only going to end up one way if they carry on like this and that is in tears.

 :o :o :o :o :o

I wouldn't worry about them mate , in the long run you will end up losing there providing that you are manually arbing
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