Blackbet

Blackbet Sportsbook Review

As a brand, Blackbet caters to the UK and Nigerian markets with two domains dedicated to the respective countries. Here, we’re focusing on the UK-licensed operation. Powered by the FSB Technology platform, the sportsbook offers an array of odds on numerous sporting and special events in an easily navigated system. Overall, the design is modern and, of course, mobile friendly. We’d also like to point out the range of promotions available as users will find quite a selection, which, unfortunately, tends to be rather uncommon for online bookies especially when other products are featured. Speaking of products, this brand is also associated with an online casino complete with table games, video poker and slots from the hottest providers such as Microgaming, NextGen, SG Interactive and more.

Tip: In order to cashout, bettors must meet two criteria to avoid a 5% processing fee (minimum £3). There must be financial activity on the account greater than or equal to 50% of the amount deposited.

Placing Your Bets

As you’d expect, the sign-up process is similar across the board and it’s no different here. Document and age verification are required. Another obvious statement is that one account is permitted per household.

Sports covered: American football, Australian rules, baseball, basketball, boxing, cricket, cycling, cricket, darts, football/soccer, GAA football, GAA hurling, golf, greyhounds, handball, horse racing, ice hockey, motor sports, MMA, pool, rugby league, rugby union, snooker, tennis and volleyball.

Virtuals: football, greyhounds, horses and motor racing.

Additionally, special bets are featured such as boat race, sports personality of the year and singing competition winners. These odds will vary based on current events.

In terms of betting, there are few things to note including some points that may seem basic, but are worth mentioning here.

Although less common these days, they do not accept bets by telephone, email, fax or any other form apart from online via the website. The minimum bet amount permitted is £1, but may vary only when specifically stated. Deposits as low as £10 are accepted and capped at a maximum of £5,000. When it comes to withdrawing winnings, the minimum payout limit is set nice and low at £10. The total winnings for a 24-hour period (00:00 – 23:59) may not exceed £50,000 or your selected currency equivalent.

Payment methods include: Visa; Visa Debit; MasterCard; Visa Electron; Maestro; Neteller; Skrill

FSB Technology (UK) Ltd is the current processor of credit and debit card transactions as well as deposits and cashouts.

Cash Out Feature

While not offered on all markets, the Cash Out feature is accessible on numerous singles and multiples bets. When available, you’ll see the icon. So, what is this thing called ‘Cash Out’? In a nutshell, you can opt to settle your original bet to guarantee either a profit or loss prior to the end of the event. Let’s say that things are looking good for a bet you’ve placed. This feature allows you to guarantee a payout, or even a lesser loss, before the final result. Anything can happen, right? Think of it as a bit of wager insurance. On the flip side, the bookie also benefits by paying out a reduced amount as compared to what you’d get if you’d waited for the completion of the event. Giving punters the opportunity to take a reduced loss also eliminates the possibility of paying out should you win by chance.

Upon submitting a Cash Out request, they’ll send you a notification confirming the approval as they’re not guaranteed to accept it in the event that the market suspends or the odds change before the settlement has been processed. Keep in mind that in-play cash out requests can take a bit longer to process due to the delay associated with this type of bet.

Submitting a complaint according to Blackbet UK:

“If you wish to make a formal complaint about our services you should first contact our Customer Services department using the contact us form on the website. We will respond as quickly as possible and in all cases we strive to ensure that all customers are responded to within 48 hours. Our response will include the name of the person who will be handling your complaint and a full record of the correspondence will be tracked, including our operator login credentials who has provided any response to you. If you do not believe our resolution to your complaint to be fair and transparent then you are free to request for the complaint to be escalated to a member of our Senior Management team who will personally review your complaint and make a final decision. Should you still be of the opinion that our resolution is not fair and transparent then the complaint is escalated to a "dispute" and can be referred to independent adjudication service IBAS. We give our commitment to pursuing an amicable solution to all disputes. All disputes and the resolution of these disputes will be reported to the Gambling Commission on a quarterly basis.”

Conclusion

Wrapping up, this bookie has a fair reputation. They aren’t yet known as one of the most reputable online bookies on the scene as of yet, but the general consensus is that it’s decent. The overall focus on the UK market may be viewed as a negative, but only UK residents are permitted to register anyway. The range of sporting events covered is really good and gives bettors a wide variety of choice. As always, we urge you to read the T&C’s prior to registration and first deposit.

External Links

FSB

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