Step By Step Guide

Open & Deposit

• Open your Blacktype account using the above button

• Once opened you will need to deposit £10.  We recommend using a debit card

• Change the odds display to Decimal.  When logged in towards the top right, click “Odds Type” until it shows Decimal

• We are now ready to proceed to Step 2 !

Find Trigger Bet

• Blacktype Offer is a £5 Free Bet ONLY if our 1st Bet of £10 loses.  To lock in a profit on this offer we recommend using the OddsMonkey “Risk Free Equal Profit Calculator” here.

(You can read why we recommend OddsMonkey here.  You can sign up for free and have access to the Risk Free Calculator without having to upgrade to Premium)

• The settings for the Calculator should be
  • Back Stake = £10
  • Back Odds = (Enter the Back Odds)
  • Lay Odds = (Enter the lay odds)
  • Lay Commission = (Enter your lay commission at the exchange)
  • Free Bet Award = £5
  • Free Bet Retention = 80%

• Once you have found a suitable bet please double check the odds and proceed to Step 3

Calculate Your Lay Bet & Place Bets

USING ODDSMONKEY RISK FREE EQUAL PROFIT CALCULATOR FROM STEP 2

• Your profit breakdown will be displayed along with your liability.  Please ensure you have at least this amount available in your exchange account so you are able to place the lay bet when required.  If the liability displayed is too high then you will either need to deposit additional funds or select a different bet with lower odds

• Double check the odds are still correct at the exchange and Blacktype (if the odds have changed please update the calculator with the new odds)

• Once all ok place your £10 back bet at Blacktype

• Place your Lay Bet at the exchange

If your £10 bet WINS with Blacktype you have made an instant profit and you can withdraw any funds and move onto your next offer.

If your £10 bet LOSES at Blacktype you will initially be a small amount down but will then qualify for a £5 free bet with Blacktype  to then make an overall profit.

If your bet has lost proceed to Step 4

Place Your Free Bet(s)

• Blacktype will credit your free bet within 48 hours of your 1st bet settling

• For our Free bets we ideally need to look for close matches at higher odds (5.0+) as this increases our profit

• Use the OddsMatcher below to find a suitable opportunity or manually look for close matches between the exchange and Blacktype

• One important note is that the higher the odds the higher the liability and therefore the greater funds you will need in your exchange account to place the Lay Bet

• Once you have found a close match open the calculator here and ensure it is set to Bet Type = Stake Not Returned .  This adjusts the calculations for our Lay Bet to lock in a profit regardless of the result of the bet

• Again, please ensure you check the liability and if you do not have sufficient funds in your exchange account then you will need to either deposit additional funds or find an alternative bet at lower odds

• Once happy please double check the odds at the exchange and Blacktype, if changed please ensure you update the odds in the calculator

• Once all ok place your £5 free bet at Blacktype ensuring you have selected your free bet in the bet slip and not using your cash balance

• Place your lay bet at the exchange

Congratulations!  Once the bets have all settled and you have played your free spins you can withdraw any funds remaining at Blacktype and move on to the next offer.  If you wish you can mark this offer as completed via the button at the top of the guide so it is removed from your list of offers