The match began in lively fashion, with Wolves marauding forward and troubling their beleaguered opponents in the early stages.
After some early pressure, Blackpool goalkeeper Joe Lewis was forced to punch away two dangerous corner kicks in the first seven minutes, with the Tangerines defence working overtime to restrict Wolves to little more than tentative crosses.
Just after the quarter-hour mark, Nathan Delfouneso side-footed a volley over the bar in a rare Blackpool foray into the Wolves area.
The former Aston Villa man then launched into a dangerous run a few minutes later that was thwarted by Danny Batth.
In the 23rd minute, Lewis had to be at his best to block a Michael Jacobs header, while on the half-hour mark, Joan Oriol saw a teasing ball deflect out for a corner.
John Lundstram's effort from the resultant set piece, however, flew wildly over the bar.