Darlow and Elliot will be vying for the goalkeeping spot in Newcastle’s team once the former Nottingham Forest man returns to fitness.
And Elliot is under no illusions as to how difficult it will be to keep his place in the Magpies’ starting line-up, as he knows the quality that the club have in reserve.
“We're in a strong position, it's open season, Karl's going to be back and he's a good keeper, brilliant keeper, it's good to have competition,” Elliot said.
"Freddie [Woodman] is very talented, he's ready to play and is good enough."
Darlow was snapped up by Newcastle from Forest in the summer of 2014 with the intention of being back-up to Tim Krul, following a season-long loan stint at the City Ground, but an injury to the Dutchman has presented him with a first-team chance quicker than he would have been expecting.
Krul is expected to miss the remainder of the season through injury, and it has left three Newcastle stoppers all vying for one place.
Darlow would have felt confident in his ability to claim the spot had he been fit when Krul picked up his knee compliant, but Elliot has now put in a strong claim to take the number one shirt.
Elliot has been in fine form since returning to Newcastle’s starting XI, and Darlow faces a fight to win a place between the sticks when he does return to full fitness.