Introduction
The following is an in-depth review of the betting agency Titan Bet. This review covers the history, features, interface, sports & racing markets, upsides and downsides of the service.
This review is part of our comprehensive Bookmaker Reviews section. The Betting Agencies page provides information and reviews for other sports betting agencies that are suitable for Australians. The following details are updated periodically to keep them up to date.
History, Location and Licence
Titan Bet was launched in January 2011. Its sports betting platform was engineered by Playtech, a software developer that also provides gaming software to bet365, Betfair, Paddy Power and William Hill. Titan Bet is Licensed by the Antigua and Barbuda Financial Services Regulatory Commission, an international gaming Licensing and regulatory authority.
In addition to sports betting, Titan offers additional gaming products through its more established brands such as Titan Poker and Titan Casino.
Services and Features
| Deposit options | Australian residents can deposit by credit card, Skrill (Moneybookers), POLi2, Click2Pay, NETeller, EntroPay and bank transfer. When using an international bookmaker, we recommend you use Skrill (Moneybookers). |
|---|---|
| Withdrawal options | Skrill (Moneybookers), Click2Pay, NETeller, EntroPay and bank transfer. |
| Transaction fees | None that we’re aware of. |
| Currencies | AUD, CAD, CHF, DKK, EUR, GBP, NOK, SEK, USD, ZAR |
| Languages | English, German, French, Spanish, Russian, Italian |
| Odds formats | Decimal, fractional, American |
| Minimum deposit | $10 for your first deposit, $20 thereafter. |
| Minimum bet | $0.10 |
| Maximum payout | The maximum daily payout on any bet is €50,000. This amount excludes the original stake. |
| Deposit turnover requirements | None that we’re aware of. |
| Bonus credit turnover requirements | None that we’re aware of. |
| Bookmaker margin | 5.9% (see below for more details) |
| Credit facilities | None. |
| Forbidden Jurisdictions | Afghanistan, Antigua and Barbuda, Belgium, Bulgaria, China, Cuba, Cyprus, Estonia, France and its territories, Greece, Hong Kong, Iran, Iraq, Israel, Italy, Kahnawake (in Canada), Libya, Macau, Netherlands Antilles, Serbia, Sudan, Syria, Philippines, Turkey, USA and its territories. |
| Mobile version of the website? | A mobile version of the website is available. |
| Identity checks | “When deciding whether to accept your registration, we may supply the information you have given us to authorised credit reference agencies to confirm your identity and card details. Any account holders depositing from debit and credit cards may be required to provide additional proof of identity to assist with age verification before making their first withdrawal.” |
| Dormant account fees | Inactive account fee schedule is €5.00 EUR (or the equivalent amount in your currency) every 30 days if you account has been inactive for 180 days. |
| Support | Online chat is available. You can also contact support by phone, fax, email, or by post. |
Betting Interface and Website Layout
Titan Bet uses the classic three-column layout, with sporting markets listed on the left, odds displayed in the centre and the betting slip displayed on the right.
The interface was recently given an overhaul, which has addressed our previous criticisms concerning the old markets display layout. The new design displays odds concisely and in an easy to retrieve manner.
When a sport is selected the leagues are dynamically displayed below the sport rather than in the centre column. You can opt to view a selected market across every upcoming fixture for a specific league, or you can view all markets for a specific fixture.
The betting slip is dynamically updated when selections are made. Multi betting options (doubles, trebles, 4 folds, etc.) are displayed in the slip if more than one eligible selection is made.
One interesting feature is selected items remain highlighted in the odds display area to make it easy to see what has already been added to your betting slip.
Bookmaker Margin
In our most recent bookmaker margin survey, Titan Bet had an average bookmaker margin of 5.9%, which is higher than the survey average of 5.1%. From a punter’s perspective, the lower the margin, the better. It appears that Titan Bet and Winner share the same odds.
Sports Markets
Titan Bet offers markets on most sports, however the number of markets per event is not as deep as other bookmakers for some leagues. To illustrate, at the time of review, for an NBA Conference final game Titan Bet offered 3 markets: head-to-head (moneyline), line (handicap) and totals, while Sportsbet offered 53 markets on the same event. With that being said, if you primarily wager on the main markets such as head-to-head, line and total points, the selection offered by Titan Bet should comfortably meet your needs.
Titan Bet’s biggest strength is football (soccer). At the time of review, between 15 and 63 markets were offered per fixture from leagues around the world.
Betting on Australian sports is limited, with 2 markets (head-to-head and line) offered on AFL and NRL fixtures. If you primarily wager on Australian sports then an Australian bookmaker would better suit your needs.
Horse Racing
Racing markets are available for venues across the UK and Ireland. Winner and each way betting are supported.
We get the impression that Titan Bet is more focused on sports than race wagering.
Live Sports Betting
According to the Interactive Gambling Act, bookmakers can’t offer live online betting to Australian residents – they can only do so over the phone. International services either ignore or aren’t aware of this law, and continue to offer live betting services to Australians. Adherence to the Act is the responsibility of gambling operators and not individual Australians. It is not an offence for an Australian resident to bet in-play (live) online.1
The in-play betting service at Titan Bet is separate from the rest of the website to accommodate more interactive features such as dynamic odds and score updates. The live betting interface is well designed, feature packed, and enables you to combine in-play and pre-game wagers in your betting slip.
Titan Bet wasn’t included in our survey of bookmakers that offer live (in-play) betting, but at first glance, the service looks good, with detailed scores available and different graphics to represent each sport. A calendar of upcoming live events is provided, which is a great place to research if you are considering a Titan Bet membership. At the time of review numerous sports were covered, with football and basketball appearing to be their specialty. We couldn’t find any AFL or NRL events covered live, so if you are interested in live wagering on Australian sports, we recommend BetVictor or Stan James.
Upsides
- Live (in-play) online betting
- Broad selection of deposit and withdrawal options
- Head-to-head stats are available for most sports. A link to the corresponding stats is provided next to each fixture when the odds are displayed.
- Low minimum bet.
- Numerous weekly bonus bet promotions
- New member bonus credit doesn’t have to be wagered all at once
- Titan Bet’s sign up offer is available to Australian residents
Downsides
- With the exception of football, the number of markets per event is not as deep as other bookmakers
- Less competitive odds on Australian sports
- Inactive account fees
Bottom Line
Titan Bet is a solid betting service that provides the upside of enabling Australian residents to bet live (in-play) during events. It is worth noting that when William Hill ceased offering accounts to Australian residents, they recommended Titan Bet as an alternative bookmaker. Due to the lack of depth of markets on Australian sports, we recommend Titan Bet as a companion to an Australian bookmaker membership rather than as a stand-alone membership.
Notes and Sources
- 1 http://en.wikipedia.org/wiki/Interactive_Gambling_Act
- 2 POLi facilitates online bank transfers that are acknowledged by the bookmaker instantly. This enables you to log into your banking provider, transfer money to the bookmaker, and place bets immediately.