Titanbet Deposit Bonus Code 2017 – All Terms Explained
Many of you may recognise Titanbet thanks to their world-famous Titanpoker range. Titanbet, the lesser-known bookmaking branch of the Titan family, has spent the past 6 years establishing itself as a professional bookmaker.
The online betting website was formed by Playtech plc, the world’s largest online gaming software developer. As well as offering sports betting, Titan account holders will have access to additional gaming products, namely Titan Poker, Titan casino, Macau Asian gaming, live casino and bingo.
The company structure is, compared to other bookmakers, rather confusing. The running company Imperial E-Club Limited has its headquarters in the Philippines, but Titanbet is operating with a betting license from Cyprus. The OpenOdds team took a much closer look at this rather interesting bookmaker in our OpenOdds' Titanbet review.
Since Titanbet is a relatively new bookie to the competitive world of online betting, the bookmakers have worked hard to build up a fanbase of sports betting clientele. In order to do this they have offered a number of welcome signup bonuses over the years, but their 2017 new customer offer is their best yet. You'll find the full Titanbet bonus terms explained below.
Titanbet: A fresh new sign up bonus for 2017
Simply put, as a new customer to Titanbet you will receive an 100% matched deposit bonus of up to £200. In order to be eligible for this bonus you must create an account on Titanbet and deposit £10 into your account. There aren't any Titanbet bonus codes associated with this offer. Annoyingly, however, the “simple” explanation does not cover the factors listed in the terms and conditions, which are particularly extensive for this signup offer.
Making your first deposit with Titanbet
One of the great things about Titanbet is that there are a ton of ways to pay. With their versatile payment methods customers from all over the world can find a suitable way to pay. All of the transactions processed on Titanbet are encrypted and secure, meaning you can rest easy knowing your personal details aren't falling into the wrong hands. You can pay with Visa, MasterCard, Maestro, Diners Club,InstaDebit, Paysafecard, Giropay, Skrill, Neteller, Entropay, Trustly, wire transfer, and more. Deposits are instant with most methods so you won't be waiting all day to play. Titanbet does not charge any fees for these transactions, although your provider may. To avoid as many fees as possible, it's worth the trouble to contact your preferred payment method and ask them about their policies.
Withdrawing your winnings
No one likes to be met with surprises when they request to withdraw their winnings. You should know that Titanbet will take an average of 3 days to review your withdrawal request. During this time the bookmaker will review you account, ensure that all bets are settled, look into any bonus funds you may have won, and so on. They will also ask you for certain documents they will use to verify your personal information. They will check to see that the name of the card holder matches the name of the Titanbet account. They will also make sure that all customers are not under the age of 17. These requests take a bit of time, but they maximise the security of the betting website by preventing fraud or money laundering.
Titanbet deposit bonus overview:
- 100% bonus up to a maximum amount of £200.
- The minimum deposit is £10.
- 8x rollover requirement at minimum odds of 2.00 and maximum odds of 11.00 in order to withdraw winnings.
- The “Rollover Requirement” however, states that a minimum of £10 bets of £10 or more must be settled in order to meet requirement.
- You must complete the Rollover Requirement within 14 days of receiving your bonus in order to withdraw winnings.
- Huge improvement on previous offers
- No Titanbet bonus code required
Current Titanbet promo code & signup bonus
After the initial embarrassment of redirecting customers who clicked on the 2014 sign up offer to the sports betting portal where the offer disappeared, Titanbet have clearly worked hard since to make improvements. Having said this however, the terms and conditions of this new and improved signup offer are extensive and include a number of hidden potholes. The Titanbet deposit bonus offer still has a long way to go to be included in our best bonus offers.
The 2017 Titanbet deposit bonus explained below is worth £200 and is likely to appeal to novices and veterans alike. The annoying thing about this offer is the sheer number of terms and conditions included. I would like to draw your attention to term number 6 where the wording causes a huge amount of confusion: “In order to withdraw any winnings from this bonus, you must wager the sum of your deposit and bonus eight (8) times at minimum odds of evens (2.00) and maximum odds of 10/1 (11.00) ("Rollover Requirement"). A minimum of 10 bets of £10 or more must be settled in order to complete your Rollover Requirement. Your bonus balance will be used automatically to place bets only when there are insufficient funds in your real cash balance.”
So, we are left wondering are you required to make 8 or 10 bets in order to finally get your hands on some winnings? Better explanations needed in the future, Titanbet! Also, there are further restrictions to the bonus, such as not allowing the bets to be placed on horse racing, which may dissuade some sports bettors.
The only positive point: no special Titanbet bonus code or Titanbet promo code is needed to acquire the Titanbet sign up bonus. Everything pertaining to redeeming the bonus can be completed at the Titanbet website. Unfortunately, despite considerable changes to the 2017 version of the Titanbet signup bonus, we remain unimpressed.
Bonus conditions for the Titanbet bonus code and the Titanbet bonus.
- Name: "Welcome Bonus – Get 100% up to £200".
- Bonus type: New customer bonus in the form of free betting money.
- Maximum bonus amount: £200.
- Able to be cashed out: No.
- Betting requirements: 8 (or 10?) “qualified bets” made within 14 days of being credited.
- Minimum odds: 2.00.
- No Titanbet bonus codes needed
Titanbet Deposit Bonus Terms Explained
It seems that Titanbet have a real knack for confusing advertisements which state one thing at first glance and then another in the terms and conditions. Take Titanbet’s 2017 sign up bonus for example: they claim that they will double your deposit suggesting a real cash bonus, but instead you are forced to use this bonus on x number of bets with a whole host of conditions thrown in. When comparing this bonus with the Best Free Bets Offers, the shortcomings become apparent.
Fortunately, you do not have to search the internet for a Titanbet bonus code or Titanbet promo code, just register directly with Titanbet in order to sign up. The Titanbet bonus was rated by the OpenOdds team with a score of 72 out of a possible 100 points. Note that it is only with a rating of at least 85 point that we here at OpenOdds regard signup bonus offer as really good, comparable to those offered by the best online bookmakers in the industry. There you have it; the Titanbet bonus explained.
5 Expert tips for the Titanbet bonus
Once you have got your head around the terms & conditions of the Titanbet bonus, you may well be in a good position to walk away with a healthy winnings balance. Despite being designed for newcomers, this bonus could arguably work better for betting-savvy punters, who can use the bonus to their advantage on carefully placed bets.
Be wary of large welcome bonuses:
Yes it’s true. It is common for bookmakers offering a welcome bonus to specify that the free money awarded be used exclusively for betting. Not only that, but many bookmakers often specify how many times you have to bet using the full amount. These types of bonuses usually cannot be withdrawn from your account. This is the case with the Titanbet bonus. It is worth noting however that once you have complied with all the terms of the rollover you redeem up to £2000 worth of winnings. Whether or not you deposit enough money to win the full £2000, there are some advantages to this bonus and others like it. To start, redeeming these bonuses forces you to get comfortable with placing bets. If you're new to sports betting this is a great way to try out various markets. Beginners should work especially hard to gain some betting experience. Placing qualifying bets to redeem your bonus is a great way to start your betting off strong. As you gain confidence you'll develop a betting style and strategy that will help you make the most of your bonus funds.
Stick with what you know:
It may seem an obvious point but to begin with you really ought to only bet on sports that you are familiar with. If football is your passion, for example, you are going to have a better ability to predict and understand the odds and outcomes of various leagues better than if you were to, say, bet on the National Rugby League. If you've watched football for years and years, you have tons of sports news and stats in your head. The trick is accessing that knowledge when you need it most. As you're placing your bets draw on all know about the sport and players you're betting on. If you don't know everything about a team, but you know a ton about a specific player, then try to focus your markets on that player. In the case of the Titanbet bonus which requires you to place a number of bets with your bonus, it’s probably better to stick to one market so that you know you have it covered, rather than spreading it too thin by betting on many different sports. Bet with confidence and use your background knowledge to your advantage.
Everyone loves an underdog:
When allocating the odds, the bookies tend to give lower odds to the favourites; this is just common sense for a bookmaker. So, the underdog as a consequence often has the best odds and potential for much bigger earnings. The key is knowing how and where to spot an underdog. When betting on your favourite sport or a market you know particularly well, it’s often easier to spot an underdog. If you're not super knowledgable on any particular sport, there's no better time to get informed. Start reading sports news and checking daily stats. If this seems too overwhelming focus your research on a particular team or player. Even this limited information will end up earning you bigger payouts and more thrilling betting experiences. So, take this opportunity, take a risk and place your bets accordingly. It is unlikely that the underdog’s odds will comply with your bonus odds limit, so you will have to free yourself from those shackles before the real fun can begin.
Test your strategy:
You might think that betting is a lot of guesswork, but you would be wrong. Betting combines strategy and luck in the best possible combination. So what strategies should you try? If it is your first time betting, understandably you will want to try out a number of strategies to see which work best for you. You could bet it all in one go, every time; stick to a fixed wager; double your stake after failings to cover your back with your winnings; proportional betting depending on your current credit, and the list goes on. Testing strategies with your sign up bonus is a good place to start, especially if you are required to make x number of bets using the sum of your deposit and balance. Betting blogs offer some great resources for beginners. You can find out what strategies have worked for experienced punters and why. Find the best tips and odds comparisons while you watch your strategy improve before your eyes.
Small stakes are smart:
Once you are free from the limitations placed on odds in the majority of welcome offers, it is time to play smart. Placing small bets across various sporting events with good odds is a good idea to start with while your balance is still relatively low. Fortunately, your stakes will be limited by the terms of the Titanbet sign up bonus, which in the long run is probably good practice for a beginner. This strategy cuts down on the risk and allows beginners to really stretch their legs and get comfortable with placing bets. You won't risk draining your bank account and little by little you could gain a nice profit.