Copolymerizations of 1-decene (DC) with 1,9-decadiene (DCD), 1-dodecene (DD) with 1,11-dodecadiene (DDD), and 1-tetradecene (TD) with 1,13-tetradecadiene (TDD), using Cp*TiMe2(O-2,6-iPr2C6H3) (1)–[Ph3C][B(C6F5)4] (borate) catalyst in the presence of AliBu3/Al(n-C8H17)3 proceeded in a quasi-living manner in n-hexane at −30 to −50 °C, affording ultrahigh molecular weight (UHMW) copolymers containing terminal olefinic double bonds in the side chain with rather low PDI (Mw/Mn) values. In the DC/DCD copolymerization, the resultant copolymer prepared at −40 °C possessed UHMW (Mn = 1.40 × 106 after 45 min) with low PDI (Mw/Mn = 1.39); both the activity and the PDI value decreased at low polymerization temperature (Mn = 5.38 × 105, Mw/Mn = 1.18, after 120 min at −50 °C). UHMW poly(TD-co-TDD) was also obtained in the copolymerization at −30 °C (Mn = 9.12 × 105, Mw/Mn = 1.51, after 120 min), using this catalyst.