Welcome Betway • 100% Refund up to 250$
Hello, I want to share my experience completing this offer.
Betway may have changed since the Ninjabet Guide was written, but you no longer (at least for me) have to Opt In to get the promotion. It is automatically applied if you are creating a new account with then and depositing/betting for the first time.
Perhaps more importantly, my calculations are off for this bet. Betway is Backbet 1 and I chose a game with Hard Rock as my Backbet 2. I adjusted the odds on the calculator as I always do. I placed my bet in Betway no problem. When I went to place my bet for Hard Rock it said I wasn't allowed to bet that high amount for that bet. So I had no choice but to place the highest bet that I was allowed, however this prohibited me from following the calculator exactly. Which means if Backbet 1 loses I will be down $125 instead of only $75. This is something that is not discussed in the Ninjabet guide and as far as I can tell there is no way for me to see beforehand what the betting limit will be for a particular bet. If there is a way, I have not been made aware of it. How can I be sure I can at least break even on this bet?
TLDR: Due to betting limits in Hard Rock I wasn't able to fully match my bet.
@rcordova6 when you hit a limit on one bookmaker, you can place the rest of the bet on any other bookmaker.
If you want to be really precise (when the odds on the third bookmaker are different), you can put in the calculator the "uncovered" bet amount.
- You had a back bet 1 of $100 and back bet 2 of $90
- You only managed to bet $45 on the bookmaker 2
- It means that you covered $45 / $90 x 100 = 50% of your back bet 1
- In the calculator you can put 50% of the original back bet 1 (50% x $100 = $50) and the odds from the new bookmaker where you will have to place the rest of the bet.
In this way you will still be covered for the totality of the bet. Just that if the odds of this third bookmaker are worse than Hard Rock, your bet will be less profitable.
Actually, I'm a little bit confused about this. How do you determine the percent covered based purely on dollar amounts when the amount that you have to put down on each bet depends on the odds? Maybe if I give you my real life numbers it will make more sense?
Back bet 1: $250, +230 odds
Back bet 2: Supposed to be $496.18 but I could only put down $406.25, -325 odds
Bookmaker 3: Has -350 odds
So how much $ would I need to put down to finish covering Back Bet 1?
@rcordova6 I'll explain it using your numbers so it will be more clear.
Your back bet 2 was supposed to be $496.18 but you only managed to bet $406.25. This means that you only covered for 406.25 / 496.18 x 100 = 81.9%
This means that the remaining 18.1% is not covered (100% - 81.9%).
Your back bet 1 is of $250. The 18.1% of $250 is $45.25.
This last one is the amount that you didnt cover from the back bet 1. So we go put it in the calculator with the odds from the third bookmaker and we see how much to go bet on the third bookmaker. Look at it as a separate bet.
In the screen I selected the real money mode but you can apply the same logic to any mode.
Thank you for teaching me. This is clear to me now. Appreciate the help!
@rcordova6 you're welcome. We are here for any question