When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
What does odds of 22/1 mean? If you were to betR$10 on 22/1 odds you would receiveR$220.00 in profit if this outcome won. The implied win probability of 22/1 odds is 4.35%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
In summary, to claim the R1,000 Betway sign-up bonus, you need to follow the steps below:
1
Complete the registration form,
2
Choose the Sports Welcome Offer,
3
Make a deposit ranging between R5 and R1000,
4
Place bets equivalent to 3 times the deposited amount at odds of 3.0 or higher within 30 days.
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