Advancebets on Betwinner

Advancebets on Betwinner provide an opportunity for bettors to place additional wagers based on the potential returns from their unsettled bets. This feature allows you to maximize your betting opportunities even when you have ongoing bets. 

What is an Advancebet?

Advancebets are special bets offered by Betwinner that allow you to place additional wagers using the potential returns from your unsettled bets. Betwinner offers these bets at their discretion and may refuse them without providing a reason. The amount available for an Advancebet is calculated based on the potential winnings from your unsettled bets on events that are due to start within 48 hours.

Key Features of Advancebets:

• Discretionary Offering: Betwinner may offer or refuse Advancebets without needing to provide a reason.
• Available Amount: The available Advancebet amount is displayed on your bet slip. By clicking the “Find out” button next to “Available Advancebet,” you can see the amount you can use.
• Betting Scope: Advancebets can be placed on live sports events or events starting within 48 hours.
• Repayment: All bets settled within 48 hours of placing an Advancebet are used to repay the Advancebet. If the returns from settled bets are insufficient to repay the Advancebet, the Advancebet is considered void.
• Multiple Unsettled Bets: You may receive an Advancebet offer even if you already have unsettled Advancebets.
• Deposit Rules: Deposits made after using Advancebets cannot be used to repay them.

How to Place an Advancebet on Betwinner

Check Your Available Advancebet: Log into your Betwinner account and go to your bet slip. Go to the buttom of this section to see the amount you can use.

Select Your Events: Choose the live events or those starting within the next 48 hours on which you want to place your Advancebets.

Decide on Your Stakes: Determine how much of your available Advancebet amount you want to use for each bet. You can place multiple bets using your available Advancebet amount.

Place Your Advancebets: Enter your stakes and press button “Place a Bet”. The bets will be placed using the available Advancebet amount displayed on your bet slip.

Monitor Your Bets: After placing your Advancebets, monitor your bets to see how they progress. Your unsettled bets and their potential returns will influence the repayment of your Advancebets.

Example of an Advancebet

Let’s consider an example to illustrate how Advancebets work:

Your Account Situation:

Current balance: $260

Placed bets:

• $100 at odds of 1.5 (potential returns: $150)
• $150 at odds of 2 (potential returns: $300)

Available balance: $10

Advancebet offered: $100

Your Bets:

• Place a bet of $30 (using $10 from your balance and $20 from the Advancebet) at odds of 1.5. Potential returns: $45.
• Place another bet of $50 (from the Advancebet) at odds of 2. Potential returns: $100.

Advancebet Example

Potential Outcomes of Advancebets

All Advancebets Win:

• The potential returns from Bet 3 ($45) and Bet 4 ($100) are realized.
• Bets made with your own funds lose.
• The Advancebet of $70 ($50 + $20) is voided, and the $10 from your own funds used in Bet 3 is refunded.

Only Bets from Own Funds Win:

• Potential returns: $450 ($150 + $300).
• $70 ($50 + $20) used as Advancebets, including $10 of your own funds.
• Payout: $380 ($450 – $70).

All Bets Lose:

• Bets from Advancebets are nullified.
• The $10 from your own funds used in Bet 3 is lost.

Conclusion

Advancebets on Betwinner offer a way to continue betting even when you have existing unsettled bets. By leveraging potential returns, you can place additional wagers and potentially increase your winnings. Remember to manage your bets carefully to maximize your returns and repay the Advancebets effectively.

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