Readbet.com.au 10% Bet Refund Offer

For a Winning bet:
We pay you $425!
(Profit = Stake of $100 x Odds of 4.25 = $425 less the cost of the bet of $100 = $325.)

For a Losing bet:
We pay you $10!
(Rebate (discount) = Stake of $100 x 10% = $10)

Example 2:
$1,000 Discount Bet at declared odds of 6.35, with a 10% rebate (discount), the following applies:

For a Winning bet:
We pay you $6,350!
(Profit = Stake of $1,000 x Odds of 6.35 = $6,350 less the cost of the bet of $1,000 = $5,350.)

For a Losing bet:
We pay you $100!
(Rebate (discount) = Stake of $1,000 x 10% = $100)

Example 3:
$10,000 Discount Bet at declared odds of 3.10, with a 10% rebate (discount), the following applies:

For a Winning bet:
We pay you $31,000!
(Profit = Stake of $10,000 x Odds of 3.10 = $31,000 less the cost of the bet of $10,000 = $21,000.)

For a Losing bet:
We pay you $1,000!
(Rebate (discount) = Stake of $10,000 x 10% = $1,000)