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1win Halves Betwave Top Prize, Expands Winners to 50

1win Halves Betwave Top Prize, Expands Winners to 50
1win has cut the first-place prize in its Betwave predictor competition from $20,000 to $10,000. The monthly pool remains $100,000, but cash rewards now go to 50 participants instead of 20. A different ranking formula also took effect on November 1, 2026.

The changes are detailed in the official Betwave competition rules, which retain both versions for comparison. Betwave runs on virtual funds (vUSD). Participants make sports predictions without staking real money, while the monthly contest awards actual cash prizes.

The Top Three Now Share $19,000 Instead of $46,000

The biggest cuts are concentrated at the top of the leaderboard. The revised payouts are:

  • First place – $10,000, down from $20,000;
  • Second place – $5,000, down from $15,000;
  • Third place – $4,000, down from $11,000;
  • New prize places – 21st receives $2,050; 50th receives $500.

Together, the top three prizes have fallen by $27,000, or 58.7%. Meanwhile, the 30 additional winning positions account for $38,200 of the new prize distribution.

There is a discrepancy in the old published schedule. Its 20 listed prizes add up to $100,500, although the stated monthly pool was $100,000. The revised 50-place schedule totals exactly $100,000.


The ROI Formula Changes Who Can Lead

Betwave previously ranked predictors by profit divided by total virtual stakes. Only settled predictions counted toward that result.

The updated formula measures the percentage change in each participant’s total virtual balance over the competition month. Funds tied up in unsettled predictions remain included until those predictions are settled.

A predictor starting with 10,000 vUSD and earning 1,000 vUSD in profit would have a 10% ROI under the new formula. Previously, the same profit from 5,000 vUSD in total stakes would have produced a 20% ranking figure.


Five Predictions Still Needed to Qualify

Five qualifying predictions are still required. Repeating an identical pick won’t help meet that minimum.

The first monthly contest under the revised rules ends on November 30 at 23:59:59 UTC.

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Olga is an iGaming editor and writer with hands-on experience in the industry since 2023. She covers industry news, operator updates, product launches, and key developments across the global gambling market.

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