Light-Rays Dispersed
A simply made design keeping "BET" prefix common for both the words "better" and "beta". Last "A" of "beta" is represented by a refractory prism which disperses the white light ray into seven parts (VIBGYOR).

Solution

Based on the observational concept that both the words "better" and "beta" have three letters common between them, I kept the "BET" prefix common. And then placed simply "ter" for "better" part, and finally I used a refractory medium (prism) to represent "A" of "beta". It disperses the white light ray into 7 parts (VIBGYOR).


P.S. - For the critics over here, it's not influenced by Pink Floyd's banner, the idea of prism struck me first! :)

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