One bar groups three counted beats
In Slow Waltz, bars per minute and BPM do not represent two different speeds. They measure the same music in units of different sizes. A three-quarter-time bar contains three quarter-note beats. So when you count whole bars, you group three of these beats together each time.
For quarter-note beats: bars per minute times three equals BPM. A recording at 30 bars per minute therefore contains 90 quarter-note beats in the same minute. To convert in the other direction, divide the corresponding BPM value by three: 84 BPM becomes 28 bars per minute. The conversion does not change the music, only how you describe it.
You can also understand the time span this way. At 30 bars per minute, one bar lasts two seconds. Within those two seconds are three evenly spaced quarter-note beats. So if you count only the more prominent accent at the start of each bar, you count fewer events than someone counting every quarter-note beat.
The relationship between bars and beats depends on the music. The explanation of BPM in Slowfox shows why you cannot apply the Waltz calculation to another standard dance.

