Goliath Bet Explained

When you hear the term Goliath bet, you have an inkling of what this system is about. It is enormous. With well over 200 permutations, a Goliath bet is the biggest wager that you can make when gambling on sports online. So, it’s not surprising that you might be a bit wary about placing this type of bet. After reading this guide, you should be able to tell if the Goliath is the right system wager for you.

Best Bookies for Goliath Bets

If you are going to bet a Goliath, you want assurances that you are getting the most value. For that, you need to gamble on a reputable betting site. Most online bookmakers support these bet types, but you still have to find the one that works for you. Remember to check if a sportsbook offers free bets, promo codes or no deposit bonuses that allow you to place a Goliath bet for free. Here are our top betting websites for Goliath betting:

What is a Goliath Bet?

Any smart punter will want to know what a Goliath bet is before putting up real money. The system wager contains 247 bets that cover eight different selections. It’s the biggest selection wager available. The combinations in this system are 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-fold accumulators and one eight-fold.

Although a Goliath bet covers the eight selections extensively, it doesn’t comprise single bets. For this reason, it needs multiple winnings, at least two, to generate a payout. All the wagers require an equal unit stake. So, if you intend to wager £1 on a prediction, then your total stake would be £247. As with other multiple bets, a Goliath is suitable for horse racing.

Betting on horses gives you the chance to wager on various events. Also, horse races tend to have markets with long odds that make Goliath betting worthwhile. Nevertheless, you can get good returns from a Goliath bet by gambling on other sports, including football, greyhound racing and cricket. You only have to know how to choose the right selections for Goliath bets.

Due to the expansive nature of the Goliath, it is most suitable for seasoned punters. A novice might lack the confidence to place a Goliath bet. However, with a bit of practice, you can familiarise yourself with the betting system. It’s why we recommend free gambling the first few times. Some online bookmakers have cash bonuses and free bets that bettors can use to gamble on various markets with minimal risks.

How Does a Goliath Bet Work?

If you need a Goliath bet explained further to learn how to use it, then this section should help. Here, we take apart the 247 bets contained in a Goliath bet to make it easier for gamblers to place them. Before choosing the events that you want to wager on with a Goliath, you should be certain that you have the money to cover them all. After identifying the different selections to bet on, whether they are races, matches or meets, you will wager on every possible combination, except for singles. Let’s take the following events: A, B, C, D, E, F, G, H. In a Goliath, the multiple bets will be:

Doubles x 28 Trebles x 56 Four-folds x 70 Five-folds x 28 Seven folds accumulators x 8 Eight folds accumulator x 1 – A+B+C+D+E+F+G+H

A Goliath bet is the ideal solution if you are searching for something less risky than traditional eight-fold accumulators. Rather than have eight permutations in one wager, you have an expansive system that covers all your bases. The absence of single bets has its downsides, of course. If only one pick wins, then you lose your entire stake. With a Goliath, you can look forward to the treble bet, four-folds, five-folds and the other multiples to provide winnings. Typical of any system wager, a Goliath bet is available to play each way. It means that you can bet on two outcomes per selection – to win and to place. Hence, an each-way Goliath is going to cost double the stake of a standard bet.

Tips with Goliath Bet

If your stakes are to bring in good profits, then you have to leverage a Goliath bet in every way possible. Thus, you should know how to play the system wager correctly, and we can help. Once you grasp the functioning of the Goliath, use the following tips to improve your betting.

Due to the number of lines in the Goliath, it’s suited for experienced bettors. You need a proper understanding of the system before attempting it. Thus, it is best to risk your bankroll as little as possible before getting fully committed to Goliath bets. Use no deposit offers, free bets and other bonuses to practice for free first.

Know the right sports bet for Goliath betting. Although the system works for many sports, learn to pick the ones that offer maximum value. A Goliath bet is suitable for even-money odds. With such prices, each successful prediction doubles your earnings. Also, focus on events whose outcomes you are confident with. The point of combination wagers is to boost winnings as much as possible. For that, you need several selections to be correct.

Odds comparison is paramount when sports betting. The market prices that you play with directly affect your profit margin. So, try to get the most competitive odds for your selections. You can find free comparison tools online that will make it easier to shop for prices.

For bettors who are still new to Goliath bets, don’t invest too much too fast. Understand the risks of these bet types first. Over time, you will learn how to choose stakes that keep the Goliath reasonably priced but sizeable enough to make the small combinations (doubles and trebles) worthwhile.

Winning with a Goliath Bet

You need at least a winning double for a Goliath bet to provide any payout. However, as with similar bet types, a successful double bet is not enough for a profit. Even a treble would still not break even. You can be glad that you didn’t burn your entire stake, but that’s about it. Decent wins are noticeable with five permutations.

Depending on the odds, a Goliath bet can bring you leviathan winnings that are impossible with any other system. The wager covers the possibility of a certain number of outcomes succeeding with each combination. For example, the 28 double bet combinations contain any possible variation of two predictions winning and the others losing. So, if teams A+B, B+C, D+E or any other combination won, then at least one double wager would receive a return.

The same goes for the treble bets, four-folds, five-folds, six-folds, seven-fold accumulators and eight-fold accumulators. Returns jump in increments with every successful sports bet. Punters should know that it is difficult to have multiple winnings. Nonetheless, you should try to get most of the outcomes correctly. Thus, be cautious about the events you pick to place a Goliath bet. Use all the resources available, including statistics, tips, and predictions to improve your chances. Most of these are available for free online, thus your betting budget doesn’t have to suffer.

Our Conclusion to Goliath Betting

If a Goliath bet sounds like a complicated way to wager, that’s because it can be. Placing 247 individual wavers is no small feat. Fortunately, bookmakers handle most of the heavy lifting. Nevertheless, novices should not attempt gambling with a Goliath. Other simpler system bets would be more suitable before considering this gigantic wager. Don’t be discouraged, though. Once you comprehend how the Goliath works, you can invest in it accordingly. Besides its complexity, a Goliath bet gives gamblers the chance to collect monster wins.

Whether you are wagering win only or each way, remember to check offerings carefully to ensure that you can derive as much value as possible. Also, mix up the odds. Have some short and long prices to capitalise on all opportunities to earn profits. Although long prices have their risks, they can boost your returns dramatically. Therefore, if you have eight selections that you fancy and have a good feeling about, consider placing a Goliath.

FAQs to Goliath Betting