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:
|Bookmaker||Welcome Bonus||Highlights||Rating||Visit Bookmaker||T&C|
|🥇 MansionBet||Bet £10 Get £20||Markets: 93, Bet Types: 36, Odds Levels: 95.21%||5.0 out of 5||www.mansionbet.com||Full T&Cs Apply! * New customers only, min deposit and bet £10 (£20 if E/W bet) from UK Debit card only. Paypal not accepted. Min odds evens (1/5 per multi selection). 2 x £10 Free Bets valid for 7 days, stake not returned, no cash out|
|🥈 Betway||£10||Markets: 96, Bet Types: 40, Odds Levels: 93.54%||4.9 out of 5||www.betway.com||Full T&Cs Apply! *New customers only. Min Deposit: £10. First deposit matched up to £10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card & PayPal deposits only. This offer is valid for 7 days from your new account being registered.|
|🥉 888sport||£30 Free Bet||Markets: 99, Bet Types: 38, Odds Levels: 93.76%||4.8 out of 5||www.888sport.com||Full T&Cs Apply! New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply & Full T&C’s apply|
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.
Goliath Bet Example
So, you think that a Goliath bet is worth risking but still have some concerns about how it all works. The example that we provide here should clear things up. You can see how a Goliath would pay when betting on real events. We used matches from Ligue 1 because football is one of the most popular markets for this system wager. Our events are St. Etienne-Nantes, Lyon-Lille, Angers-Caen, Guingamp-Nice, Monaco-Montpellier, Nimes-Amiens, Toulouse-Dijon, Strasbourg-PSG.
We put down a unit stake of £2, totaling £494. Then we backed Nantes at odds of 1.78, Lyon at 1.28, draws for the 3rd and 4th picks at 3.40 each, Monaco at 1.85, Nimes at 1.90, Toulouse at 1.85 and Strasbourg at 7.25. If the first two predictions were right, then we would start to see a payout. In this case, we would get a measly £4.56 which barely covers the cost of two wagers. However, if the first five predictions are correct, we would make £674.04, which is a profit of £180. Now if we get lucky and every outcome that we backed is right, then the return would be a mouth-watering £47,645.80.
With a free bet calculator, you do all the math in advance to see what a Goliath bet is worth. When working out the returns for horse racing wagers, remember to factor in rule four deductions if one of your selections withdrew. Most free bet calculators incorporate this feature.
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.
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FAQs to Goliath Betting
💷 How much does a Goliath bet cost?
The stakes you decide to play will determine the cost of the entire bet. A Goliath bet consists of 247 permutations of equal value. So, the amount you place for a unit stake would have to be multiplied by the number of bets. If you plan to wager £1, then the total stake would come to £247. From this, you can see that Goliath betting can get very expensive, very fast. Thus, gamblers have to be careful when deciding to invest in Goliath bets. Note that the money you invest influences the returns. Consequently, the higher the total stake, the bigger the winnings if enough predictions turn out well.
🧐 Is a Goliath bet worth it?
Yes. Betting a Goliath can bring you massive profits that would make the initial stakes worth the risk. From as little as two wagers, you can begin to receive a payout. If five or more selections win, then the bet begins to generate a profit. So, despite the big original investment that this system might require, you can end up with exciting returns. Be aware that you don't have to break the bank to stake money on a Goliath bet. You can wager as little as £0.10 on each wager, meaning that your total investment would be a reasonable £25.70. Every prediction you get right boosts your payout. Of course, the odds that you are playing with determine how much you make from a Goliath bet. Therefore, ensure that you shop for odds comprehensively to get the best value. Compared to conventional eight-fold accumulators, a Goliath cushions you in case only a few selections win.
🤔 Is a Goliath bet a good bet?
With the Goliath bet explained so clearly, you can tell if it meets your gambling requirements. The biggest selling point of this bet type is the ability to provide colossal returns on investments. When the four-folds and five-folds start paying, that's when you see the advantage of playing the Goliath. Most punters use system betting to get the most from selections with short odds. The multiplier effect of combination wagers means that you can pile on winnings with every successful permutation. However, this bet shows its potential when used on markets with long odds. Since you have no guarantee that all picks will win, playing for longer-priced markets increases the potential payout. Remember that you can capitalise further on the Goliath by betting each way. So, you not only receive a return for every prediction that wins but also for the one that places. You can use this system wager on a variety of sports from football to horse racing.