For those new to the betting world, encountering the term “Goliath” might leave you scratching your head…
It sounds powerful and vast, but what does it mean?
Below, we dive into the Goliath bet, breaking it down for beginners so you can determine if it’s a betting strategy you’d like to explore.
What is a Goliath Bet?
A Goliath bet is a mammoth bet consisting of 247 separate bets from 8 different selections. The name “Goliath” is apt because of its large size and complexity. It’s one of the more extensive multiple bets available, offering broad coverage and ensuring that you have multiple ways to win from eight selections.
How a Goliath Bet Works
A Goliath doesn’t just focus on eight single bets; it combines them in various ways to create 247 bets.
The breakdown of 247 bets can feel overwhelming, so let’s break it down…
| Bet Type | Number of Bets | Description |
|---|---|---|
| Doubles | 28 | Two selections combined |
| Trebles | 56 | Three selections combined |
| Fourfolds | 70 | Four selections combined |
| Fivefolds | 56 | Five selections combined |
| Sixfolds | 28 | Six selections combined |
| Sevenfolds | 8 | Seven selections combined |
| Eightfold Accumulator | 1 | All eight selections combined |
This structure means that to see a return from a Goliath bet. So, at least two of your eight selections must win. The more of your selections that win, the higher the potential payout.
A Simple Example…
Imagine you’ve picked 8 football matches for your Goliath bet, selecting a winner for each game. Here’s how your bet could play out:
If Only Two Teams Win:
You’ll get a return on one of the 28 doubles. For example, if Team A and Team B win, your double bet on A+B pays out. However, the return will be modest because only one combination succeeded.
If Four Teams Win (A, B, C, and D):
You’ll win on all doubles, trebles, and fourfolds that include those teams. Here’s what this means:
- Doubles: 6 combinations (e.g., A+B, A+C, A+D, B+C, B+D, C+D).
- Trebles: 4 combinations (e.g., A+B+C, A+B+D, A+C+D, B+C+D).
- Fourfold: 1 combination (A+B+C+D).
This would result in a higher overall payout because more of your bets succeeded.
If Six Teams Win:
If Teams A, B, C, D, E, and F win, your payout increases significantly. You’d now win on:
- All 28 doubles.
- All 56 trebles.
- All 70 fourfolds.
- 28 fivefolds (e.g., A+B+C+D+E, A+B+C+D+F, etc.).
As more combinations succeed, the potential return grows substantially.
If All Eight Teams Win:
This is the jackpot scenario. You win payouts on all 247 bets, including the final eightfold accumulator. The returns in this case would be massive, but the likelihood of this happening is significantly lower.
See, how a goliath bet wins isn’t that complicated at all…
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