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.
Here’s the breakdown:
- 28 doubles
- 56 trebles
- 70 fourfold
- 56 fivefold
- 28 sixfolds
- 8 sevenfolds
- 1 eightfold accumulator
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, betting on the winning team for each match. If only two teams win, you’ll get a return on one of the 28 doubles. But let’s say 6 of your teams win. In this scenario, you’d win all 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, and 28 sixfolds associated with those winning teams. Quite the return!
It’s an intricate bet that offers bettors numerous chances to win. While it requires a larger stake due to the number of individual bets involved, the potential returns can be substantial if a majority of your selections win. If you’re a beginner, it’s vital to approach Goliath bets with a clear understanding and strategy. Ensure that you make informed decisions that align with your strategy.
If you haven’t got one, check out the article linked below…