What is a goliath bet?
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Within
the 'Goliath'👍 bet, there is a total of 247 bets which make up this large scale bet,
spanning across a range of👍 eight selections. The Goliath includes the following; 28
doubles, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold
accumulators,👍 8 seven-fold accumulators and 1 eigh-fold accumulator.
As the name
suggests, a goliath bet allows for a huge range of bets👍 to be made in one wager. Named
after the biblical story of David's battle with the giant Goliath, it includes👍 a
massive 247 bets (from eight selections) and represents one of the most expansive bets
a bettor can make.
Due to👍 this high volume of selections, goliaths should only be
undertaken by bettors with a high level of experience, a clear👍 understanding of the
sport they are betting on and good knowledge of the competitors who they are selecting.
Those who👍 do not have this knowledge may find themselves losing out.
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Adding further complexity is👍 the fact that the goliath bet is expensive
to place. As 247 bets are being made, the original stake is👍 multiplied by 247. This
means that if a bettor were to place a unit stake of £2, the actual amount👍 of money
they would be betting is £494.
Goliath bet
Like other forms of multiple bets, a goliath
bet cannot be placed👍 on the same event. Bettors who want to place a goliath bet must
make their selections across a range of👍 events, usually either on the same day or over
the same weekend. For example, if the bettor were looking to👍 place a goliath bet on a
day of horse racing, they would need to select eight different races and eight
👍 different horses. Any bettors who want to make several selections within the same event
should instead consider a forecast bet.
[👍 BET TYPES EXPLAINED WIDGET ]
It is easy to
see how a goliath bet can work when applied to a real-world👍 scenario. Imagine that a
bettor were to place this kind of a bet on a round of Champions League games.👍 They
could make these selections:
Real Madrid to beat Lyon
Paris Saint Germain to beat
Barcelona
Manchester United to beat Copenhagen
Atletico Madrid to👍 beat AC
Milan
Juventus to beat Inter Milan
Liverpool to beat CSKA Moscow
Celtic to beat
Ajax
Bayern Munich to beat Lille
Within the goliath,👍 the following wagers are being
made to total up to the 247 overall bets: 70 four-selection accumulators, 56 treble
bets,👍 56 five-selection accumulators, 28 six-selection accumulators, 28 double bets, 8
seven-selection accumulators and finally one eight-selection accumulator.
The 26 double
bets👍 cover any possible variation of two teams winning and the others losing. So, for
example, if Real Madrid and Paris👍 Saint Germain, or Atletico Madrid and Liverpool, or
Celtic and Manchester United (or any other variation) were to win and👍 the other teams
were to fail to win, one of the double bets would make a return.
The same is true👍 of
the 56 treble bets, but for one of these to pay out, three of the teams would need to
👍 win. So if Real Madrid, Paris Saint Germain and Bayern Munich won and all the other
teams selected failed to👍 win, one of the treble bets would pay out. Again, this applies
to any variation of three of the selected👍 teams winning. The 56 treble bets cover every
single possible permutation of three teams winning and the others not.
In the👍 four,
five, six and seven fold accumulators, bettors will make a return if those numbers of
teams win. If, for👍 example, Juventus, Liverpool, Celtic and Bayern Munich were to win
but none of the other teams did, then the bettor👍 would win one of the four-fold
accumulator bets. If all the teams but one were to win, the bettor would👍 win the
seven-fold accumulator bet. Of course, if all the selected teams were to win, the
bettor would win with👍 the eight-fold accumulator bet.
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As
it is much more difficult to predict that each and👍 every one of these selections will
win than it is to select just two of the winners, the payouts within👍 a goliath bet
greatly differ. One of the double bets would pay less than the treble bet, which would
pay👍 out less than the four-fold accumulator and so on. The return would be very high if
the eight-fold accumulator were👍 to win.
This is one of the reasons why the goliath bet
can be very tempting to some bettors. There are👍 fail safes built into the goliath bet
which mean that even if some of the selections made by the bettor👍 do not win, there
will still be a good chance of some kind of a payout. The only scenario in👍 which a
bettor would fail to make any kind of a return would be if just one of the selections
👍 were to win and every one of the others lost. This is because there are no single bets
being made👍 as part of the goliath bet.
[ BET TYPES EXPLAINED WIDGET ]
Other kinds of
multiple bets
A goliath bet is an expansive👍 form of multiple bet. A multiple bet allows
punters to make a range of different selections or bets in a👍 bundle. As already
mentioned, some multiple bets are quite small: double bets and treble bets ask the
bettor to make👍 just two and three selections respectively. If those selections win,
then the bet is won.
There are also more complicated forms👍 of multiple bet. A Trixie
bet allows bettors to make three selections and place four different bets: three double
bets👍 and one treble bet. This means that the bettor is covering a variety of different
possible outcomes. If all three👍 selections win, then the bettor makes a return. If just
two selections win, the bettor also makes a return. The👍 only scenario in which they do
not make a return is if just one selection wins.
More complex forms of multiple👍 bets
are the patent bet, the Canadian bet, the Yankee bet, the Lucky 15, the heinz bet and
the super👍 heinz bet. These all require that the bettor makes even more selections and
even more bets are bundled together as👍 a result. They are expensive to place but can
result in very high returns if all the selections win.
Plus, don't👍 forget to check out
our bet calculator, where you can calculate your winnings.
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heinzGo👍 to what is a Lucky15 >
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