Our Complete Guide to a Goliath Bet
If you are more serious about betting than just a casual punt every now and then, then this page is for you. We will be talking about the Goliath bet, a mammoth system for sports betting that will allow you to place almost 250 combinations of bets at the same time. Don’t worry though, apart from some basic mathematical competence, it is easily understandable! You’ll find that you can easily use this system and, with a little luck, win big!
What is a Goliath Bet?
We’ll start by answering the question, what is a Goliath bet? If you have read any of our other pages on system bets, it will be clear to you that it is a wager consisting of multiple types of bets from different events. In this case, the numbers are really big: there are 247 combined bets over 8 events. Each combination requires a stake, so you’ll have to be careful with how much you want to invest because even just at £1 per bet, the total stake is equivalent to £247. That is not for the light-hearted!
|Number of Events||Combinations||Total Stakes||Win|
|8||247||247x per bet||Starting from two exact predictions|
In the table below we summarise the characteristics of the Goliath bet, and as you can see, this system is massive: it consists of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold. The positive news is that like the the Heinz, you already start to win some money with 2 exact predictions. Out of a total of 8 that’s not a lot. Of course, you won’t get anywhere near your initial stake returned with such a paltry outcome.
How does a Goliath Bet Work?
So, how does a Goliath bet work? This is very important to know in order to decide whether this is the system for you, or whether you’d rather play with ones like the Patent. We will now show you a theoretical example.
Example: The 8 events will be named from A to G. These 8 events will be combined, as mentioned, in 28 doubles (AB, AC and so on), 56 trebles (ABC, ACF …), 70 fourfolds (ABCD…), 56 fivefolds (ABCDE, ABCDF, ABCDG …), 28 sixfolds (ABCDEF and so on), 8 sevenfolds (ABCDEFG…) and one eightfold ABCDEFGH, amounting to 247 bets. Of course, the combos can change, depending on your selection. The system is usually calculated by the online bookies themselves, and all you need to do is enter the stake amount.
When to Use: Just like the Super Heinz, the Goliath is suited to those with lots of liability, or so-called “professional” bettors investing large sums of money. Another option is if you want to group with a few friends, you an all chip in to cover the 247 bets. The minimum amount per bet offered at a bookie like Betway, is £0.05. Therefore, you’d only have to stake £12.35. A totally affordable sum, yet one that won’t yield a massive profit.
The Goliath Bet and Football
As we will see in the next section, one of the best ways of using the Goliath bet is betting on football. This doesn’t mean you can’t play on sports such as horse racing, but due to football’s unpredictability, and the added element of a draw, the best odds are offered for football. This means you can generate more profit from fewer correct predictions. This is particularly pertinent for a huge system such as the Goliath.
A Goliath Bet Example
Now we know how the Goliath system works, it is time to turn to a practical Goliath bet example with real matches and odds. To demonstrate the relationship between the system and football we chose some games from Ligue 1.
Don’t forget it is always a good idea to bet on the draw (which usually have higher odds) with a system. In the table below you can see a summary of our betslip. We decided to go all out with a massive budget, and we choose £5 per stake, which amounts to a massive £1235 initial investment.
|Selected Matches||Our Prediction||Quote “1”||Quote “X”||Quote “2”|
|St. Etienne – Nantes||2||4.33||3.90||1.78|
|Lyon – Lille||1||1.28||5.50||6.90|
|Angers – Caen||X||2.65||3.40||2.70|
|Guingamp – Nice||X||2.60||3.40||2.70|
|Monaco – Montpellier||1||1.85||3.80||4.10|
|Nimes – Amiens||1||1.90||3.90||3.75|
|Toulouse – Dijon||1||1.85||3.70||4.20|
|Strasbourg – PSG||1||7.25||5.00||1.40|
To get back the amount we staked, we really need a few results to come in, with 5 we would be sure to at least break even.
We only need two predictions to start seeing a return, let’s say the games with Angers and Nice both went as predicted (and the rest didn’t) that would still only yield a return of £57.80, that is not much in the grand scheme of things. Even so, let’s say we got the first three games on the ticket wrong, but the rest right, we would take home £1.381.74, with the net gain of being £146. So, you see it is easy to start winning.
In the next situation, we will think even more positive, and instead, assume all our forecasts came true. Yes, it does sometimes happen! At this point talking about how much you win becomes really exciting. We’ll save you all the complicated calculations, additions and subtractions, (you can check them on any online odds calculator), basically what really matters is the total sum. Well, with the initial investment of £1,235, this would leave us with winnings of a sensational £34,596.68. A figure that we all could do with!
Our page on the Goliath bet is coming to an end. We have explained all the characteristics of this bet and is a great option. The potential winnings, which sometimes amount to more than 30 times the initial stake, are simply mouth-watering. Why not try your luck with the online bookie selected in the box below?
- Awesome welcome bonus
- Fantastic market coverage
- Easy to use interface
Hopefully, we can say the Goliath bet explained in the paragraphs above means you have no more questions. If you do, send us a mail to email@example.com and we’ll get back to you asap.
Is it possible to bet on eSports with the Goliath system bet?
Obviously, this varies from bookie to bookie, however, we found it is generally possible to play such a bet with the various eSports on offer on the sportsbooks of various operators.