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 at the same time. You do not have to be intimidated by this giant, however, as you will discover that apart from some basic mathematical competence, it is easily understandable even if you do not have a master’s degree from Oxford! You’ll find that you can easily use this system and, with a little luck, win much more than you invest.
What is a Goliath Bet?
Let’s start with the basics, though: what is a Goliath bet? If you have read any of our other pages on system bets, you will have a more or less clear idea that this is a bet consisting of a number of different combinations on a certain number of events. Only in this case, the numbers are really big: there are 247 combined bets on 8 sporting events. Each combination requires a stake, so you’ll have to be careful with how much you want to invest because even just at £2 per bet, the total stake is equivalent to £494. That is not for the light-hearted!
|Number of Events||Combinations||Total Stakes||Win|
In the table below we summarise the characteristics of the Goliath bet, and as you can see, this system is definitely oversized: 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 Heinz, we already start to win some money with 2 exact predictions. Out of a total of 8 that’s not too many. Of course, it is practically impossible with only 2 exact forecasts to even come close to getting our initial investment returned.
How does a Goliath Bet Work?
So, how does a Goliath bet work? This is very important in order to decide whether this is the system for you, or whether you’d rather play with ones like the Patent. Let’s start with the theory in order to highlight the characteristics of this particular system.
Example: We have named the events on which we would theoretically bet on with the letters of the alphabet: being 8 events this will go from A to G. These 8 events will be combined, as mentioned, in 28 doubles (AB, AC and so on), 56 trebles (ABC, ACF …), as many as 70 fourfolds of the ABCD type, 56 fivefolds (ABCDE, ABCDF, ABCDG …), 28 sixfolds (ABCDEF and so on), 8 sevenfolds of the ABCDEFG type and one eightfold ABCDEFGH, amounting to 247 bets. Of course, the combos can change, depending on your selection. The system is calculated by the online betting sites themselves, and you will only need to decide on how much money to bet.
When to Use: A bit like the Super Heinz, such a gigantic system as the Goliath is particularly suitable for high rollers, or so-called “professional” bettors investing large sums of money. Another option is if you want to group with a few friends and try the big shot, you an all chip in to cover the 247 bets. The minimum amount per column proposed by operators like Betway, is £0.05: in this case you, will only have to place £12.35, a figure that you can afford, but only gives back a small profit.
The Goliath Bet and Football
As we will see in the next section, one of the best fields of application for the Goliath bet is betting on football. This does not mean that this system does not work well for 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
At this point, you know how the Goliath system is composed and how it works. All that remains is to give a practical Goliath bet example with real matches and real odds. To deepen the relationship between the system and football we chose a round of the French Ligue 1.
Keep in mind that it is always worthwhile 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 exaggerate a bit with your potential budget, and we choose £5 as the minimum bet, which translates into a total investment of £1235 (a sum that is not available to everyone, this maybe could be considered for a collective bet with a group of friends).
|Selected Matches||Our Prediction||Quote “1”||Quote “X”||Quote “2”|
To get back the amount we invested, it is necessary to make a few correct predictions, let’s say that with 5 we would be sure to at least break even.
It’s true that we start to cash in with only two right, but 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 forecast 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 has reached the final paragraph. We have investigated it thoroughly, explaining the characteristics of this bet. The potential winnings, which may amount to more than 30 times the initial bet, are obviously mouth-watering. Why not try your luck with the online bookmaker in the box below?
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If instead, before attempting this game, you’d prefer to know more about the topic, visit our general page on system bets. Alternatively, you can examine the characteristics of another one, such as the Super Yankee.
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.