A Goliath is a multi-bet that consists of a huge 247 bets across eight selections in different events. It is a combination of 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold.
What is a Goliath bet?
A Goliath Bet is an extensive and complex type of multiple bet used primarily in sports betting. It consists of 247 bets placed on eight selections in different events. A Goliath Bet covers various combinations of singles, doubles, trebles, fourfold accumulators, fivefold accumulators, sixfold accumulators, sevenfold accumulators, and an eightfold accumulator. This comprehensive bet structure provides a high level of coverage but also comes with a significant cost due to the large number of bets involved.
Here’s how a Goliath Bet is structured:
- Singles (28 bets): Each of the eight selections is backed as a single bet. This means you have a single bet for each of the eight selections.
- Doubles (56 bets): The Goliath Bet includes 28 double bets, which combine two of your selections in different pairings. This results in 56 separate double bets.
- Trebles (70 bets): You also have 28 treble bets, combining three selections at a time, for a total of 70 separate treble bets.
- Fourfold Accumulators (56 bets): The Goliath Bet consists of 28 fourfold accumulator bets, each combining four selections. This results in 56 separate fourfold accumulator bets.
- Fivefold Accumulators (28 bets): There are 28 fivefold accumulator bets, each combining five selections.
- Sixfold Accumulators (8 bets): Eight sixfold accumulator bets are included, each combining six selections.
- Sevenfold Accumulators (1 bet): One sevenfold accumulator combines all seven selections.
- Eightfold Accumulator (1 bet): The final component of the Goliath Bet is an eightfold accumulator that combines all eight selections.
The Goliath Bet provides extensive coverage and the potential for substantial payouts if multiple selections are successful. However, it is a high-cost bet due to the large number of individual wagers involved. Bettors choose the Goliath Bet when they have strong convictions about multiple selections and are willing to make a significant investment to maximize potential returns.
It’s important to note that with a Goliath Bet, you need multiple selections to win to have a chance of making a profit. If all selections do not perform as expected, the bet can result in significant losses due to the number of wagers placed. As such, Goliath Bets are typically used by experienced bettors who have thoroughly researched their selections and have a high level of confidence in their choices.