If you need help calculating the potential returns from your Goliath bet, you have come to the right place. Check out our Goliath bet calculator below to find out what you stand to win from your stake.
What Is a Goliath Bet
Goliath bet is one of the most complicated system bets because it consists of eight selections and 247 individual bets, making it difficult to calculate the potential returns from this bet.
A Goliath bet is made up of 28 double bets, 56 trebles, 70 four-fold accumulator bets, 56 five-fold accumulators, 28 six-folds, eight seven-folds and one eight-fold accumulator. All those individual bets would require calculations and then adding up to one cumulative result, which is too much for one bet.
It is a bet suitable for those who are ready to bet on eight selections and are ready to invest enough for these 247 individual bets to make sense. It is a bet that is less risky than an eight-fold accumulator because you don’t need all your selections to win to get something back, but it might not be as profitable for the same stake.
How Does a Goliath Bet Calculator Work
A Goliath bet calculator is there to simplify the process of calculating the potential returns and profit from your Goliath bet. Since it’s a complicated system bet, you don’t want to calculate it on your own or leave it solely to your bookmaker.
Here’s how the calculator works:
- Choose whether you wish to stake per bet or insert the Total Combined Stake. Remember that if you choose stake per bet, the total amount you stake will be multiplied by 247 to cover each individual bet in a Goliath.
- Insert the odds of each of the eight selections you are including in your bet.
- The calculator will calculate the potential return and profit you can expect if all selections from your Goliath bet win.
Note that the calculator doesn’t include inherent risks that each bet carries. If you wish to see the partial returns if some of your selections win, you need to adjust the outcomes of your selections in the calculator.
Winning
You need at least two selections from your Goliath to win to get something back from your bet. However, you won’t get any profit like that, so it’s, of course, better if multiple legs win and your return increases. The Goliath bet returns calculator tells you what those partial winnings would be if you adjust the outcomes for all potential combinations you’d like to test.
Losing
The only way to get nothing back from your Goliath bet is if only one (or none) of your selections wins. In every other scenario, you are looking to get at least some return from your bet but potentially not make any profit when compared to your stake.
Benefits of Using a Goliath Bet Calculator
Using a Goliath bet return calculator to learn what you stand to win from your bet has many benefits. These are some of the biggest ones:
Accuracy and Reliability
You can rest assured that the calculator will provide accurate results as long as you insert all the necessary information it requires to give you the calculation. If you wish to see what would happen, for example, if the two selections you are least confident about lose, you can change the outcome of those selections in the calculator and get the results.
Versatility
It doesn’t matter what sport you are betting on or what markets, as long as it’s according to your chosen operator’s betting rules. You can use our bet calculator Goliath, to calculate the potential returns on your bet if two or more of your selections win.
If you are betting on horse racing, you can make the calculator into an each-way bet calculator and learn what to expect. Consider the calculator an educational tool that can help you adjust your betting strategy.
Risk Management
The Goliath bet calculator allows you to check for the potential outcomes of your bet. If you think that you are investing too much, you can decrease your stake and calculate the returns again. You can also switch to the total combined stake and set the exact amount you want to invest.
If you think you can take a bit more risk, try adjusting the bet slightly or changing your selections. Alternatively, you can switch the bet type to an accumulator bet, but you should note that accumulators are a lot more risky because you’d need all eight selections to win.
Who Can Use a Goliath Bet Calculator?
The Goliath bet returns calculator is a useful tool for any bettor, regardless of their level of experience. Calculating the profit from a Goliath bet is a complicated task for anyone because there are too many individual bets to include in the cumulative result.
Novices can use the calculator as an educational tool to better understand how Goliath bet works and if they should modify their stake or selections.
Veteran bettors use calculators to simplify the complex task of calculating the returns and potential profit from their Goliath bet. It streamlines the betting process and makes it easier for them to plan their bet.
Which Sports Can I Use Goliath Bet Calculator for?
Before placing a Goliath bet, you need to make sure that the operator allows system bets and for what sports and markets. The bet is suitable for any sport you wish to bet on (or potentially a mixture of sports), but it’s more convenient for sports that offer multiple events in a day or two.
It is a bet commonly used for horse racing, football, basketball, American football, or other sports that offer multiple matches or events in a day. You can make it into a Goliath football bet calculator or adjust our horse racing calculator to your needs, for example.
Motorsports, for example, might not be a good option here unless you can combine them with other sports to complete the eight selections you need.
Which Competitions Can I Use Goliath Bet Calculator for?
We have already mentioned that football, basketball, or American football leagues, for example, are suitable for placing a Goliath bet. Horse racing events with multiple races, like the Grand National or Royal Ascot, are also a good option here.
Big events, such as a European Championship or a World Cup in many sports, could also be a good option for a Goliath bet, with plenty of games and markets to choose from.
Why Should I Place a Goliath Bet?
Placing a Goliath bet is a good idea when an eight-fold accumulator feels too risky for your appetites. Investing the same amount of money into a Goliath wouldn’t bring nearly the same returns, but it could bring something back even if some selections lose.
It is particularly useful for horse racing because betting on eight different horses to win their respective races can be quite tricky. You can make an each-way bet to lower the risks further, but remember that the returns could be even lower.
A Goliath bet could help you save money by giving something back, but you should read the operator’s betting rules for system bets to avoid any confusion later.
See Also
- If you prefer a simpler bet with fewer selections and make a patent bet instead, you can use our patent bet calculator to learn what you can expect to get from it.
- Maybe making a lucky 15 bet is your choice of a system bet? A lucky 15 calculator can be a useful tool for you.
- Alternatively, if you still want single bets in your system bet of five selections, a lucky 31 bet calculator can show you what to expect.
FAQ:
How does the Goliath bet calculator calculate winnings?
The Goliath bet calculator can calculate the winnings if all your eight selections win or partial winnings, depending on which ones you mark as lost. Make sure to insert the stake correctly.
What is another name for a Goliath bet?
A Goliath bet is sometimes called an eight-horse bet, probably because system bets are suitable and often used for horse racing betting.
What is an example of a Goliath bet?
A Goliath bet is a system bet of eight selections, for example, eight horses that you expect to win in eight different races. You would need at least two of them to win to get something back from your Goliath, but more would be better as more of the individual bet from your Goliath would win, increasing your returns.
