Effortlessly use our Goliath Bet Calculator to work out your winnings.
A Goliath Bet consists of eight events and totals 247 bets, meaning it’s complex to work out. Our betting calculator can make your life easier, working out your returns within minutes.
Use the Goliath Bet Calculator below to input your odds before staking your bet.
Why Use a Goliath Bet Calculator?
A Goliath Bet calculator is essential for accurately estimating returns from 247 bets across eight selections. The betting calculator simplifies complex calculations crucial for strategic betting decisions.
The advantage of this calculator is its ability to handle the intricate structure of Goliath bets. Given the sheer volume of bets on a Goliath and the possible variety of winning combinations, the manual calculation is challenging and prone to errors. The Goliath Bet Calculator clarifies potential returns from each combination, allowing bettors to make informed decisions.
How to Use the Goliath Bet Calculator
Calculate your potential returns with our Goliath Calculator using these steps:
- Firstly, you will want to select the Bet Type and choose Goliath
- Input other details, such as the number of selections and more
- Enter your choices by putting the bet and the odds
- Enter the stake
- You can then work out your winnings
What is a Goliath Bet?
A Goliath Bet is a multiple selection wager with 8 events, and it consists of 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds and 8-fold accumulators, totalling 247 bets.
Two picks must win for a return; this would be via one of the many doubles that are placed.
How Many Picks Are Needed to Win a Goliath Bet
A Goliath Bet requires a minimum of two winning selections for a return; the more winning selections there are, the higher the potential return.
The structure of a Goliath bet ensures that even with just two winning selections, the bettor can receive a return, albeit typically smaller than the initial stake. As more selections win on a Goliath Bet, the returns increase exponentially due to the combination of bets. This aspect makes it a high-reward bet type for those who can accurately predict multiple event outcomes.
How are Goliath Bets Calculated?
Goliath Bets are calculated by combining the odds of eight selections in 247 bet combinations. The total stake of a Goliath Bet is spread across these bets to calculate potential returns.
The calculation aggregates returns from all possible winning combinations within the 247 bets. This includes calculating returns for all doubles, trebles, and accumulators up to eight-fold, based on the odds of the selections. The complexity of these calculations makes the Goliath Bet calculator an essential tool for bettors engaging in this type of wager.
Frequently Asked Questions
How Much is a Goliath?
A Goliath Bet consists of 247 Bets, a £1 win-only Goliath would require the punter to have a stake of £247. Even if you lower the stake on a Goliath Bet to 50p you will require a £123.50 outlay. There is an Each Way Goliath which will require double your stake, this would amount to £494.
How Many Bets are in a Goliath Bet?
A Goliath Bet involves 8 selections which are combined to a total of 247 individual bets. The bets are split into 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and one singular eight-fold.
How Many Winners do You Need for a Return on a Goliath?
As a Goliath Bet includes doubles, you will only need 2 out of your 8 selections to win to guarantee a return. If only two of your selections win, unless the odds are really high, you will unlikely receive a profit on your original stake. The risk of a loss when placing a Goliath is much higher; however, the returns are huge if you land it.
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