Goliath Bet Calculator

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In the highly competitive sporting world, you’ve likely heard the phrase ‘go big, or go home’ thrown around quite a bit. Well, the same saying and outlook on life can actually be applied to the world of sports betting as well. Don’t believe us? Just wait until you learn more about Goliath bets. If you’re serious about getting into sports betting and you want to maximize your chances of winning a substantial amount of money, it’s important to understand the various types of bet out there. Goliath bets are very popular in sports bets, especially with horse racing, but they sure can be difficult to understand. This is why you can now use a Goliath Bet calculator online in order to make placing a Goliath Bet as simple as 123. Here’s a better look at Goliath Bet calculators and Goliath bets in general.

What is a Goliath Bet calculator?

As we touched upon in our intro, a Goliath bet is not just your typical run-of-the-mill bet you place at your local bookies when you’ve got a spare couple of minutes. A Goliath bet requires a lot of precision planning, which is why novice sports betters generally tend to shy away from them. Very simply, a Goliath Bet calculator is a unique online tool which is created in order to provide users with details about their Goliath Bet.

What is a Goliath Bet?

So, why the need for a calculator when it comes to Goliath Bets? What’s wrong with a little free-hand algebra? Well, a Goliath Bet is not a typical bet, as we mentioned earlier. A Goliath Bet is popular in the world of horse racing, as well as other sports such as football. The bet itself consists of a staggering 247 bets across 8 individual selections. A Goliath Bet is known in betting circles as a ‘Full Cover Bet’. When you place one of these bets, you are basically placing 247 bets across 8 different selections. To place a £1 ‘win only’ bet would therefore cost you the princely sum of £247. Ouch. With such a hefty price tag, though, the potential rewards are plenty. This bet contains no single bets. A minimum of 2 selections must win out of the 8 for any returns to be enjoyed. The bet consists of:

  • 28 doubles
  • 56 trebles
  • 70 four-fold accumulators
  • 56 five-fold accumulators
  • 28 six-fold accumulators
  • 8 seven-fold accumulators
  • 1 eight-fold accumulator

Using a Goliath Bet Calculator

As you can see from what a Goliath Bet is, working out potential winnings would be a huge task if you were to do it the old-fashioned way. Thankfully things have changed now and we now have Goliath Bet calculator tools to do the work for us. To use this calculator. You simply follow the instructions on-screen and enter the details of your bet, and the calculator will then instantly provide you with a final figure for what your potential winnings would be. As with all other bets, there is the option to make it ‘each way’. So, users will enter the following info:

  • Stake
  • Odds format and whether you want fractions, decimals, or American
  • Whether you want to make the bet each way
  • Whether you want to select ‘rule 4’.

You then enter the details of each of your bets, including stake, the outcome you predict, and the odds you’re being offered. Upon completion the calculator will tell you your total stake, your total returns, as well as your total profit. If you wish to add notes to your selection, the tool also allows you to do that.