Goliath bets are a type of bet that is often used in horse racing. They are also known as an "exacta box." In this type of bet, you select two horses to finish first and second in the race. The payout is based on how many combinations there are of those two horses. For example, if there are eight possible combinations, then the payout would be eight times your original bet amount. Here, we will take a more in-depth look at Goliath bets, including how they work.
How to Calculate it?
The Goliath is a monster of a bet, consisting of 247 bets involving eight selections in different events. The permutations are created by combining pairs of the eight selections in all possible ways and then adding single bets on each of the selections. Many bookmakers will only accept Super Heinz and Goliath - bets if they are placed on horse racing, greyhound racing, or football.
Image: Goliath Bet Composition Table
Goliath Bet on Horse Racing and Sports
It is most commonly placed on horse racing and sports, as there are often a large number of different events taking place at the same time. This means that there are more permutations and combinations available, which can lead to a higher potential payout. For example, if you were to place a Goliath - bet on horse racing, you could choose eight different horses to finish in the top two positions in eight different races.
How Does an Each-Way Goliath Bet Work?
An each-way Goliath - bet works in the same way as a normal Goliath - bet, with the exception that you are also betting on the horse to finish in the top three positions. This means that there are 28 bets in total, consisting of 21 doubles, 35 trebles, and 35 fourfolds, as well as a single bet on each of the eight horses. The pros of an each-way Goliath - bet is that it gives you a better chance of winning, as there are more permutations. However, the downside is that the potential payout is lower than a normal Goliath - bet.
Is Goliath a Good Bet?
It can be a good bet if you are confident in your selections and you have done your research. However, it is important to remember that the potential payout is often much higher than the original bet amount, which means that there is a greater risk of losing money. If you are unsure about any of your selections, it may be best to stick to a smaller bet.
What is Goliath on Proline?
Goliath is a type of bet that is offered by Proline, which is a Canadian sports betting website. Proline offers a range of different bets, including single games, parlays and props. Goliath - bets are only available on certain events, and the potential payouts vary depending on the number of selections made.
This is just a brief overview of what a Goliath bet is and how it works. If you are thinking of placing this type of bet, be sure to do your research and only bet on events that you are confident in.