Since the shift to an online space, sports betting has become more and more popular over the years. The thrill of having a bet on the sporting events you are watching could be exciting, however, just like any other form of gambling, there could be various different betting options to potentially select from. One such betting option is the Goliath bet, with this differing vastly from the more conventional and traditional types of bets. Although you may not be familiar with this type of bet, don’t worry, as we here at OddsMonkey will be breaking down exactly how these bets work as well as detailing the extremely useful Goliath betting calculator tool we offer on site.
What is a Goliath Bet Calculator?
In the most simplest of terms, a Goliath Bet Calculator is a specialised betting calculator that calculates the odds of a bet which has multiple different selections. When it comes to Goliath bets, these are 247 different individual bets which are split into various different accumulators. These include 28 different doubles, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, 8 seven-fold accumulators and a singular eight-fold accumulator. Due to all the various different selections, the name Goliath bet was birthed, which we think is pretty accurate. Each of these different selections have their own respective odds and these are compiled via the betting calculator in order to clearly determine any potential return.
Why use a Goliath Bet Calculator
Now that we have broken down exactly what a Goliath bet calculator is, you may be considering why you should use it should you wish to place one of these Goliath bets for yourself. One of the main reasons to utilise this specific bet calculator is thanks to it being able to make much more informed decisions surrounding your bets. As the main aim of the calculator is to calculate any potential profits and returns before you place the bet, it allows you to determine whether or not it is worth taking, also taking into consideration the stakes you are planning to place.
In addition to all of this, the Goliath betting calculator could even be a beneficial tool in terms of managing your bankroll. When it comes to responsible sports betting, this is one of the most important aspects, as this can help you figure out how much you can bet on each event. By using the Goliath betting calculator, this can help determine the optimal stake, and this could ensure that you are not staking more than you can actually afford to lose.
On top of all this, the Goliath bet calculator could even be used to potentially identify any value bets. Due to its compiling all of the odds of each of the selections for every one of the accumulators involved in the Goliath bet, the calculator could help you identify whether or not the odds for your selections are good value. By taking into consideration the stake as well, this could once again help you determine the potential returns of these value bets. Additionally, this Goliath bet calculator could even be utilised when it comes to matched betting, covering multiple different outcomes and selections.
Who can use the Goliath Bet Calculator?
After realising all the benefits a Goliath betting calculator could offer in reference to your betting experiences, you may also be considering who exactly can utilise this tool. Put simply, anyone who is remotely interested or involved in sports betting could apply this tool in order to reap the rewards. However, if you are a bettor who is particularly interested in placing Goliath bets, this tool is a no-brainer.
However, there is no cap when it comes to the level of experience needed in order to use this betting calculator. If you are a beginner in the world of sports betting, you could potentially feel overwhelmed due to the various different better options that bookmakers present. However, the Goliath betting calculator can help simplify all of these, allowing them to understand both the potential returns as well as the odds presented.
Despite the significant benefits the Goliath betting calculator can offer beginners, it can also be hugely beneficial to more experienced bettors also. Due to it offering so much insight regarding potential bets, it could help refine betting strategies, linking back to the more informed betting decisions which we touched upon previously. It could help prevent over-betting on certain selections, as well as helping diversify bets too. What’s more, if you are a fan of horse racing, you could even use this calculator as it presents an each way outcome option. What’s more, you could also use the each way betting calculator to help refine your horse racing bets.
More Betting Calculators at OddsMonkey
As you may have been able to tell by now, the Goliath betting calculator could be an immense tool to aid your overall betting experience. However, this is more tailored specifically towards Goliath bets. But not to worry, as we here at OddsMonkey have a whole host of alternative betting calculators you could potentially utilise.
If you don’t want a bet which features multiple accumulators, you could potentially check out the singular accumulator betting calculator. Like with the Goliath betting calculator, this betting calculator compiles all of the odds of the selections in the respective calculator in order to determine any potential returns or profits.
On the other hand, if multi-selection bets aren’t particularly your forte, then you could potentially utilise the single bet calculator, which offers significant ease of use and unrivalled benefits for your overall betting experience. This is probably one of the easiest calculators to use, as all is required is the odds of your bet, the stake and the outcome. After all these pieces of information are input, this can easily calculate any potential returns.
