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Started in London in 2013, Colossus Bets has carved a niche in the UK betting landscape with its innovative pool betting concept, combining syndicates and cash-out features. This makes them a unique addition to the world of online betting, gaining significant traction with punters lately.
In this walkthrough, we'll delve into the variety of Colossus Bets available, explaining their mechanisms, potential payout possibilities, and where you can engage in placing them.
If you've not interacted with ColossusBets.com yet, you might have spotted their offerings on several prominent UK betting platforms. Top betting sites such as Matchbook, and previously integrated platforms like Betfair, Betway, Racebets, and The Football Pools, provide access to these exciting pool betting opportunities with the allure of lottery-sized jackpots. Bet365 Contrary to being a standalone bet type, a Colossus Bet encompasses various pool betting options, offered by ColossusBets.com in collaboration with associated betting platforms.
Colossus Bets Bookies | ||
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Bookie | Horse Racing Colossus Bets | Football Colossus Bets |
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When you wager on a Colossus Bet, your stake adds to a communal pool. Should your selection triumph, you'll share the pooled prize with other winners, based on the size of your contribution.
Colossus forts every pool by guaranteeing minimum prize thresholds, ensuring that even with minimal participation, winners are covered. They also extend consolation rewards for those bets that narrowly miss out.
At present, football, NFL, and horse racing betting pools are on offer, each with its unique betting configurations which we'll unravel below.
Here's a concise explainer video to demystify Colossus Bets:
An Introduction to Colossus Jackpots in Just 90 Seconds!
A foundational deposit is needed. Free Bets convert into Bet Credits, deployable post-settlement of qualifying wagers. Note, minimum odds, bet and payment exclusions apply. Returns exclude Bet Credits stakes. Registration is mandatory. Time constraints and T&Cs are in place. GambleAware.org #ad
While betting on the Match Winner market in football, options include:
Typically, more selections equate to heftier prizes. For instance, the Pick 6 option often boasts a minimum £6,000 prize pool for division among winners. Nonetheless, Pick 15 can see prize pools soar past £1 Million!
With these bets, you'll predict the outcome—home, away, or draw—across five or eight matches presented to you.
After setting your predictions, determine a stake for each line before placing your wager.
On occasions where indecision strikes over match outcomes, opting for multiple selections can broaden your prospects but also raise the stake amount for your bet.
In football, another favored Colossus bet revolves around the Over/Under Goals market. Here you'll speculate whether total goals in listed matches will surpass or fall short of a certain threshold.
‘Pick 10’ serves as an exemplary format where predictions across 10 matches split a jackpot pool of £3,000.
Once again, multiple outcome choices per match can expand your bet lines.
Lastly, a well-liked pool betting on football involves BTTS (Both Teams To Score) pools. These echo earlier betting formats but require you to determine if both teams will score in selected fixtures.
Choosing the ‘Pick 10’ means forecasting outcomes for ten diverse matches.
In horse racing too, Colossus Bets offer both Win and Place betting pools.
For Colossus Bets Place 6, bettors receive six races from the day's schedule.
While betting on the Match Winner market in football, options include:
Select a contender to finish in a place spot within each race.
Displayed beside race time are varying place numbers for each event.
Single selection per race equals one line, though more selections enhance winning odds, albeit increasing line count and stakes.
If adventurous, Colossus Win 4 and Win 6 provide riskier alternatives.
You’re tasked with predicting winners from either four or six races respectively.
The prospect of hitting six winners is slim, reflective of the hefty jackpots.
NFL pools are newly minted in Colossus Bets’ repertoire. Participants are now eligible for:
Mimicking its counterparts in football and horse racing, NFL enthusiasts can pick various match winners with picks like 10 being notable.
Another avenue for NFL followers lies in Point Margin pools. These add complexity over match winners but come with suitably enhanced prize pools.
Presented with NFL match lineups, forecast winning margins and associated teams. Options such as Pick 4 and Pick 7 cater to different risk appetites.
Occasionally, Colossus Bets lets you peddle a ticket poised for potential wins or consolation prizes. Typically, these offers appear post-leg and pre-next leg, or if a live event pauses, say during halftime.
Choose whether to cash out entirely or by 10% increments via Colossus Cash Out, allowing partial winnings security while retaining jackpot chances.
Across these bet types, you captain your choices. Yet, taking a collaborative route is a workable alternative— Syndicates .
In Syndicates, join forces with others under the direction of a Captain responsible for selections and cash-out decisions. Create your own syndicate to lead or join an existing one.
Syndicate winnings detribute according to members’ stakes.
The Syndicate Leaderboard highlights top Captains based on profitability ratios from their Syndicate tickets. By collaborating with esteemed Captains, unfamiliarity with a sport or event shouldn't hinder your pool betting experience.
When forming selections is daunting, utilize the ‘Smart Pick’ feature.
Smart Picks autonomously choose likely outcomes to enhance your winning prospects.
Alternatively, you can modify Smart Picks—a handy option for personal touch.
Among the bookmakers embedding Colossus Bets offerings, Bet365 is noteworthy.
Currently, Bet365 touts horse racing options exclusively, comprising:
Navigate to the Horse Racing section of Bet365’s platform,
To place a Colossus Bet with Bet365:
While betting on the Match Winner market in football, options include:
Online betting exchange Matchbook For Matchbook, placing a Colossus wager entails:
Access ‘Colossus Jackpots’ through the side menu (pictured below)
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