Colossus Bets is an established company which offers pool betting games on a couple of sporting events where you will bet on the results of the pre-selected matches. What is good about Colossus Bets is that it offers guaranteed prizes on selected pools and this ensures that winners will get a significant payout whatever the total amounts staked.When betting on Colossus Bets platform, you will be required to predict the outcomes of the provided matches using the betting markets 1X2 where 1 represents Home Win, X represents Draw and 2 represents Away Win.
What is Pick 5?
Pick 5 is a pool betting product from Colossus Bets where you are supposed to correctly predict the outcome of a total of five soccer matches which are pre-selected for you by Colossus Bets. It is important for you to realise that you will only be responsible for the prediction of matches , but the matches will be selected for you from a number of leagues. When playing the Pick 5, players place bets into the Colossus Bets pools for a chance to win the jackpot prizes, which they can either win alone or share with other winners.
The ultimate goal of playing the Pick 5 is to win the jackpot by correctly predicting all 5 matches, but if you fail to get all the 5 predictions correct by losing one, you will get a consolation prize of £1,383 for getting four predictions right. Colossus Bets offers Cash Out on the Pick 5 pool, which means players can receive dividends even on tickets that go on to lose.
When playing Pick 5, the total amount of money staked by punters will be placed into the Colossus Bets pools and winning players will share the relevant pool and if there is no winner, the prize will be rolled over to the next colossus and the prize will even be bigger. When betting on colossus, you need to choose your stake per line and the prize denominations are £0.20, £0.50, £1.00 and £2.00 and please note that every bet you place into the pool will increase the amount which will be distributed in prizes and the company guarantees significant minimum prizes so you don’t have to worry about the pool ‘not filling up’.
When you are making predictions for the Pick 5, you can either do it manually by selecting yourself or you can make use of the ‘smartpick’ option where a computer can decide the outcome on your behalf, it is very important for us to point out that none of these methods is more advantageous than the other.
In order to place a bet, you must visit their official website on https://www.colossusbets.com/ and click on the pool you would like to bet into and you are provided with a betslip for that pool. You must make at least one selection for each event on the betslip. It is very important to note that you can make multiple selections per leg and this will result in a multi-line ticket. A multi-line ticket is charged differently by calculating the number of lines X stake per line. When you are done with your selections, you can submit your ticket by clicking on the “Play” button and you will be presented with the total cost and number of lines in your ticket.
Please note that you can bet any time as long as a pool is available on the website up until the kick-off of the first event (‘leg’) in the pool. The kick-off day and time is clearly displayed on the pool listing.