A Goliath bet is a form of multiple bet which consists of 247 bets involving eight different selections. It has 28 doubles, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, eight seven-fold accumulators and one eight-fold accumulator. Although it has a significantly higher stake than a traditional accumulator, it does make a return more likely. Need more information on what a Goliath Bet is? Don’t worry as we have you sorted with a beginners guide explaining a Goliath Bet and also providing you with examples of such a bet from bookmakers.
Goliath Bet Explained
What is a Goliath Bet? Well, a Goliath bet is a form of multiple, popular on horse racing and football. It consists of 247 bets on eight selections and is known as a full-cover bet. A Goliath contains no single bets, so at least two of the eight selections must win for any return to be achieved on the bet.
How much does a Goliath Bet cost to place?
When you place a Goliath bet, you’re making 247 individual bets across eight selections. This means a £1 win-only Goliath bet would come with a total cost of £247.
The 247 bets that combine to make up a Goliath bet are listed in the table below.
| Goliath bet elements | Number of bets |
|---|---|
| Doubles | 28 |
| Trebles | 56 |
| Four-folds | 70 |
| Five-folds | 56 |
| Six-folds | 28 |
| Seven-folds | 8 |
| Eight-folds | 1 |
| Total | 247 |
How to work out a Goliath Bet
Work out your winnings with our Goliath Bet Calculator.
Goliath Bet Calculator
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Summary (Updated Automatically)
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Why make a Goliath Bet?
The potential for high returns makes a Goliath bet particularly appealing to punters. While an eight-fold accumulator could offer similar payouts, it requires all selections to win for any return. In contrast, a Goliath bet increases the chances of a payout, as winnings can be generated even if only two of the eight selections are successful.
However, the main drawback is the substantial stake required. With 247 individual bets instead of just one, the total cost is significantly higher. Some bettors may opt for a 50p stake instead of £1, but even then, the overall stake remains quite steep for the average punter.
How many selections must win for a Goliath Bet to be profitable?
The price of each selection significantly impact how many must win for a Goliath bet to be profitable. If only two selections win, they must have very high odds to yield an overall profit. Below, we provide an example to illustrate how many winning selections are typically needed to generate a profit.
For example – you bet £1 on a Goliath at a total stake of £247. Each horse is priced at 3/1.
- 0 selection wins – £0 return with a loss of -£247
- 1 selection wins – £0 return with a loss of -£247
- 2 selection wins – £16 with a loss of -£231
- 3 selection wins – £112 return with a loss of -£135
- 4 selection wins – £608 return with a profit of £361
- 5 selection wins – £3,104 return with a profit of £2,857
- 6 selection wins – £15,600 return with a profit of £15,353
- 7 selection wins – £78,096 return with a profit of £77,849
- 8 selection wins – £390,592 return with a profit of £390,345
The break-even point in the example is around four winning selections. Five or more is likely to generate a tidy profit. Although these are only example prices, it is apparent how incredible the returns could be for Goliath if all selections win.
How to place a horse racing Goliath Bet
To place a Goliath bet, the process is a simple one. Simply select the eight selections you want to include for your horse racing Goliath, and then click on the ‘Multiples’ section in the betslip.
Then, scroll down to the Goliath bet, which will be labelled as including 247 bets in total. Enter your stake, and remember that whatever stake you enter into the box, it’ll be multiplied by 247 to cover all the bets a Goliath consists of.
Click on the ‘Place Bets’ button, and you’ll have placed your Goliath bet! Below, you’ll find an example of where to find this option on William Hill, which is a great choice when it comes to Goliath bets, as they have everything you need as both a relatively new bettor, as well as having plenty of promotions for existing customers.
Is it possible to do an Each Way Goliath?
Yes. If your pockets are deep enough! Come check out our selection of new betting sites, all of which show you the betting sites which you can place your each way Goliath bet on.
An each-way Goliath bet consists of 494 bets. 247 bets are as described above, and 247 additional bets are for the selections to place. If you are placing a £1 each way Goliath bet, you will actually need to bet £494.
We have another article which explains how each way bets work in more detail.
Goliath Bet FAQs
If you’re relatively risk averse and you know the stakes involved, goliath bets can be worth it due to the huge upside if the bet comes off.
A Goliath bet can be broken down into 247 individual bets. It contains 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds and one eight-fold.
Although there are 247 bets that make up a Goliath bet, the likelihood of them all winning is the same as a single eightfold acca winning, so it’s more possible to win than it may appear.
The cost of a Goliath bet depends on the size of your unit stake. If you’re placing a £1 Goliath it will actually cost you £247, but if you want to place a 10p Goliath your total outlay is a more affordable £24.70.
Yes, as the name would suggest, a Goliath is the biggest bet you can place in terms of the number of the bets – 247 in total. You can however place accumulators with as many as 20 selections in.
A 10p Goliath bet would actually cost you £24.70 to place when you go to confirm your bet. That is because it consists of 247 bets involving eight different selections, so you are paying 10p for each bet.
Simply put, a Goliath bet is a type of multiple bet which is made up of 247 bets involving eight different selections.
You need multiple winning selections in a Goliath bet because it doesn’t involve single bets. In order to get part of a payout, you need at least two winners. If you want to fully win your Goliath bet and receive the full payout, you need it to fully win.