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What Is A Goliath Bet? A Beginner’s Guide With Examples

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A Goliath bet is a form of multiple bet which consists of 🌧️ 247 bets over 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.

What Is A Goliath Bet?

A Goliath bet is a form of multiple, popular on horse 🌧️ racing and football

It consists of 247 bets on eight selections

It is known as a full-cover bet

We break down the 247 🌧️ bets and explain how they work

When you place a Goliath bet, you are placing 247 bets on eight different selections. 🌧️ A £1 win-only Goliath bet would, therefore, cost a hefty £247.

A Goliath contains no single bets. At least two of 🌧️ the eight selections must win for any return to be achieved on the bet.

The 247 bets consist of:

Part 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 Enter Bet Details Reset All EACH WAY 🌧️ Multiple Options Win-to-Win, Place-to-Place Equally Divided (All EW) Odds Format Fractions Decimals American Add Selection Notes # Outcome Odds Place 🌧️ Odds Rule 4 1 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 🌧️ 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 🌧️ Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 🌧️ 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 2 Winner Placed 🌧️ Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 🌧️ 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 🌧️ 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of Runners in 🌧️ Dead Heat: 1 2 3 4 5 6 7 8 9 3 Winner Placed Dead Heat Lost Void / Non-Runner 🌧️ / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 🌧️ 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied 🌧️ Position: 1 2 3 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 🌧️ 5 6 7 8 9 4 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 🌧️ 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 🌧️ 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 🌧️ 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 5 🌧️ Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 🌧️ 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 🌧️ 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of 🌧️ Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 6 Winner Placed Dead Heat Lost Void 🌧️ / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 🌧️ 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 🌧️ 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 🌧️ 3 4 5 6 7 8 9 7 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 🌧️ 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 🌧️ 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 🌧️ 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 🌧️ 9 8 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 🌧️ 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 🌧️ 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 🌧️ Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 Summary (Updated Automatically) Stake Type 🌧️ Stake Per Bet Total Combined Stake Stake Total Outlay Total Return Total Profit

How Many Selections Need To Win For A 🌧️ Goliath Bet To Be Profitable?

The price of each selection will have a large influence on how many selections need to 🌧️ win for a Goliath to be profitable. If only two selections win, these selections must have very high odds for 🌧️ the overall bet to return a profit. We have provided an example to indicate generally how many winning selections might 🌧️ 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 🌧️ breakeven 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.

Why M ake A Goliath Bet?

The very high returns a Goliath can generate, as demonstrated above, are appealing to punters. 🌧️ The same high return could be achieved with an eight-fold accumulator, but it would require all selections to win for 🌧️ any return to be generated.

For some punters, a Goliath bet is a more exciting way to bet on a multiple 🌧️ as it increases the chance of a return. Providing two of the eight selections win, some returns will be generated.

The 🌧️ disadvantage of a Goliath bet is the mammoth stake it requires. With 247 bets instead of one, the stake will 🌧️ be much higher. Some will prefer a 50p stake rather than £1, but even then the stake remains very high 🌧️ for the average punter.

Is I t P ossible To D o An E ach W ay Goliath?

Yes. If your pockets 🌧️ are deep enough! To know on which odds you could place a Goliath Bet, come check out our selection of 🌧️ best betting sites.

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.

We have another article which explains how each way bets work in more detail.

How To 🌧️ Place A Goliath Bet On Horse Racing

As a horse racing specialist, there’s no better site to place a goliath bet 🌧️ than Fitzdares. And it’s fairly easy to do too.

If you haven’t signed up yet, make sure to sign up with 🌧️ the Fitzdares welcome offer. When you’ve done that and signed in, head to the horse racing section listed in the 🌧️ left column.

From here, click on the races of interest and select the horse you like. You’ll need to do this 🌧️ eight times.

The selections will appear on your betting slip but the option for a Goliath bet isn’t visible straight away. 🌧️ click on the ‘show more multiples’ and more will appear, including a Goliath bet.

When you’ve found the Goliath bet option 🌧️ you’ll then need to add a stake. Remember to take into account that you’ll be making 247 bets, so unless 🌧️ you want to stake hundreds of thousands, be sure to keep it low. In our example, we’re betting 10p.

Once you’ve 🌧️ added the stake, you’re all set. Place your Goliath bet by clicking the yellow ‘Place Bet’ button and then sit 🌧️ back.

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