Goliath Bet Explained
Last updated: by Leon Marshal
A Goliath bet is a large and complex type of wager that consists of 247 bets on eight different selections. It’s named “Goliath” due to the massive number of bets it involves.
Best Bookies for Goliath Bets
Here are our top betting websites for Goliath betting:
| Bookmaker | Welcome Bonus | Highlights | Rating | Visit Bookmaker | T&C |
|---|---|---|---|---|---|
| Betfred | £50 | Markets: 98, Bet Types: 41, Odds Levels: 93.75% | 5.0 out of 5 | www.betfred.com | Full T&Cs apply. New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply. |
| 10bet | £50 | Markets: 89, Bet Types: 32, Odds Levels: 93.04% | 4.9 out of 5 | www.10bet.com | Full T&Cs Apply! New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+ |
| William Hill | £30 | Markets: 96, Bet Types: 40, Odds Levels: 93.54% | 4.8 out of 5 | www.williamhill.com | Full T&Cs Apply! New online customers only, min £10/€10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply. |
What Is a Goliath Bet?
The Goliath wager contains 247 bets that cover eight different selections. It’s the biggest selection wager available. The combinations in this system are as follows:
- 28 Doubles: Bets on every possible combination of two selections from the eight.
- 56 Trebles: Bets on every possible combination of three selections from the eight.
- 70 Fourfolds: Bets on every possible combination of four selections from the eight.
- 56 Fivefolds: Bets on every possible combination of five selections from the eight.
- 28 Sixfolds: Bets on every possible combination of six selections from the eight.
- 8 Sevenfolds: Bets on every possible combination of seven selections from the eight.
- 1 Eightfold Accumulator: A single bet on all eight selections winning.
Although a Goliath bet covers the eight selections extensively, it doesn’t comprise single bets. For this reason, it needs multiple winnings, at least two, to generate a payout. All the wagers require an equal unit stake. So, if you intend to wager £1 on a prediction, then your total stake would be £247.
How Does a Goliath Bet Work?
There are 247 bets contained in a Goliath bet to make it easier for gamblers to place them. You would combine the eight different event A, B, C, D, E, F, G, H, in various ways. And need at least two selections to come in. In a Goliath, the multiple bets will be:
- 28 Doubles – Combinations of A, B, C, D, E, F, G, H, such as A + B, A + C, A + D, B + C, B + D, C + D, etc.
- 56 Trebles -Combinations of A, B, C, D, E, F, G, H, such as A + B + C, A + B + D, …, G + H + E, and so forth, covering all possible groupings of three.
- 70 Fourfolds – Combinations like A + B + C + D, A + B + C + E, …, F + G + H + E, and so forth, covering all possible groupings of four.
- 56 Fivefolds – Combinations like A + B + C + D + E, A + B + C + D + F, …, D + E + F + G + H, and so forth, covering all possible groupings of five.
- 28 Sixfolds – Combinations like A + B + C + D + E + F, A + B + C + D + E + G, …, C + D + E + F + G + H, and so forth, covering all possible groupings of six.
- 8 Sevenfolds – Combinations like A + B + C + D + E + F + G, A + B + C + D + E + F + H, …, B + C + D + E + F + G + H, and so forth, covering all possible groupings of seven.
- 1 Eightfold – A + B + C + D + E + F + G + H.
Winning With a Goliath Bet
You need at least a winning double for a Goliath bet to provide any payout. However, a successful double bet is not enough for a profit. Even a treble would still not break even. You can be glad that you didn’t burn your entire stake, but that’s about it. Decent wins are noticeable with five permutations.
Depending on the odds, a Goliath bet can bring you leviathan winnings that are impossible with any other system. The wager covers the possibility of a certain number of outcomes succeeding with each combination. For example, the 28 double bet combinations contain any possible variation of two predictions winning and the others losing. So, if teams A+B, B+C, D+E or any other combination won, then at least one double wager would receive a return.
Returns jump in increments with every successful bet. Punters should know that it is difficult to have multiple winnings. Thus, be cautious about the events you pick to place a Goliath bet. Use all the resources available, including statistics, tips, and predictions to improve your chances.
Goliath Bet Example
So, you think that a Goliath bet is worth it but still have some concerns about how it all works? The example that we provide here should clear things up. You can see how a Goliath would pay when betting on real events. We used matches from Ligue 1, because football is one of the most popular markets for this system wager. Our events are St. Etienne-Nantes, Lyon-Lille, Angers-Caen, Guingamp-Nice, Monaco-Montpellier, Nimes-Amiens, Toulouse-Dijon, Strasbourg-PSG.
We put down a unit stake of £2, totaling £494. Then we backed Nantes at odds of 1.78, Lyon at 1.28, draws for the 3rd and 4th picks at 3.40 each, Monaco at 1.85, Nimes at 1.90, Toulouse at 1.85 and Strasbourg at 7.25. If the first two predictions were right, then we would start to see a payout. In this case, we would get a measly £4.56 which barely covers the cost of two wagers. However, if the first five predictions are correct, we would make £674.04, which is a profit of £180. Now if we get lucky and every outcome that we backed is right, then the return would be a mouth-watering £47,645.80.
With a free bet calculator, you do all the math in advance to see what a Goliath bet is worth.
Our Conclusion to Goliath Betting
If a Goliath bet sounds like a complicated way to wager, that’s because it can be. Placing 247 individual wavers is no small feat. Novices should not attempt gambling with a Goliath. Other simpler system bets would be more suitable before considering this gigantic wager. Don’t be discouraged, though. Once you comprehend how the Goliath works, you can invest in it accordingly. Besides its complexity, a Goliath bet gives gamblers the chance to collect monster wins.
Whether you are wagering win only or each way, remember to mix up the odds that are provided by the best betting sites. Have some short and long prices to capitalise on all opportunities to earn profits. Although long prices have their risks, they can boost your returns dramatically. Therefore, if you have eight selections that you fancy and have a good feeling about, consider placing a Goliath.
FAQs to Goliath Betting
How much does a Goliath bet cost?
A Goliath bet consists of 247 permutations of equal value. So, the amount you place for a unit stake would have to be multiplied by the number of bets. If you plan to wager £1, then the total stake would come to £247. From this, you can see that Goliath betting can get very expensive, very fast. Thus, gamblers have to be careful when deciding to invest in Goliath bets. Note that the money you invest influences the returns. Consequently, the higher the total stake, the bigger the winnings if enough predictions turn out well.
Is a Goliath bet worth it?
Yes. Betting a Goliath can bring you massive profits that would make the initial stakes worth the risk. From as little as two wagers, you can begin to receive a payout. If five or more selections win, then the bet begins to generate a profit. So, despite the big original investment that this system might require, you can end up with exciting returns. Be aware that you don't have to break the bank to stake money on a Goliath bet. You can wager as little as £0.10 on each wager, meaning that your total investment would be a reasonable £25.70. Every prediction you get right boosts your payout. Of course, the odds that you are playing with determine how much you make from a Goliath bet. Therefore, ensure that you shop for odds comprehensively to get the best value. Compared to conventional eight-fold accumulators, a Goliath cushions you in case only a few selections win.
Is a Goliath bet a good bet?
With the Goliath bet explained so clearly, you can tell if it meets your gambling requirements. The biggest selling point of this bet type is the ability to provide colossal returns on investments. When the four-folds and five-folds start paying, that's when you see the advantage of playing the Goliath. Most punters use system betting to get the most from selections with short odds. The multiplier effect of combination wagers means that you can pile on winnings with every successful permutation. However, this bet shows its potential when used on markets with long odds. Since you have no guarantee that all picks will win, playing for longer-priced markets increases the potential payout. Remember that you can capitalise further on the Goliath by betting each way. So, you not only receive a return for every prediction that wins but also for the one that places. You can use this system wager on a variety of sports from football to horse racing.