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What Is A Goliath Bet? Bet Types Explained With Examples

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Updated on

A goliath bet consists of 247 bets in total. You’ll need at least two out of the eight selections to win for a return of funds. Below, you’ll find out a breakdown of how the 247 bets are set out.

  • 28 doubles
  • 56 trebles
  • 70 four-folds
  • 56 five-folds
  • 28 six-folds
  • 8 seven-folds
  • 1 eight-fold accumulator

Goliath Bet Examples

Football

There are many different competitions and leagues to choose from with football Goliath bets, which is why it’s such a popular choice with this type of bet. Below, we’ve provided an example of a football Goliath bet with Sky Bet, which is a great bookmaker to use, as they have plenty of in-depth betting markets available on top leagues such as the Premier League, Serie A, Bundesliga, Ligue 1, and La Liga.

A £1 stake on this football Goliath bet with Sky Bet would return £6,730, 12.

football goliath bet

Horse Racing

Horse racing meetings take place daily across the globe, and with fluctuating odds with different bookmakers, there’s some value to be had for bettors.

Below, you’ll find an example of a horse racing Goliath bet with bet365, which is a great site to use for betting, as they have an impressive sign-up offer, as well as plenty of promotions for existing customers. A £1 stake on this horse racing Goliath bet with bet365 would return £1, 132, 477.67.

horse racing goliath bet

Tennis

Tennis is another popular choice when it comes to a Goliath bet, and with events taking place regularly, you can understand why bettors prefer this type of bet.

Below, we’ve provided an example of a tennis Goliath bet, with a £1 bet returning £2, 542.63 with LiveScore Bet.

For more on this operator, check out our page on the LiveScore Bet promo code.

How To Work Out A Goliath Bet

Working out a Goliath bet can be a tricky process, especially when there are 247 different combinations. Therefore, we’d strongly advise that you use a calculator.

However, if you want to work out the returns of each combination yourself, then follow the steps below.

  • Convert fractional odds into decimal odds by dividing the top number by the bottom number, and then adding one.
  • Once you’ve done this, multiply each of the odds in each of the combinations for the 247 bets, whilst also multiplying that number with your stake.

How Much Is A 10p Goliath?

A 10p stake on a Goliath would cover 247 bets, so it would cost a punter £24.70 to place. The stake is multiplied by 247, as it covers all the different combinations within the bet.

The minimum stake you can place on a bet with the majority of betting sites is 5p, so there shouldn’t be any problems in placing a 10p Goliath bet with your chosen bookmaker, especially when that stake is multiplied by 247.

How To Do A Goliath On bet365

To place a Goliath bet on bet365, you’ll be pleased to hear that it’s a relatively simple process. However, if you’re relatively new to this type of bet, we’ve provided a step-by-step guide on how to place a Goliath bet on bet365.

  • Click here to be directed to the operator’s site.
  • Log into your account with the username and password you created when signing up to bet365.
  • For this example, we’ll look to place a football Goliath bet, so we’ll select the ‘Soccer’ option from the left-hand menu.
  • Choose eight betting selections to include in your Goliath bet.
  • Click on the ‘7 Other Multiples’ option in the top-right corner of the betslip, which can be found at the bottom of the screen.
  • Click the ‘Show more multiples’ button, which is in the bottom-left corner of the betslip.
  • In the Goliath section, enter your stake. Remember that whatever stake you type into this box, will be multiplied by 247.
  • Click the ‘Place Bet’ button, which is coloured green on bet365’s site.

Is A Goliath Bet Worth It?

With any type of bet, punters will be weighing up whether it’s worth them putting their funds into it, and a Goliath bet is no different. One of the slight drawbacks of a Goliath bet is that there are 247 combinations included, which can mean that you’re staking more than you originally wanted to.

However, if you’re lucky enough to have a few selections win, or even all of them, the potential returns could be sizeable for the punter. Below, we’ll take a look at some pros and cons of this type of bet.

Pros

  • You can still see a return of some funds if two out of the eight selections win.
  • Sizeable potential returns depend on the odds included in the Goliath bet.
  • Fun bet to follow given the potential returns.

Cons

  • With your stake being multiplied by 247, this isn’t the ideal bet for someone with a small stake.
  • Not the ideal bet for a punter looking for consistent profit in the long term.

Goliath Bet FAQ

There are 247 bets included in a Goliath bet, which consists of 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and 1 eight-fold accumulator.

There are eight selections involved in a Goliath bet, which means that there are eight horses from separate races included in a horse racing Goliath bet. You’ll need at least two of those to win to see a return of some funds.

There isn’t such a thing as a Goliath accumulator. A Goliath bet involves 247 different combinations, which can see a potentially sizeable return from a relatively low stake.