What is a Goliath Bet?

When you are looking for bets other than the ordinary singles and doubles, you might want to look into the Goliath of them all. Yes, there is such a bet as a Goliath Bet.

You can find the answers to why it’s called so, how to use and calculate it, and how to make the most of it in our detailed article below.

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Why place a Goliath Bet?

A Goliath Bet is extremely popular among bettors as it is the bet type that includes the most bets – as many as 247. (And if you go with an each-way Goliath you place as many as 494 bets). It doesn’t include any singles, so you need at least two of your selections to come through to receive a return.

Goliath Bet

Goliath Bet Explained

As we have mentioned, this bet consists of 247 bets which are placed on eight selections. For this reason, some people mistake it for an eight-fold accumulator. However, this bet requires all your selections to win, whereas you need only two selections that are Goliath Bet winners.

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

How to place a Goliath bet: A step-by-step guide

Placing this bet is a no-brainer. You need to find a Goliath bookmaker that accepts it (not all brands do), and follow these easy steps.

  1. Decide which eight selections you want to add to your bet slip and select them.
  2. Enter how much you want to stake in the designated box.
  3. Lastly, confirm your bet.

An example

As this bet is most commonly used in horse racing, we’ll take a look at what it would actually look like.

To simplify it, let’s say that you have chosen eight horse races to bet on, and all of them go with odds of 3/1 for the win. If you place £1 for each selection, your entire stake would amount to £247.

Goliath Bet Types

A Goliath flag bet is a version of a regular Goliath, except that it also features twenty single stakes about pairs. This means that the total number of bets amounts to 303. Also, you should know that as it features singles, all you need is one winning selection if you want to receive a return.

Calculating Winnings

Given that this bet type comprises 247 bets in total, we would not recommend doing a calculation by hand. It’s best to use a calculator, and you can read more about one in the next portion of our article.

How to use a Goliath Bet Calculator

When a bet is this complicated, calculating possible returns by hand can be both tedious and lead to potential errors. That’s where a calculator comes in very handy. Here’s how you can use it.

  1. Opt for an each-way Goliath (or not).
  2. Select the outcome of your 8 selections and enter their assigned odds.
  3. Enter your stake.
  4. Press the Calculate button.

Use our Goliath Bet Calculator here.

Where to place a Goliath Bet

Unfortunately, you cannot find this bet type available with all operators on the market. However, there are those that feature it among the bets you can place with them. If you are interested in placing it, make sure to check the availability with your preferred operator first.

How does it work in horse racing?

Horse racing is undoubtedly the most popular betting market for a Goliath Bet. You can find an example featuring this bet on a horse racing event in our article above.

Goliath Betting on other sports

You should also know that you can place this bet on many other sports, too. Experienced bettors prefer football, basketball, cricket, etc.

FAQ

Let’s see what some of the most common questions about this bet type are.

Where can a Goliath Bet be placed?

You can place this bet only on a number of Goliath bookmakers. You can’t find it with all operators, but all the major ones include it.

How many trebles does a Goliath Bet have?

This bet has a total of 56 trebles.

How many bets are in a Super Goliath?

A Goliath Bet consists of a total of 247 bets spread over eight selections. An each-way, Super Goliath, on the other hand, has 494 bets.

See all the main bet calculator here.

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2020-01-22
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