With Goliath bets, you should ensure that there is a high likelihood that you will see some return for your money as such a bet will draw a lot from your capital.
Goliath Bet Explained
A Goliath bet consists of 247 separate bets made up from 8 selections that incorporate every selection:
- 28 doubles,
- 56 trebles,
- 70 four-fold accumulators,
- 56 fivefold accumulators,
- 28 sixfold accumulators,
- 8 seven-fold accumulators, and
- 1 eight-fold accumulator.
This would mean that for you to win at least one of these 247 bets two selections will need to be successful. Though, for you to profit from a Goliath bet, you will need to pick selections with high-enough odds.
With full cover bets such as the Goliath, you are reducing the money you would make outright from an accumulator. This is okay though because the chances of winning an eightfold accumulator with modest odds are extremely low.
Since a Goliath wager is extremely. complex, never compute all the calculations in your own head. Use a Goliath bet calculator instead.
Pros and Cons of The Goliath Bet
The key advantages of Goliath betting:
- Gives punters a great chance to see some return for their money.
- Makes accumulator bets more appealing.
- Rewards customers when not all of their selections are successful.
The key drawbacks of Goliath betting:
- Your initial stake will have to be multiplied by 247. This means that Goliath Bets are not ideal for people who like to bet with small stakes.
- To receive a good payout the majority of the selections backed have to go well.
- Not a good strategy for punters looking to make a consistent or stable profit.
Tips When Making Goliath Bets
Goliath bets work excellently when the odds that have been chosen range from about 1.5 upwards. This is because if you were to bet on odds that were too low you might require too many of your selections to win in order to see some return that correlates nicely with the amount of money you have staked.
On the other hand, if you bet with odds that are too high you will also need a huge amount of luck for you to see a good payout. For example, if you bet on 8 horses with every horse having the odds of 4.0 you will need half of them to win outright for you to be in profit. This means that you would probably be better of placing a different type of bet.
As with any type of bet it is good to look for matches or horses that you think represent good value and only add them to a Goliath bet if you believe there is a reasonable chance of them winning. To be successful with Goliath bets you might only need to see a reasonable return about 15-25% of the time depending on the odds selected. This is far from easy though and selection is by far the most important thing that needs to be considered.
Sportsbooks That Offer Goliath Bets
Goliath bets are offered by quite a few prominent bookmakers. Through our research alone we have seen these types of wagers available on at least 12 mainstream bookmakers in the UK. Here is a list of the top three bookmakers we recommend you place a Goliath bet with.
Bet365 is one of the most popular betting sites in the world. The site is easy to use and is ideal for placing full cover bets like the Goliath. They also have a very good streaming service for a lot of matches and races available to customers who have money in their accounts. The odds for horse races are generally excellent and it will be difficult to see better odds avaialble at any other bookmaker.
William Hill is an extremely popular bookmaker in the UK. They offer a full range of full cover bets which include the Goliath type of bets. The site is very well laid out and they have multiple promotions on horse races that can reward customers even when their horses aren't successful.
Coral is one of our favorite bookmakers that offers the Goliath wager. In fact, it's one of our favorite places to bet on horses full stop. They have lots of fun promotions available and there are tons of horse races to bet on around the world daily. They also offer a full range of full cover bets which includes the Goliath bet.
Difference Between the Goliath Bet, Heinz Bet, Trixie Bet, and Yankee Bet
The Goliath bet is actually very similar to lots of other types of full cover bets. The only real difference being the number of selections. Because a Goliath bet covers 8 selections the number of bets included is huge. Below is a list of some of the most famous types of full cover bets.
A Trixie bet is a type of wager that consists of four separate bets, 3 doubles, and a treble. In order to return any money from this bet, at least two selections will have to win. The reason why this bet is so much smaller than the Goliath bet is that you only need three selections to place a Trixie bet.
A Yankee bet is a type of wager that consists of 11 separate bets, 6 doubles, 4 trebles, and a fourfold accumulator. In order to return any money from this bet, at least two selections will have to win. This means that if 50% of your selections are correct you will see some return. Whether you make a profit or not will be determined by the odds of your selections.
A Heinz bet is a type of wager that consists of 57 separate bets. 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 sixfold accumulator. This follows the exact same formula as a Goliath bet with the only difference being the number of selections. You might by now be able to tell that just by adding one selection to your list the number of bets goes up significantly if you want to place any type of full cover bet.
Goliath Betting FAQ
Answers to the most common questions about the Goliath wager.
What is the Goliath bet?
A Goliath bet consists of 247 separate bets made up from 8 selections. These bets include 28 doubles, 56 trebles, 70 four-fold accumulators, 56 fivefold accumulators, 28 sixfold accumulators, 8 seven-fold accumulators, and one 8 fold accumulator that incorporates every selection.
How do I win a Goliath bet?
To win a bet you will need to be in profit. This makes this a difficult question as for that to happen will depend hugely on the selections you have made. The shorter odds you select will make it more likely that your bet will be a winning one but this doesn't mean that you will be successful in the long run.
Can you use Goliath bet on football matches?
Yes. There is nothing stopping you from placing Goliath bets on a whole range of sporting events. All you need is 8 selections that have a definitive outcome. When these selections have been added to your bet slip all you need to do is select the Goliath bet option under the accumulator section.
Are Goliath bets worth it?
Goliath bets are certainly worth it because the chances of winning an outright 8 fold accumulator are slim. This is especially true when the odds selected aren't extremely low. Therefore a Goliath Bet gives punters a chance of seeing some return for money.
A Goliath Bet is a very attractive bet for those of you who love accumulators. With eight selections there are many possible scenarios to cover which can explain why there are 247 bets in total. Now it is time for you to decide how you want to use this bet strategically.