Betting
What is a Goliath Bet? Fully Explained
Discover what a Goliath bet is and how it works. Learn the benefits, drawbacks, and top tips for making the most out of this massive 247-bet accumulator at the best online betting sites.
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You can make a Goliath bet at all the best online betting sites and cover all wagers on 8 selections at once. What is a Goliath bet? It’s simply a giant accumulator consisting of 247 bets in one. Our guide will show you how to make the most out of making a Goliath in betting and where to find the best sites for bets.
How Does a Goliath Bet Work?
So, what is a Goliath Bet? It’s an accumulator comprising 247 bets involving 8 selections across different events. The structure of a Goliath means that not all selections need to win for you to make a profit. Hitting two winning selections guarantees you a return.
How many bets in a Goliath? Here’s how it breaks down:
• 28x doubles
• 56x trebles
• 70x four-folds
• 56x five-folds
• 28x six-folds
• 8x 7-folds
• 1x 8-fold
Goliath Bet: Example
Here’s an example of how you can make a profit when only selecting two winning selections:
• Selection 1: Germany v Scotland (1) @ 1/4 LOST
• Selection 2: Hungary v Switzerland (1) @ 12/5 WON
• Selection 3: Spain v Croatia (1) @ 9/10 LOST
• Selection 4: Italy v Albania (1) @ 19/50 WON
• Selection 5: Poland v Netherlands (2) @ 11/20 WON
• Selection 6: Slovenia v Denmark (X) @ 5/2 WON
• Selection 7: Serbia v England (2) @ 9/20 LOST
• Selection 8: Romania v Ukraine (X) @ 5/2 WON
We have made 8 fixed-odds 1X2 selections from Euro 2024 to combine in a single Goliath bet. Our base unit is $1.00, so your total stake is $247.00 (247 bets at 1.00).
In our example, 5 out of 8 bets win for a total return of $526.42 and a profit of $279.42. That return covers the doubles, trebles, four-folds, and the five-fold.
Benefits of a Goliath Bet
Here are some pluses to making a Goliath in betting. You can make a Goliath wherever you find accumulator bet options.
• Not All Goliath Accas Need to Win: The beauty of a Goliath is that you cover so many possibilities. Not all your bets need to come in for you to make a profit, particularly if you choose a few long shots.
• Enhance Payouts with an Acca Boost: Some online bookmakers also offer acca boosts on your winning system bets. You can win up to 70% or more on your winning accas.
• Claim Acca Insurance for a Free Bet Refund: Many online betting sites offer money back on losing accas. Your acca must have one losing leg for you to receive a free bet token or refund.
• Make Riskier Decisions Alongside Odds-On Favorites: By covering 247 bets, the Goliath bet lets you include a few riskier wagers alongside your dead certs.
Alternative 8-Leg Betting
We can see the advantage of a Goliath over traditional systems by comparing alternative 8-selection bets.
In our example above, here’s what we could stand to win if we had only chosen doubles, trebles, and so on.
Alternative 8-Leg Betting
| Bet Description | Total Stake | Total Return |
| Singles (x8) | $8.00 | $13.33 |
| Doubles (x28) | $28.00 | $68.66 |
| Trebles (x56) | $56.00 | $169.52 |
| 4-Fold (x70) | $70.00 | $199.15 |
| 5-Fold (56) | $56.00 | $89.09 |
| 6-Fold (28) | $28.00 | $0.00 |
| 7-Fold (x8) | $8.00 | $0.00 |
| Accumulator (8-fold) x1 | $1.00 | $0.00 |
| Goliath (x247 bets) | $247.00 | $526.42 |
Drawbacks of a Goliath Bet
Here are some of the downsides to making a Goliath bet. As with any accumulator, you should expect to lose at least one of your acca bets. One losing leg can ruin not only your 8-fold but also many of your doubles, trebles, and four-folds.
• Large Bankroll is Needed: The high cost of placing a Goliath bet can be restrictive. You need 247 units (even at low stakes) so it can be expensive.
• No Guarantee of a Profit: Even with 4 or 5 correct picks, you may end up out of pocket. This is particularly true if your Goliath contains many odds-on selections.
• Acca Boosts May Not Apply: The acca boost on winning system bets may not apply to a Goliath. Always check the terms and conditions before you place your wager.
Top 5 Tips for Goliath Betting
Ready to get started with a Goliath in betting online? Take in our top tips before hitting the best online bookmakers.
• #1: Choose Bookmakers with the Best Software: Our top recommended betting sites offer intuitive bet slips that auto-calculate odds for complex systems like the Goliath.
• #2: Find Competitive Odds: Don’t place your Goliath bet on the first bookmaker you find. Research and see if betting sites offer enhanced odds on your selections.
• #3: Don’t Just Choose Odds-On Favorites: It’s easy to choose 8 odds-on picks for your Goliath bet but you’ll need seven or eight to come in to make a decent profit. Instead, consider one or two odds-against picks to increase your potential profits. With so many bets covered, whether one pick lets you down doesn't matter.
• #4: Keep Your Start Stakes Small: A Goliath bet contains 247 bets, so we recommend you keep your unit stakes small. There’s no need to make your base unit higher than $1 to enjoy some sizeable returns.
• #5: Cover the Goliath Bet with Larger Singles: If you’re picking riskier selections for your Goliath, back them up with some hedge bets on the favorites in those matches. That way, you can cover your lost stakes by going large on the odds-on favorite.
Jon is an experienced journalist and editor working in the gambling industry for over 17 years. He started life as a football betting blogger before being bitten by the online poker bug, eventually becoming editor of some of the largest gambling and poker publications around, including Gambling Magazine and WPT (World Poker Tour) Poker Magazine.
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