What is a Goliath Bet? Fully Explained

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. 

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.