Goliath is a type of multiple bet that comprises 247 accumulator combinations of a set of eight predicted outcomes. It is named after the biblical story of David’s battle with the giant Goliath and is one of the most expensive bet types.
The returns are much more likely in a Goliath bet, which makes it a favorite among high rollers.
The Goliath stake consists of a combination of accumulator bets with no single bets involved. For example, the following are eight Premier League football matches and their predicted outcomes:
| No | Team A | Team B | Predicted Outcome | Odds |
|---|---|---|---|---|
| 1 | Manchester United | Brighton | Manchester United Win (A) | 16/5 |
| 2 | Arsenal | Newcastle | Arsenal Win (B) | 4/9 |
| 3 | Chelsea | Tottenham | Tottenham Win (C) | 6/5 |
| 4 | Aston Villa | Liverpool | Liverpool Win (D) | 16/5 |
| 5 | Manchester City | Southampton | Manchester City Win (E) | 4/11 |
| 6 | Brentford | Leicester City | Leicester City Win (F) | 3/4 |
| 7 | West Ham | Wolves | Wolves Win (G) | 10/11 |
| 8 | Everton | Nottingham | Everton Win (H) | 2/5 |
The outcomes need not always be straight wins, draws, or over/under markets can also be included in a Goliath bet.
Now, there could be 247 different accumulator combinations within these eight events:
A Double Bet AB means Manchester United and Arsenal win, or A & B both hold, which means you win 1 Double of 28. A treble would mean that, along with A and B holding, C also holds, or Tottenham also beats Chelsea. Similarly, if all the above eight outcomes hold, you will win the eight-fold bet.
In a usual accumulator wager, if one of these selections loses, you lose it all. But in a Goliath bet, you can still win if you do not win all 28 Double stakes. Your final payout depends on how many of your events win. To maximize returns, focus on the odds of each event.
Calculating the Goliath bet returns is tricky. But good bookies offer automatic calculators to show your expected profit instantly.
To place a Goliath, you must set a value to each wager. For example, if you pick $1 for each stake, your total bet will be $247 for all the selections. Here are the steps to place a Goliath bet:
The Goliath each-way bet indicates that either the event holds or a team ends up at a specific predetermined place. It would mean 494 individual wagers, each costing double the original value. So, the $247 original stake will now be priced at $494. With this option, you get more chances to win, even though the returns will be small.
Horse racing and football are the most common sports where the Goliath bet works.
They’re perfect due to the high number of events during the season and many available betting options.
Goliath was initially used only in horse racing. With so many events during the year and up to 20 runners each, it’s a perfect choice. You’ll find that many new UK bookmakers only offer the Goliath on horse races.
You can also place a Goliath football bet if horse races aren’t your forte. We already explained how it works above.
Goliath is the best option for horse races, trumping others such as Heinz, Lucky 15, or Lucky 31 bets. It requires punters to make multiple selections and combine them into one larger wager. While they can be costly to place, they offer the potential for very high payouts if all selections are successful.
The biggest advantage of a Goliath bet is its potential to pay out a huge amount if all outcomes are predicted correctly, even though that is extremely unlikely. You still get paid even for a few, but the return is significantly smaller.
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There are many reasons why punters choose to place a Goliath bet. Let’s summarize them below:
BetZillion’s pinnacle of sports wagering is here for you to test your Goliath betting skills.
