Goliath Bet Calculator
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Goliath Bets Explained
A Goliath bet is a wager consisting of 247 separate bets across 8 selections. It includes 28 doubles, 56 trebles, 70 fourfold accumulators, 56 fivefold accumulators, 28 sixfold accumulators, 8 sevenfold accumulators, and 1 eightfold accumulator, covering every possible combination of your selections. It does not include single bets.
The Goliath is designed for bettors looking to maximize potential returns while still having multiple chances to win. With this type of ‘system’ bet, you only need two winning selections to see a return. However, the more winning selections you have, the greater your payout.
When choosing selections, consider the odds carefully. If all your selections have short odds, and only a few win, your return may not be enough to recover your total stake. Incorporating some longer-odds selections can help balance risk and reward.
Since a Goliath consists of 247 individual bets, your stake is multiplied by 247. For example, if you place a £1 per bet Goliath, your total stake will be £247. The calculator on this page allows you to either set a stake per bet or enter a total stake amount and have it calculate the individual stake per bet for you.
The Goliath bet originated in horse racing but is widely used in sports betting, including football, golf, and more.
Try different combinations of selections on the Goliath calculator to see how your bet could play out.
Goliath Composition
A Goliath consists of eight selections and a total of 247 bets. These bets cover every possible combination of your selections (called permutations). It does not include singles.
| Bet Type | Number of Bets |
|---|---|
| Double | 28 |
| Treble | 56 |
| Fourfold Accumulator | 70 |
| Fivefold Accumulator | 56 |
| Sixfold Accumulator | 28 |
| Sevenfold Accumulator | 8 |
| Eightfold Accumulator | 1 |
| Total: 247 bets |
Since a Goliath contains only doubles, trebles, fourfold accumulators, fivefold accumulators, sixfold accumulators, sevenfold accumulators, and an eightfold accumulator, at least two selections must win for a return. The more winners you have, the greater your payout.
Goliath Example
Let’s say you place a Goliath bet on eight horses, with a £1 stake per bet, making your total stake £247.
In the first example, all of our horses have odds of 3/1. This simplifies the example and helps illustrate how odds impact returns.
All horses with odds of 3/1
| Outcome | Return | Total Stake | Profit |
|---|---|---|---|
| 2 Winning Horses | £16.00 | £247.00 | -£231.00 |
| 3 Winning Horses | £112.00 | £247.00 | -£135.00 |
| 4 Winning Horses | £608.00 | £247.00 | £361.00 |
| 5 Winning Horses | £3,104.00 | £247.00 | £2,857.00 |
| 6 Winning Horses | £15,600.00 | £247.00 | £15,353.00 |
| 7 Winning Horses | £78,096.00 | £247.00 | £77,849.00 |
| 8 Winning Horses | £390,592.00 | £247.00 | £390,345.00 |
Now, let’s take a look at the impact of selecting eight favorites, all with odds of 1/2.
All horses with odds of 1/2
| Outcome | Return | Total Stake | Profit |
|---|---|---|---|
| 2 Winning Horses | £2.25 | £247.00 | -£244.75 |
| 3 Winning Horses | £10.13 | £247.00 | -£236.87 |
| 4 Winning Horses | £32.06 | £247.00 | -£214.94 |
| 5 Winning Horses | £89.16 | £247.00 | -£157.84 |
| 6 Winning Horses | £234.14 | £247.00 | -£12.86 |
| 7 Winning Horses | £598.85 | £247.00 | £351.85 |
| 8 Winning Horses | £1,512.88 | £247.00 | £1,265.88 |
As you can see, when using short-odds selections, a higher percentage of wins is required to generate a significant profit. In real-world betting, selections typically have varied odds, meaning actual returns will vary based on which selections win.
Each Way Goliath
An each-way Goliath further spreads risk by providing returns even if your selections finish in place positions rather than winning outright.
Each bet in a Goliath (double, treble, fourfold, fivefold, sixfold, sevenfold, and eightfold) is split into a win part and a place part, meaning an each-way Goliath consists of 494 bets (247 win bets and 247 place bets). This doubles your total stake but increases your chances of a return.
The payout for place bets depends on the event and bookmaker’s place terms (e.g., 1/4 or 1/5 of the odds).
Pros and Cons of a Goliath Bet
Pros
✓ A balance of risk and reward – Unlike doubles, trebles or accumulators a Goliath will pay out even if one of your selections doesn’t win.
✓ Each way variation available – By using the each way variation, you can spread your risk even further by still receiving a payout if your selections finish in place positions.
Cons
❌ Lower payout potential – Since your stake is spread between multiple bets, the overall payout if all your selections win is lower than it would be for a lone fourfold accumulator of the same total stake.
❌ Lower payout for fewer wins – When only a couple of your selections win, the payout may not be enough to regain your total stake.
Similar Bets
- Canadian – Includes five selections and 26 bets (does not include singles).
- Heinz – Includes six selections and 57 bets (does not include singles).
- Super Heinz – Includes seven selections and 120 bets (does not include singles).
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