A Goliath bet is the largest standard full cover bet available, based on eight selections across different events and comprising a total of 247 individual bets. This monumental wager is designed to provide comprehensive coverage across numerous combinations of your chosen selections, and importantly, it does not include any single bets. Its 247 component bets are structured as follows: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and 1 eight-fold accumulator. Because it excludes singles, at least two of your eight selections must win for any return, making it typically chosen by highly confident bettors in horse racing and football for significant events, aiming for maximum returns from a large number of successful outcomes.

To understand a Goliath bet, consider your eight chosen selections (A through H); it automatically covers every possible multiple combination of these, starting from doubles and notably excluding singles. You place an equal "unit stake" on each of these 247 bets, meaning a £1 unit stake, for instance, results in a £247 total outlay. As selections win, their odds are compounded within the successful combinations; however, since no singles are included, your first return will only come when at least two selections win, triggering a payout from one or more double bets. The more selections that win, the more combinations pay out (including trebles, four-folds, etc.), leading to truly immense overall returns, for which a Goliath Betting calculator is indispensable for accurate summing.