Multiple Bets – The Yankee Bet Explained
What is a Yankee?
A Yankee consists of 11 bets of equal value on selections in four separate events: six doubles, four trebles and one four-fold. We explain how a Yankee works as well as the benefits and drawbacks of this type of bet
In a Yankee at least two of the selections must be successful to guarantee a return. The trebles and four-fold increase your winnings should more than two selections come in, and this can mean a Yankee produces some very big wins.
Here’s the bets contained in a Yankee bet
- 6 Doubles
- 4 Trebles
- 1 accumulator
A Yankee consists of 11 bets of equal value on selections in four separate events: six doubles, four trebles and one four-foldBetting Guru
The six doubles are displayed visually above.
- Selections A, B
- Selections A, C
- Selections A, D
- Selections B, C
- Selections B, D
- Selections C, D
- Selections A, B, C
- Selections B, C, D
- Selections A, C, D
- Selections A, B, D
The final bet then consists of an accumulator
- A, B, C and D.
Yankee bet Positives?
If you’re betting on four separate selections and you fancy each of them to win, a Yankee is a good way of placing the multiples to have the chance of a bigger win if any two, three or all four of your selections are successful.
Yankees are great for backing several selections that may pay a shorter price individually, with a more handsome return when placed across this sort of bet.
With all four selections expected to do well, a Yankee ignores singles and focuses your staking on more profitable multiple bets, with the potential for bigger returns.
Yankee bet Negatives?
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The main downside of the Yankee BET is that it doesn’t allow you to stake different amounts on the different multiples included within the bet. They all must be the same.
Fr example, you may wish to stake less on the four-fold accumulator than the doubles, or you may wish to have higher stakes on the single, doubles and trebles containing your most fancied selection. Or you may even wish to have a bigger stake on the accumulator! The latter option, however, can easily be rectified by simply placing an additional accumulator while your bets are still in the bet slip, and adjusting the stake.
How to work out Yankee bet winnings
The simplest method is to use a multi bet calculator, like the William Hill Bet calculator.
How does an each-way Yankee work?
The each-way Yankee is a Yankee in which every bet is an each-way bet, totalling 22 bets. Therefore, the stake is double that of a normal Yankee. The benefit of an Each-way Yankee is that it gives you a pay-out for each horse that places as well as every horse that wins.
When considering whether to include a horse as an each way bet or not, you must first decide if the odds suit the place terms offered. Since most bookies usually offer 1/5th of the win odds for the place part of horse racing each-way bets. Therefore, a £1 each-way bet (costing £2) on a 5/1 horse pays out at evens if your horse finishes in the places offered, meaning your return would be your £1 profit, plus the returned £1 stake for the winning place bet.
What is the difference between a Yankee bet and a Lucky 15?
In a nutshell, the Lucky 15 bet is simply a Yankee bet with the singles added into the bet too. The bet consists of 4 selections, which are added to the eleven Yankee bets, making it fifteen, hence the name “Lucky 15”.
A Yankee and a Lucky 15 are both multiple bets suitable for four selections in different events.
What is the difference between a Yankee bet and a Super Yankee?
The Yankee features four selections while the Super Yankee, also often called a Canadian, includes five selections and contains 26 bets. Similar to the “Lucky 15” mentioned above, the Canadian, or Super Yankee is also called a “Lucky 31” when the five singles are added.