The Yankee Bet is a type of wager popular in numerous sports, including horse racing. It consists of 11 bets on four selections: six doubles, four trebles and a four-fold accumulator. What amount you’d win depends on the number of winning selections. We explain how to place a bet and how to use our Yankee Bet Calculator.
Since there are no singles bets in a Yankee Bet, you need at least two of the selections to win in order to get some returns.
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Why make a Yankee Bet?
A Yankee Bet reduces the risk of you losing since you don’t need all of your selections to be winning to get returns. So, if you’re feeling confident, you should place a Yankee, because it will increase your chance of getting a positive return.
Yankee Bet Explained
In the next few paragraphs, we’ll explain to you how the Yankee works. Placing it can seem complicated, but, we’ll show you some tips and it will be much more clear.
How to place a Yankee Bet: A Step-by-Step Guide
Here we’ll explain how to place a Yankee once you’ve opened an account at an online bookie of your choice:
- Open the bet slip and add your 4 selections
- Enter the stake for your bet
- Place the bet.
Let’s say, for example, you place a bet on horse racing, the £1 bet would cost £11. If the odds on horses are 6/4, 4/6, 15/8 and 8/11, the payout would be £89.21. But, if let’s say, the last leg loses, you’ll still get returns. In this particular case, that would be £28.2.
Of course, it all depends on the stake and the odds you select.
Yankee Bet Types
There are a few types of this bet. We’ll mention the most important and popular ones:
- Super Yankee Bet – 26 bets
- Permed Yankee Bet – 5 Yankees, ie 55 bets.
A Super Yankee is a bet on 5 selections. In total it consists of 26 bets: 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. It’s rumoured that it got its name by an American soldier who made a wager with a small stake, but his profit counted hundreds of thousands.
How to use a Yankee Bet Calculator?
Using a Yankee calculator is rather easy. What you need to do is type in the stake and the odds of every selection, and you will see what your potential profit would be. One of the Yankee Bet tips is that you should try out multiple combinations before you place a wager.
Where to place a Yankee?
This kind of bet is very popular in the online betting world. Because of that, you won’t have any problem finding a Yankee Bet on every online bookmaker’s website. You can find it as an option once you open your bet slip.
How does a Yankee Bet work in horse racing?
A Yankee horse bet is among the most popular ones in this sport. That’s mainly because it allows you to place bets on multiple selections. But, keep in mind that the horse races can be completely unpredictable. So, you need to do good research before you place a Yankee horse bet.
Yankee Bet on other sports
Even though it might be most popular in horse racing, a Yankee is applicable on a number of other sports. You can simply choose the sport you’d like to bet on and place this bet. The sports include hockey, football, rugby, cricket etc.
Below you can see some answers and useful Yankee Bet tips that might come in handy.
How do I calculate returns from a Yankee Bet?
The simplest way to calculate returns is to use a Yankee calculator.
Why use the Yankee Bet calculator?
We said it before, and we’ll say it again. A calculator is the simplest way to calculate your potential profit from the Yankee accumulator.
Is It Possible to Do an Each Way Yankee?
Yes, you can place an each-way Yankee. It consists of 22 bets in total.
What Is the Difference Between a Yankee and a Lucky 15?
As we mentioned, a Yankee consists of four selections, but it has zero singles bets, and it’s made up of 11 bets. On the other hand, a Lucky 15, as the name suggests, consists of 15 bets. The form is the same as with the Yankee, but it has 4 more singles bets.
See all the main bet calculator here.