What Is A Yankee Bet?
A Yankee is a popular type of bet which allows you to combine four selections into a multiple bet comprising six doubles, four trebles, and an accumulator – which is a total of 11 bets for a win Yankee or 22 bets if you place an each-way Yankee.
Most bookies will let you choose Yankee selections on a wide range of sports such as horse racing, football, tennis, and rugby. Many will also let you place multi-sport Yankees, allowing you to combine your fancied selections from a variety of sports into one bet.
For the purpose of illustrating this, consider your four selections to be called A, B, C, and D, and you can see how these selections are combined in the example of a Yankee bet below. The “Xs” mark which selections are used in each bet.
Cost of a Yankee Bet
When placing a win Yankee, you simply multiply by your stake by 11 to get the total cost of your bet. If you want to place an each-way Yankee, simply multiply your stake by 22. For example, a £1 win Yankee would cost £11 and a £1 each-way Yankee would cost £22.
Advantages of a Yankee
The main advantage of a Yankee is it allows you to combine four selections in multiples ways that can result in small and large wins. You’ll get some money back if two of your selections win or place, but you’ll have the chance to land decent winning bets with your trebles your acca. Yankee bets are especially popular at big horse racing meetings, where you get the chance to combine selections at big odds.
For example, imagine all those big juicy handicaps at the Grand National Meeting at Aintree over the jumps or at Glorious Goodwood on the flat. You could easily combine winning selections at say 10/1, 12/1, 14/1, and 16/1. A £1 Yankee on those four selections would cost £11 and return £48,316.00. A £1 each-way Yankee would pay £48,728.90 if each-way terms were a 1/5 of the odds. Even if all four of those selections only placed, you’d still get back £312.90.
You could also have all sorts of combinations of winners and placed horses that would offer a variety of different sized payouts.
Difference Between a Yankee and a Super Yankee
A Yankee is one of the most popular multiple bets, but what do you do if you’ve got five selections that you want to combine into a multiple bet? The answer is you can place a Super Yankee. This bet works in a similar way to a Yankee but your five selections are permed into 10 doubles, 10 trebles, five 4-folds accumulators, and one 5-fold accumulator.
That means that a win Yankee has 11 bets and an each-way Yankee 22 bets, whilst a win Super Yankee has 26 bets and an each-way Super Yankee has 52 bets.
That means that a Super Yankee will cost you a lot more to stake than a Yankee but, obviously, it offers you the chance to land even bigger wins due to there being five selections.
Summary of a Yankee Bet
– A Yankee is a multiple bet combining six doubles, four trebles, and a 4-fold acca
– A Yankee bet consists of 11 bets or 22 bets if it is an each-way Yankee
– A Yankee bet offers a variety of pay outs from small ones to big ones
– You can place Yankees on a variety of sports and they’re especially popular at big horse racing meetings
– You can often combine selections from different sports into a Yankee bet with many bookmakers