Even if you’re new to gambling, you will have no doubt heard the term Yankee bet. By understanding what a Yankee is, you will increase your chances of getting the most from your bets. Learn how to increase the fun and maximise your returns even if not all selections are winners!
- What is a Yankee Bet?
- Why is a Yankee Bet called a Yankee?
- Yankee Bet Example
- Yankee Bet Recommendation
What is a Yankee bet?
A Yankee bet consists of 11 bets on four different selections. It consists of 6 doubles, four trebles and one fourfold. This means, that in order for you to see a return from a Yankee bet, at least two selections must win the race. A Yankee bet is a a full coverage bet. This means that all possible combinations from the four selections are included, but the single selections are not.Whether you will profit depends on the odds you have chosen.
The Yankee option will be presented on your betslip when you choose 4 different selections. This is also where you include your stake. What you will notice, though, is that the stake amount and bet total will be different. That is because your stake is placed on each of the 11 individual combinations that make up a Yankee bet.
Why is a Yankee bet called a Yankee?
It is rumoured that this kind of bet was coined a ‘Yankee’ after an American soldier placed a relatively cautious bet in the UK. On the day, and after multiple roll-overs, he won back hundreds of thousands of pounds.
Yankee bet example
A Lucky 15 bet is in many ways, like a Yankee. In both, you are backing four horses to win, but spreading your bets out into a number of selections. The difference with the Yankee, is that the number of bets is 11, not 15. You have six doubles, four trebles and one four-fold, so there are no singles in a Yankee, whereas there are four in a Lucky15.
If you were to pick 4 different teams and add them to your bet slip at the following odds:
- A Team (2.0)
- B Team (3.0)
- C Team (1.5)
- D Team (4.0)
The Yankee would consist of 11 bets as we stated previously. These would be:
|Doubles||Teams A & B, Teams A & C, Teams A & D, Teams B & C, and Teams C & D|
|Trebles||Teams A & B & C, Teams A & B & D, Teams B & C & D|
|Fourfold||Teams A & B & C & D|
As we said, you need at least two teams to win, if this happens, you will get a return. Let’s say Teams A (2.0) & B (3.0) won. This would give you a return of £60 assuming your stake was £10 per bet. This would leave you massively down, as your total stake on the entire Yankee would be £110.
If Teams A (2.0), B (3.0) & C (1.5) won, you would win one of the trebles and 3 of the trebles. So your payout would be £90 from your treble, and £135 from the trebles, giving you a total return of £225 from your £110 stake.
Suddenly, this makes the Yankee look a very attractive prospect!
Yankee bet recommendation
The payout for your Yankee bet can vary dependant on the odds of the selections that you choose. If you pick odds on favourites, it will not work very well, and you’re probably best off sticking to a normal accumulator. We recommend Yankee bets to regular punters who know their way around. If you’re a novice punter, a Lucky 15 or a normal accumulator is a safer bet as some bookies will treble odds your odds even if you have just one winner.
If you’re choosing selections that have outside chances, then a Yankee can be a great option. Sometimes just 2 selections can give you a huge profit, and if all 4 wins, then it’s time to start thinking about quitting your job!
Make sure you read our Lucky 15 Betting guide to continue to the fun!