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What is a yankee bet?
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The
'Yankee' bet type is made up from four selections, with 11 individual bets across those
chosen picks. In this bet, you will have six doubles, four trebles and a one four-fold
accumlator, meaning the bettor requires a minimum of two winning selections to gain a
return.
A yankee is a complex form of multiple bet that allows a wide variety of bets
to be placed at the same time. As such, it is important for bettors who are considering
placing this kind of bet to think carefully about what they could possibly lose from it
and what they may stand to gain from it.
Under the conditions of a yankee bet, bettors
make four selections across different events. From those four selections, a total of 11
bets are made. This allows the bettor more security, as even if some of their
selections do not win, the multitude of bets that have been placed allows them to stand
a chance of making some kind of return.
However, as a result of this security, the
returns that bettors stand to make from a yankee bet are considerably lower than other
forms of multiple bet. For example, under the conditions of a treble bet, all
selections must win. If just one does not win, the bet loses. This kind of a bet is
therefore likely to pay out more than a yankee bet because it is more difficult to
win.
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Yankee bet
A yankee bet is made up of 11 bets from
four different selections. The bets that comprise the yankee are six double bets, four
treble bets and one four-pronged accumulator. Applying this to an example in football
shows how the yankee bet works in practice.
In this scenario, the bettor has made the
following selections:
Newcastle United will beat West Ham United
Manchester United will
beat Liverpool
Manchester City will beat Brighton and Hove Albion
Wolverhampton
Wanderers will beat Fulham
As part of the yankee bet, the following bets are made:
Six
double bets
Newcastle United will beat West Ham United and Manchester United will beat
Liverpool Newcastle United will beat West Ham United and Manchester City will beat
Brighton and Hove Albion Newcastle United will beat West Ham United and Wolverhampton
Wanderers will beat Fulham Manchester United will beat Liverpool and Manchester City
will beat Brighton and Hove Albion Manchester United will beat Liverpool and
Wolverhampton Wanderers will beat Fulham Manchester City will beat Brighton and Hove
Albion and Wolverhampton Wanderers will beat Fulham
Four treble bets
Newcastle United
will beat West Ham United, Manchester United will beat Liverpool and Manchester City
will beat Brighton and Hove Albion Newcastle United will beat West Ham United,
Manchester United will beat Liverpool and Wolverhampton Wanderers will beat Fulham
Newcastle United will beat West Ham United, Manchester City will beat Brighton and Hove
Albion and Wolverhampton Wanderers will beat Fulham Manchester United will beat
Liverpool, Manchester City will beat Brighton and Hove Albion and Wolverhampton
Wanderers will beat Fulham
One four-fold accumulator
Newcastle United will beat West
Ham United, Manchester United will beat Liverpool, Manchester City will beat Brighton
and Hove Albion and Wolverhampton Wanderers will beat Fulham.
[ BET TYPES EXPLAINED
WIDGET ]
The return made on these bets would differ depending on which ones were
correctly forecasted, because some are less probable than others. For example, it is
less probable for the four-fold accumulator to win than it is for one of the double
bets to win. So if Newcastle United, Manchester United, Manchester City and
Wolverhampton Wanderers all won, the bettor would receive a greater return than if, for
example, just Newcastle United and Manchester City won.
It is also important for
bettors to keep in mind that a yankee bet costs more than a traditional bet. As there
are 11 bets being made, the stake is multiplied by 11, to cover each bet. So if, for
example, the bettor were to place stakes of £2, it would actually cost £22 to place the
yankee bet so each of those variations is covered.
Yankee bets are available in a wide
variety of sports, but they most often appear in greyhound racing, football and horse
racing. This kind of bet cannot be placed on one single event. Four selections from
four different events must be made instead. Bettors who wish to make multiple
selections on one single event should explore the different kinds of forecast bets that
are available.
Different kinds of multiple bets
A yankee bet is a kind of multiple bet
and there are several different kinds of multiple bets that bettors can place.
As the
name suggests, double bets allow the bettor to make two different selections in one
single bet. If both of these selections win then the bettor will make a return. If
neither of them wins or just one of them wins, the bettor will not make a return.
[ TOP
1 BETTING OFFER WIDGET ]
Treble bets add a third selection and if all three win then
the bettor makes a return. A trixie bet also allows bettors to make three selections,
but four bets are made: three double bets and one treble bet. This means that bettors
can afford to have one of their selections lose and still make a return under the
conditions of a trixie bet. The single loss is covered by the inclusion of the three
double bets.
A Lucky 15 includes 15 bets and so, like a yankee bet, the stake placed is
quite high. As part of this kind of bet, the bettor places 15 bets in total. The bets
are: six double bets, four treble bets, four single bets and one four-pronged
accumulator. With so much on the line, many bookmakers allow for bonuses in certain
outcomes, which is why this kind of a bet is called a Lucky 15. For example, if the
bettor gets all of their selections right, the bookmaker may offer a bonus.
Yankee bets
can be very complicated to understand, but may be good options for those who are
looking for a high likelihood of a return. Bettors should be wary though. With four
selections to make, anyone wishing to place a yankee bet should be well versed in the
sport and the participants they are betting on.
Plus, don't forget to check out our bet
calculator, where you can calculate your winnings.
< Return to what is a patentGo to
what is a canadian bet >
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