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What is a Yankee bet?

Strike it rich with a Yankee bet. (credit:Credit by bettingpro)

How to place a Yankee bet – the expert guide

Many punters like to place Yankee bets and it’s a great way of scoring a big profit by making four selections, while you also have the insurance of knowing you can make money if only two selections end up winning.

A Yankee bet firstly involves making four selections. So you might pick four horses such as the below example:

  • 2:30 Estimate
  • 3.05 Hunters of Brora
  • 3.45 Earl of Tinsdall
  • 4.25 Colour Vision

If you were placing a £5 accumulator on the above horses, the bet would cost you £5.

However, if you were placing a £5 Yankee on the above horses, the bet would cost you 11 x £5 = £55. This is because a Yankee consists of the following:

Yankee breakdown
  • 6 doubles
  • 4 trebles
  • 1 accumulator

Why place a Yankee bet?
If you have an accumulator bet on the above horses, they all need to win in order for you to strike it rich with the bookmakers. 

However, a Yankee bet means that you win money if two, three or four of the above horses win their respective races.

Yankee pay-out
  • If 0 or 1 selection wins their race, you lose all stakes
  • If 2 selections win their races, you win on one double
  • If 3 selections win their races, you win on three doubles and one treble
  • If 4 selections win their races, you win on all 15 bets!

If I get two winners, does that guarantee a profit?
It depends on the odds of the two winners. Indeed, a Yankee is often placed by a customer who might have four particular fancies (could be any sport) but wants to hedge his bets by putting them in this kind of bet.

What sports are applicable to Yankee bets?
Pretty much all of them! Many racing punters will pick four horses for a particular meeting and hope to make a packet, although you can have a Yankee with four football teams or even four First Goalscorer bets which often makes sense as the odds are a good deal bigger.

You could potentially put four tennis players in a Yankee and most bookmakers will show the potential winnings on their online bet slip so you can calculate your unit stake. Remember, that a Yankee is 11 bets so your unit stake will be multiplied by 11!

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