| ?? Number of Bets | 11 |
| 4?? Fourfold | 1 |
| 3?? Trebles | 4 |
| 2?? Doubles | 6 |
A Yankee bet is a type of bet that has a total of 11 bets across four different events – six doubles, one four-fold, and four trebles. Each bet has equal value, and you need to predict at least two of these selections to have a return.
After learning more about this option, you may think that the Yankee bet is too complicated and there is no need to use it. Although understanding it indeed requires some experience, the Yankee bet is used by punters who want to have big wins.
In addition to the odds, many people place super Yankee bets because they seem even more enjoyable. Speaking of wagering, if you want to use this option, you will probably have to focus on horse racing. Those who learn more about the Yankee bet meaning will see that this option is primarily used for this sport.
Fortunately, there are some iGaming operators where punters may be able to apply this option for other sports, such as football. There are even cases where you can use it for ice hockey.
Yankee Betting in Horse Racing
If you are interested in horse racing, you will want to find an answer to what is a Yankee bet. As mentioned, this type of bet includes 11 selections. The idea here is that placing a bet on all of them is usually cheaper than wagering on each one individually. Hence, those who choose the best horse racing bookmakers can earn more without spending a fortune.
One of the reasons people use this kind of bet on horse racing is the sport itself. Most punters who like wagering on horses rarely choose a single pick. The sport is dynamic and unpredictable, which is why some punters choose a couple of options.
As mentioned above, the Yankee bet can be used for several other sports. The process is the same, and it includes the same number of events.
Yankee Bet Example
The Yankee bet has a lot of advantages, which is why it is often among the preferred options for horse racing fans. However, some users have problems understanding it, so we will provide a Yankee bet example below. You may come across different kinds of Yankee bets, but the one shown below describes the classic “win-only” variations.
| ?? Race 1 | ?? Race 2 | ?? Race 3 | ?? Race 4 | |
|---|---|---|---|---|
| 1 | ? | ? | ||
| 2 | ? | ? | ||
| 3 | ? | ? | ||
| 4 | ? | ? | ||
| 5 | ? | ? | ||
| 6 | ? | ? | ||
| 7 | ? | ? | ? | |
| 8 | ? | ? | ? | |
| 9 | ? | ? | ? | |
| 10 | ? | ? | ? | |
| 11 | ? | ? | ? | ? |
Keep in mind that you can find things, such as Each Way Yankee bet and other variations. The table above shows that you cover every possible outcome. The amount of money you could win depends on how many selections you predict and the odds for each one.
Although you will get something even if you predict just two of your choices, the amount will most likely not exceed your original stake. Therefore, you should always try to guess the outcome of as many picks as possible.
Keep in mind that you may find different super Yankee bet explained info. Although this type of bet seems like the one mentioned above, it actually consists of 26 bets in total. This includes 10 trebles, 5 four-folds, a 5-fold Acca, and 10 doubles.
?? How to Calculate your Winnings
To calculate your winnings after placing a Yankee bet, you should do the following:
- Go to the bookie you’re using.
- Look for a Yankee bet calculator and fill in the amount you’ve used, as well as the odds.
- Check the possible outcome.
Even though most horse racing sites offer a special calculator for this type of bet, there might be some exceptions. If that’s the case, you will need to find a third-party calculator for Yankee bet. Usually, this option will let you choose the type of bet ( Each Way or Single Bet), odds format, and your total stake.
Each Way Yankee Bet Explained
What is a Yankee bet is among the most common questions bettors ask themselves. While it is true we’ve provided you with an answer, the Yankee bet has a couple of variations, and they have some specifics.
Some punters will prefer to wager on the “win-only” option, whereas others focus on each way Yankee bet. If you decide to put it to the test, you will need to place 22 bets in total. This will increase your potential winnings, but it will also cost more to place the bet.
Although placing a Yankee bet using each way is easy, you have to pay attention to the odds. Each way consists of two bets because you wager a win and a place bet. Therefore, the betting odds might be more attractive than usual.
Although each-way betting is popular among horse racing fans, this option is rarely available for other sports. Thus, you may need to wager on horse racing if you decide to use it in your Yankee bet.
What Happens to a Yankee Bet with a Non-Runner?
A Yankee bet with a non-runner will continue to be active because all 11 bets will stand. The term “non-runner” is used when a horse that was supposed to participate in a race is withdrawn for different reasons. Although there are exceptions, usually, this is illustrated with the N/R symbol.
As for answering the question of what happens to a Yankee bet with a non-runner, it all depends on what happens with your other bets. For example, if there is one non-runner and two winners in a treble, you will only receive the winnings for the two winners.
According to the British Horseracing Authority, 7.73% of the horses were non-runners in 2021, so this happens more often than you think.
Yankee Bet vs Lucky 15
Many online bettors want to know the answer to the question of what is a super Yankee bet because it is trendy. However, this doesn’t mean there aren’t other popular variations, and one of them is called Lucky 15.
The Yankee bet and Lucky 15 seem similar, but the latter also includes single bets on the four selections. As a result, people who want to use it will have to wager more. Despite that, the good thing about Lucky 15 is that the potential payout is also higher.
Once you learn the answer to what is a Yankee bet, you can decide whether it is better than Lucky 15 for you. Both have their pros and cons, but it usually comes down to personal preferences.
Advantages and Disadvantages of Placing a Yankee Bet
- Pros
- You can manage your bankroll – This is often overlooked, but when you decide to place a Yankee bet, you can actually manage your bankroll. Since this type of bet is split across 11 separate bets, the stake is also spread.In other words, it is more cost-efficient to use a Yankee bet instead of placing 11 individual bets. The latter will be much more expensive.
- You are much more versatile – People looking to mix different results and those who want a more exciting bet will find this option a lot more versatile.
- Cons
- The bet can cost a lot of money – We’ve mentioned this bet is more cost-efficient than placing 11 separate bets. Nevertheless, a Yankee bet can also cost a lot, so remember.
- The return might not be that good if you don’t predict most selections – This is self-explaining, and it’s safe to say it is among the biggest drawbacks of this bet type.
How to Place a Yankee Bet
After learning what to expect from a Yankee bet, as well as some of the pros and cons, it’s time to see how to place it. There are a couple of things you should be aware of.
Choose the bookmaker that offers this bet type
Even though most top-tier bookmakers will allow you to place a Yankee bet, there might be exceptions. So, before registering with a given operator, check if this is among the available options.
Create an account
Assuming you do not have an account with a bookie that offers a Yankee Bet, the next step is to choose a brand and sign up. Don’t worry, the registration process shouldn’t be complicated, even if you haven’t registered before.
Choose the sport that offers a Yankee bet and select your event(s)
We have mentioned that you can place a Yankee bet on horse racing, but some operators may offer even more options. If that’s the case, choose the sport and add the 4 matches and markets that you need to get to 11 combinations needed for the Yankee bet.
Place the bet
After adding the markets to your betslip, you should check the options menu (most bookmakers have this) and choose the specific bet type you want. In this case, you must select Yankee.
Once done, you must add the amount you wish to bet with and place the bet.
FAQ
How many horses are needed for a Yankee bet?
Four horses are needed for a Yankee bet.
Yankee vs Lucky 15 – which is better?
Yankee is better because you don’t need to wager a lot.
How do you win a Yankee?
You can win a Yankee by predicting at least two of your selections, but you will win more if you predict more outcomes.
When should I place a Yankee bet?
You should place a Yankee bet when you don’t want to pay for each selection individually.
How does a Yankee bet payout?
The Yankee bet payouts when the races are over, and the money depends on what you’ve bet on.
Final Thoughts on Yankee bet
After you’ve learned how many horses in a Yankee bet you need to wager on and what to expect, it is time to decide whether this option is worth it. The question What is a Yankee bet? is common among punters in the UK and other countries interested in horse racing. However, this bet is not that popular for other sports, such as football.
Although it is not complicated, punters who are new to the hobby may have problems understanding the Yankee bet. Hence, they often prefer to place bets on a single event using one of the standard betting markets. Luckily, this detailed review shared everything you need to know about this option.