The Yankee bet is the most popular type when it comes to system bets. The Yankee is rumored to be named after an American soldier that placed a small bet in the UK and due to the multiple roll-over mechanics at work won back hundreds of thousands. A Yankee is a type of multiple-bet that groups your four selections into eleven bets. These are:
- 6 X Doubles
- 4 x Trebles
- 1 x Four-Fold
A simple four-fold bet has just one winning combination and while the earnings will be bigger, you will lose the bet if any outcome doesn’t go your way. With the Yankee bet things are a different because you get 11 winning combinations. Basically, you can win even if 2 out of the 4 scenarios you bet on didn’t go your way. Below, we will explain in detail everything you need to know about the Yankee system bet.
What is a Yankee System Bet?
As we mentioned above, the Yankee bet takes a simple four-fold bet and turns it into a system with 11 possible winning combinations. There are 6 doubles, 4 trebles, and a single four fold in a Yankee bet. When it comes to sports betting, this system is often used for horse racing; however, it can be used for almost all sports. Here is an outline of a simple Yankee bet.
|Bet||Number of Bets|
Compared to other system bet types, like the Goliath or Heinz, this one is much simpler because 11 possible bets are not that hard to track. However, its important to know all the facts to be able to make the best Yankee bet. For the sake of argument our example will be based on football betting since that’s the most popular sport to bet on. To make it easier, we have picked an example from the English Premier League. Lets say, you want to bet on 4 victories for clubs who are supposed to win their matches.
- West Bromwich vs Liverpool – Away Side Victory – 1.91 odds.
- Manchester City vs Aston Villa – Home Side Victory – 1.25 odds.
- Everton vs Manchester United – Away Side Victory – 2.20 odds.
- Arsenal vs Chelsea – Home Side Victory – 2.45 odds.
While two of the matches are almost certain, the other two are much harder. This is how every Yankee bet should look. Having 4 low odds outcomes is not worth it and a simple four-fold bet would work better in that case. To properly utilize a Yankee bet, some of the outcomes need to have higher than average odds.
Now, remember, a Yankee is a combination of eleven bets; so where you’d normally place a £1 wager here it would equate to £11 (a pound on each outcome). So, you may want to lower your original stake to, say, 10p – as this will ensure that your overall outlay is £1.10. A £1.10 Yankee on these four selections could return £6.41 (a profit of £5.31). An £11 Yankee could return £64.08 (a profit of £53.08). The composition of your Yankee would look something like this:
|Bet||Selection||Number of Bets|
|Doubles||Man Utd & Man City; Man Utd & Liverpool; Arsenal & Liverpool; Man City & Arsenal; Man City & Liverpool; Arsenal & Man Utd.||6|
|Trebles||Man Utd, Man City & Liverpool; Man Utd, Man City & Arsenal; Liverpool, Man City & Arsenal; Man Utd, Liverpool & Arsenal;||4|
|Four Fold||Man Utd, Man City, Liverpool & Arsenal||1|
Reducing the Risk
In a regular four fold bet, if one of those outcomes doesn’t go your way, the bet is over and you lose the stakes. However, with a Yankee bet, you only need 2 outcomes to go your way for a winning bet. The amount will be lower but its still better thank getting nothing. Nevertheless, you may be looking at your Yankee and thinking: ‘hang on a minute; I could place the same amount on a four-fold and win more money!’
Indeed, a £1.10 four-fold on the above selections would return £14.37 (a profit of £13.27), and an £11 four-fold would return £143.69 (a profit of £132.69). But the key here is that for you four-fold to win, you’d need all four of your selections to triumph; and you only have one winning combination.
With a Yankee, you have eleven possible combinations that could yield profit, and to guarantee a return on your investment you only need two of your four selections to win. This is known as ‘spreading risk’. If you make your picks wisely – as highlighted in the example above – then you should have plenty of profit-making potential at your disposal.
Where to place a Yankee Bet?
We already mentioned that you can place a Yankee bet on a lot of sports. However, you can get the most out of it on Football and Horse Racing. There is one problem though; Yankee bets on football are very limited. Most bookmakers allow a Yankee system only on match betting. This includes 1X2 bets, moneyline bets, Double Chance, H2H, and HT/FT bets. It takes out all the other types like goalscorer, outright, totals, handicap, and specials betting. However, an experienced player doesn’t really need more than match betting options when it comes to creating Yankee bets.
With a horse racing Yankee, you’d simply pick out four horses that you think are going to win their races. The combinations are than calculated in exactly the same way. It’s worth noting if you fancy playing a Yankee on the horses that you can also select an each way option. This once again multiplies your stake – you’d be up to £22 rather than £11 in the example above – but of course each way betting gives you a greater chance of a return.
What’s a Super Yankee Bet?
A Super Yankee works along the same lines as a traditional Yankee, but here you have to select five teams, players or horses rather than four. So in the example above, we’d place our Super Yankee on Man Utd, Man City, Liverpool, Arsenal and, say, Tottenham. Now we have 26 bets on our hand: 10 doubles, 10 trebles, 5 four-folds and a single five-fold. Our initial outlay has increased again, but we now have 26 chances of winning – and so our risk is spread even further. Most crucially, our earning potential is greatly enhanced, as we still only need two of our five selections to come up for a Super Yankee bet that’s a winner.
The Advantages of Yankee Betting
- More chances of winning
- Spreads risk
- Better profit potential
The Disadvantages of Yankee Betting
- Requires 11x your original stake
- Pays out less, pound for pound, than a traditional accumulator
And so there you have it. A Yankee offers you a potential goldmine of bookie-bashing potential, but you need to have full confidence in your four selections – otherwise you may end up empty-handed. Remember, if only two of your four selections come in then you may only break even. So if you’re not completely confident in ALL of your selections, you’d be better off sticking to a double or treble.
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