As known from:
VA

Yankee Bet: What is a Yankee in Betting? (Yankee Bet Explained)

Publish Date: 26/01/2024
Fact checked by: Drew the DFS Guy

If you have had a chance to read our article on system bet, you will find that Yankee bet is one very popular example of system bet. Yankee bet is a four-selection wager that consists of six double bets, four treble bets, and a Four-Fold accumulator bet. This betting type holds juicy returns should a punter wins all the selections chosen. The amount won from a Yankee depends on the number of selections which was successful and the odds of each one.

Important Facts to know about Yankee Bet.

  • A Yankee bet contains no single bet.
  • A Yankee bet basically comprised 11 bets on four selections
  • A $1 stake on Yankee bet will cost $11
  • Two or more winning selections guarantee a return from this wager.

Yankee Bet Explained

While some will argue that Yankee bet is quite unfamiliar especially among newbie punters, the truth of the matter is that it can be a little difficult if punters don’t understand all the elements of the bet. For instance, punters making a Yankee bet should at least be able to name all the parts of their Yankee bet before putting their money. The reason is because a Yankee bet is made up of different multi bets.

For those asking “what’s a Yankee in betting?”, well, a little history class about Yankee bet. The Yankee is rumored to be named after an American soldier that placed a small bet in the United Kingdom. This man was able to win back hundreds of thousands in profit owing to the multiple roll-over mechanics that he worked with. We have laid the foundation for Yankee bet as we explained the family it belongs to – system bet.  Let us introduce you properly to the most popular multiple bet by getting Yankee bet explained.

By definition, a Yankee bet consists of 11 bets made from 4 selections in different events. Let’s say the four events selected are events 1, 2, 3, and 4, then 11 bets that made up the Yankee. A Yankee bet example will help illustrate this better:

PartSelections (1-4)Number of Bets
Double bet12, 13, 14, 23, 24, 346
Treble bet123, 124, 134, 2344
Four-Fold bet12341
Total Number of Bets11

When you place a Yankee bet (as demonstrated in the Yankee bet example above), you are actually placing 11 bets on four different selections, meaning that a $1 win-only Yankee bet would actually cost $11. Yankee bet shares one major of the System Bet that it belongs to – It affords you the opportunity to see a return on your money even if not all selections are winners. It is important to know that the amount a punter won from a Yankee bet depends on the number of selections that won and the odds of each one. The fact that a Yankee bet does not contains a single bet means that two of the selection made by punter must win in order for a return to be made on the bet.

Giving the multiple components of a Yankee bet, it is not a betting type to approach lightly. This is why, among other reasons, there are a variety of Yankee bet. Let’s explain some of them.

Sports Promo
4.6/5
Bet365
Sports Promo
4.6/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Claim Promo
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

How Super Yankee Works

A Super Yankee takes the Yankee betting system to a whole new level – a rather bit advance and complicated one, but simple though, with the help of a Super Yankee bet calculator. A Super Yankee is a wager on five (5) selections consisting of 26 bets. These 26 bets are made up of 10 doubles, 10 trebles, 5 four-fold’s, and a five-fold accumulator. In a Super Yankee, return from a bet is equally impacted upon by each runner thus making a single loss capable of reducing winning significantly. A Super Yankee shares similar qualities with the Lucky 31 bet. The only difference is that lucky 31 bet also comprised 26 bets (as in Super Yankee) and adds 5 single bets, one on each selection. Punters make a return from Super Yankee when any two selections win. Below is a table showing the 26 bets of a Super Yankee:

PartSelection Permutations (1-5)Number of Bets
Double bet12, 13, 14, 15, 23, 24, 25, 34, 35, 4510
Treble bet123, 124, 125, 134, 135, 145, 234, 235, 245, 34510
Four-Fold1234, 1235, 1245, 1345, 23455
Five-Fold123451
Total number of bets26

Key Points to know about Super Yankee betting system:

  • A Super Yankee is a form of multiple bet and most popular in horse racing;
  • A Super Yankee bet is also sometimes referred to as Canadian bet;
  • A Super Yankee consists of 26 bets on five different selections;
  • A Super Yankee consists no single bet and at least two selection of the five made must win for any return to be made;
  • Placing a Super Yankee means you are placing 26 bets on five different selection – a $1 win-only Super Yankee bet would therefore cost $26.

It is important to know that there is also an Each Way Super Yankee bet. Basically, it consists of 52 bets. In terms of the mathematics, 26 of these 52 bets are exactly as the one described in a Super Yankee bet, while the additional 26 bets are for the selections of place.

What is the difference between a Yankee bet and a Super Yankee?

The Yankee features four selections while the Super Yankee, includes five picks and contains 26 bets – which can realize different returns depending on how many of the five wins.

How to work out Yankee bet winnings

The seamless method is to use Yankee bet calculator, but if you’d like to know how to work it out yourself here’s how:

  • If you’re making use of fractional odds convert them into decimal odds by dividing the top number by the bottom and adding one.
  • For the doubles, trebles and fourfold multiply the decimal odds for the relevant selections together and then multiply the outcome by your unit stake.

How Each-Way Yankee Works

To better understand how Each Way Yankee works, you need to read about each way bet. Let’s go ahead and assume you’ve read that and understood or that you are already familiar with each way bet. An Each Way Yankee simply means a bet that doubles the stake of a straight ‘win’. The traditional Yankee bet consists of 11 bets, an Each Way Yankee consists of 22 bets. 11 of these 22 bets are the same as in a Yankee bet while the additional 11 bets are for the selections to place.

Advantage and Disadvantage of a Yankee Bet

Simply put, a Yankee bet minimizes punter’s exposure by diversifying the risk of one selection losing within a multiple bet. There is the advantage of spreading risk with a Yankee. Your eleven possible combinations on four selections guarantee a return on your investment with only two of your selection winning. This is called “spreading risk”. There is also a better profit potential with Yankee bet.

One major disadvantage of a Yankee bet lies in the fact that it does require a higher stake. The maths is simple and clear. The fact that punters are making 11 bets instead on one, makes the stakes much higher. Punters need to make a judgement call after considering whether the increased chance of winning is worth the higher stake associated with it. Another disadvantage is that Yankee betting system is a full coverage bet that require a fair bit of skill to effectively utilize. For this reason, it is mostly likely advisable that novice punters and complete amateurs should avoid the Yankee betting system or at least get its fundamental and most importantly, how to use a Yankee bet calculator.

Which Sport Bookies Offer the Best Yankee Bet?

It is very important for you as a punter to understand that the benefit of Yankee bet is that it really diversifies the risk of one selection losing within a multiple bet. In a tradition accumulator bet, if a single selection should lose, that whole bet is lost. Yes, you need to multiple your stake in a Yankee bet, but if the cost is paid for in being able to spread your risk, and not having to worry much about a single point failure where one wrong selection mess up the whole bet for you, isn’t that worth a chance? We have put in our best to assist you with the work needed to be done in placing a Yankee bet. We have researched sport bookies with Yankee betting system that best suit your need. All you have to do is head over to our sports betting comparison page and choose your preferred operator for your next Yankee bet – or whether it is each way Yankee or super Yankee.

Our top US Sportsbook Sites for Yankee Bet

Bet365
1.
Favicon
4.6/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Requirements (WR): 1x Promo, Min. Deposit: $10
Go to Bet365
Get bonus now
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM Sportsbook
2.
Favicon
4.6/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
Min. Deposit: $10
Copy
Get bonus now
T&Cs apply, 21+
FanDuel Sport
3.
Favicon
4.5/5
Bet $5 Get $200 in Bonus Bets if your bet wins
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel Sport
Get bonus now
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Copy
Get bonus now
T&Cs apply, 21+
BetRivers.com
5.
Favicon
4.5/5
Second chance bet: Get up to $500 in Bonus Bets
Virginia
Players from Virginia accepted
Requirements (WR): 1x Promo, Min. Deposit: $10
Copy
Get bonus now
T&Cs apply, 21+

Conclusion: Betting the Pro’s Way, the Yankee Way.

Yankee betting system is pretty much available for many sports. Arguably, however, research has shown that it is actually most popularly used in soccer and horse racing. The basic idea behind the Yankee betting system for punters to be able to spread their risk by having as many as eleven combinations from their four selections of which only two needs to win to get a return. Nevertheless, as handy as it may looks, Yankee bet is no joke, and novice punters and amateurs are advised to do some readings and learning to join the league of pros making decent returns with Yankee bet. If you are reading this article, you are already on the right track. Yes, Yankee bet has a higher stake than a traditional accumulator bet, you should know that it does make a return more likely with its many combinations.

Top Betting Sites
Top Betting Promos
Bet365
Bet365
Bet365 Review
4.6/5
BetMGM Sportsbook
BetMGM Sportsbook
BetMGM Sportsbook Review
4.6/5
FanDuel Sport
FanDuel Sport
FanDuel Sport Review
4.5/5
Bet365
Bet365 Promo
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.6/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM Sportsbook
BetMGM Sportsbook Promo
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.6/5
FanDuel Sport
FanDuel Sport Promo
Bet $5 Get $200 in Bonus Bets if your bet wins
T&Cs apply
4.5/5
Our Team
Mark LewisJosh SchwartzDrew the DFS GuyDan HolmesMike Goodpaster
Mark Lewis
Mark Lewis
Editor
Josh Schwartz
Josh Schwartz
Editor
Drew the DFS Guy
Drew the DFS Guy
DFS Expert
Dan Holmes
Dan Holmes
Sports Writer
Mike Goodpaster
Mike Goodpaster
Editor
Get the latest updates in Sports and Casino via our Newsletter

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Virginia Town HallCloudflareSSLco² neutral
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Copy
Play now
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive Bonus Code: GBHSOCIAL
  • Redeem for Crypto
  • Earn Stake Cash for logging in!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Play now