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.
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:
|Part||Selections (1-4)||Number of Bets|
|Double bet||12, 13, 14, 23, 24, 34||6|
|Treble bet||123, 124, 134, 234||4|
|Total Number of Bets||11|
(We are making mention of some other important System Bets which has been discussed in other articles – Double Bet, Treble Bet, Single Bet and Accumulator Bet.)
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.
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:
|Part||Selection Permutations (1-5)||Number of Bets|
|Double bet||12, 13, 14, 15, 23, 24, 25, 34, 35, 45||10|
|Treble bet||123, 124, 125, 134, 135, 145, 234, 235, 245, 345||10|
|Four-Fold||1234, 1235, 1245, 1345, 2345||5|
|Total number of bets||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.
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.
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.
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.
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.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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