The Yankee bet is rumoured to be named after an American soldier who used this system to place a bet at a UK bookmaker, and won a fortune off a small wager when all his selections won.
Major online bookmakers don’t even require you to place the sub-bets separately.
Instead they automatically detect once you have made four selections and then offer a Yankee bet as an option on the betting slip.
What’s a Yankee bet?
A Yankee bet is a combination of:
These bets are placed using four selections from the betting markets. The same stake is placed on each of the sub-bets, and at least two odds-against selections will need to win for a Yankee bet to generate a return.
|Sub-bet||Yankee selections||Number of bets|
|Doubles||1-2, 1-3, 1-4, 1-5, 2-3, 2-4, 3-4||6|
|Trebles||1-2-3, 1-2-4, 1-2-5, 1-3-4, 2-3-4||4|
|Four-folds||1-2-3-4, 1-2-3-5, 1-2-4-5, 1-3-4-5, 2-3-4-5||1|
How does a Yankee bet work?
To place a Yankee bet you will first need to identify four selections in the betting markets that you are confident can win.
Save your riskier bets for singles, as the primary focus of a Yankee bet is to trigger the maximum potential payout by getting all four selections to win.
If you were to construct a Yankee bet from scratch you would need to include every selection you made in at least one double, treble and fourfold accumulator with every other selection.
Prior to online betting, you would have needed to do this manually, which would require using the bet table in the previous section.
However, online bookmakers have made it easier than ever to place Yankee bets. Simply make four selections and a Yankee will come up as a betting option on your betting slip.
If you’re sure your selections are on point, you can place your Yankee bet by entering the stake for the bet.
Keep in mind that the stake you enter will be multiplied by 11, with the same stake going to each of the 11 component bets.
Provided at least two of your selections win you will generate a payout on your Yankee bet, with at least one of your doubles paying off.
A Yankee bet can theoretically deliver an overall profit if two selections win, and the odds on these selections are high enough. Typically, however, at least three winning selections are required to return an overall profit on the bet.
Which bookmakers offer Yankee bets?
Yankee bets are one of the most popular combination bets, so you’ll be able to place them at most popular online bookmakers, including:
Note that you may need to dig around your betting slip to find the relative multiple bets options once you have placed your four qualifying bets.
Yankee bet strategy
The best way to use a Yankee bet is to make four strong selections and ensure all four of your sub-bets, including the most lucrative, the four fold accumulator, pay out.
One way to do this is to make all your selections at odds under Evens. Odds on selections are highly likely to win their events, and selecting four gives you a solid chance of winning your Yankee bet.
However, taking this approach will usually result in a modest payout on your Yankee bet, and can easily lead to a profit smaller than your stake.
This is not the type of massive return your average punter is looking for from a Yankee bet, so chances are you will want to place bets on higher priced entries.
In this case the Yankee betting strategy is similar to placing a single bet:
- Ensure you understand and are deeply familiar with the sport you are betting on to maximise your chances to identify value selections in the betting markets (i.e. good prospects at decent prices)
- Take time to make your selections and try ensure you’re getting the best balance of price and prospects of winning on every selection you make.
When it comes to deciding what your stake on a Yankee bet will be, keep in mind that this is a high-risk, high-reward bet.
Using a large stake weights all the risk on your pocket. If the bet does not come off as intended, you’re looking at a significant loss.
Instead you should look at constructing Yankee bets that offer you the opportunity to make a big profit off a modest stake.
While this does involve choosing higher prices, which reduces the probability of all selections winning, it weights the risk on losing the bet, rather than potentially losing a large sum of money.
Yankee Bet Calculator
* Select "Yankee" from the bet type drop-down
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