This page is all about what is a Yankee bet in horse racing and other sports. Once you have read this, you will know what’s a Yankee bet and how it compares to other similar wagers. Find out all you could ever possibly need to know about this topic. From the Yankee bet meaning to how the wager works, we reveal all.
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So, just what is a Yankee bet on horses? It’s one of the system and combination wagers like a trixie bet but with more an additional selection. The official Yankee bet definition is as follows. This is where you wager on four selections in different events or races across 11 bets in total like this:
When someone asks you what is Yankee bet all about, you have the answer now. We are also looking at this wager in more detail, so you fully understand how it works.
This is how to work out a Yankee bet – with an illustrative example. When it comes to combination and system bets like this one, Betfred are the top dogs. Our Yankee bet example uses their sportsbook. All of the best betting sites in the UK should give you the option. This is how to place a Yankee bet with Betfred, though:
First, find four horses that you want to back and include in this wager. Add these to the betslip just like our Yankee bet example as above. You will need to scroll down it and find this options from among the accumulator, system and combination wagers.
Where it says Yankee, enter your unit stake. In our example, we have put just £1 on. Should all legs win, then there return is over just £190 from an £11 total stake. Tick the each way box if you wish to go that way with the wager. Once you are happy with the Yankee, then place the bet and you’re on!
You may still be wondering how does a Yankee bet work in horse racing? Well, you can go each way with it but that doubles the total stake. Instead of 11 times the unit stake, you would put 22 bets on. That is how an each way bet works with Yankees – there is a win part to each double and treble and the fourfold accumulator but also separate place parts.
Just one double winning is enough for a return on any Yankee you place. A successful treble also means two doubles win. Three of the 11 bets comprising Yankees may even be enough for profit. Should all four selections win, then this wagers pays out the maximum return.
The table below shows all 11 combinations with the four selections that make up a straight horse racing Yankee wager:
Part of understanding what’s a Yankee bet involves looking at the wager from both sides. Any gamble has pluses and minuses. We’re not talking about the risk inherent in betting here but the mechanics of it. Yankees are no different to any other combination or system wager in this regard.
Getting your head around the pros and cons of the Yankee horse bet can only help matters. It may even make your mind up as to whether this wager is for you. We asked the SafeBettingSites experts for the main upsides and drawbacks of Yankees. This is the balanced approach we like to take on all gambling matters. See their conclusions for yourself below:
Help is at hand for Yankee bet horse racing wagers when it comes to figuring out what you stand to gain. Top betting sites have tools that support wagering and aid you in understanding them. Take the William Hill bet calculator Yankee service, for example. This allows you to input information relating to that wager and other combination and system bets:
The image above shows William Hill’s Yankee bet calculator in all its glory. Toggle between each way or win only Yankees, different betting odds formats and whether you look at the unit stake or total amount wagered. The William Hill bet calculator Yankee service also has a neat Bet Breakdown on the right-hand side.
View returns and profit once you have entered all the details and results. This sets a standard that other major players in the industry do well to follow. Everything is so clear that you’re left in doubt about how to work out a Yankee bet at all. Other bookies have similar bet calculators but this is best in class.
There are some Yankee bet horse racing offers you should be aware of and even a deal that can be used on other sports. These could be to your advantage, so let’s take a look at the top promotions relating to Yankees:
A 10 per cent winnings bonus in cash could be yours if all legs of a horse racing, greyhound racing or virtual racing Yankee run and win. This deal applies to straight win and the win only part of each way Yankees. Bets placed with free bets do not qualify for the deal. You can’t cash out the wager and still get the additional winnings either. The bonus is only paid on top of profits, not the stake. Remember, all legs of the Yankee must run and win for you to receive the additional money.
At 10Bet, those customers who place Yankee bets that meet particular conditions could get 4 per cent extra winnings if the fourfold accumulator part of the system bet wins. There are some very specific terms and conditions here. This Enhanced Acca Bonus promotion applies to pre-event selections on all sports, league and competitions but with some market restrictions. With horse racing, you must take fixed odds prices (not SP) on the day of the race.
System bets like a Yankee must only include one acca bet type. Extra winnings are paid on top of existing odds on the winnings, not stakes. Each selection included must be at minimum odds of 1/2 (1.50). Yankees placed with a free bet and cashed out bets don’t qualify for this offer.
One of the Betfair Sportsbook’s Daily Rewards deals could see you net a £5 free bet when you wager on multiples including Yankees. This applies to any sport. All qualifying bets must settle within 48 hours and at least one selection in each multiple must have minimum odds of 1/2 (1.50) too. This offer can only be claimed once per day. Sportsbooks bets only as Exchange wagers don’t qualify. Cashed out bets and those placed with free bets also don’t qualify for the offer. Credited free bets expire after 24 hours.
When it comes to what is a Yankee bet in football and other sports, the answer is the same as horse racing. Yankees work in just the same way as they do with horses but there may not be an each way option. The Yankee bet definition doesn’t change. From top Premier League betting sites to Yankee bet football wagers on other competitions, the same applies to any sport.
We mean any sport too. From team events like cricket and rugby to the best tennis betting sites, the Yankee should be among your options. Sports where players compete as individuals are no different. Putting on a cross-sport Yankee with legs from different disciplines should also be available to you.
Now that you know there’s more than just a Yankee horse bet in the offing, what about gambling strategy? Sound advice can be hard to find with so many so-called experts out there online. That is where we come in at SafeBettingSites. We asked our industry pros for their top three Yankee bet tips so you can read them below:
You know whats a Yankee bet by now, but there could be value in going each way. If each leg of the wager has odds over a certain threshold – 4/1 (5.00) where place terms are a quarter and 5/1 (6.00) when they are a fifth – then you could still make profit from horses placing. Yankees aren’t immune from Rule 4 deductions or non-runners voiding selections, but this does mitigate some of the risk.
The favourite in horse racing loses on average around two-thirds of the time. You should be wary of them, then, especially including too many in a Yankee. Try and make a case against including the market leader. If there really is no negatives in their form, race conditions or the stable strike rate, then by all means include a favourite in a Yankee. Just don’t put four all in, as chances are only one will win. You don’t get anything for that in Yankees!
As you may have read on the patent bet page, perming combination and system wagers like Yankees is possible. The option comes with spiralling unit costs and total stakes, however. If these can get out of hand on a patent, then the danger is even large with Yankees. Steer clear of perming as the more selections you make, the more difficult it is to turn a profit.
You know the answer to how many horses in a Yankee bet now but how about a Super Yankee? Yes, there is such a thing. The combination and system wagers on top betting sites are many and varied. They can go by different names in different regions. You’re now going to have the Super Yankee bet explained to you:
Better known as a Canadian, the Super Yankee is another of the combination and system wagers available to punters. Canadians are neighbours of Yankees, a colloquial term for Americans in Britain dating back to frontier times. The proper Super Yankee bet meaning is just the same as a Canadian. There are 26 bets as on wager including five selections as follows:
Now, when someone asks what is a Super Yankee bet you can tell them. It is just another name for a Canadian. There is one more selection than an ordinary Yankee and plenty more combinations as a result.
As with a regular Yankee, you have the option of putting a Super Yankee on each way or perming it. Adding extra selections causes the unit stake and total outlay to multiply, though. The table below looks at all 26 permutations involved in a regular straight Super Yankee to win:
A Super Yankee bet calculator can also be found on William Hill if you use the Canadian option. This works in exactly the same way as the Yankee calculator but with one additional selection to input.
You know now how to place a Yankee bet and more besides. If asked what is Yankee bet by others, you can answer fully. The wager has its uses, pros and cons like any other. It doesn’t just apply to horse racing either, even though that is where the bet became most popular. The Yankee bet football wager is becoming ever more popular, and it’s available on other sports too.
In a straight win only Yankee, there are four selections. You can add more and this is what is known as a permed Yankee, but be aware that the total outlay on the wager increases exponentially.
It can be, so long as most or all of the constituent parts of the wager yield returns. You don't get anything if just one selection wins from a Yankee.
A Yankee is so called because the wager was popularised when pulled off by an American. Yankee is a slang term for someone from the USA dating back to the Gold Rush era.
The difference between a Yankee and a Lucky 15 is that a ucky 15 contains the four selections as win singles. Yankees don't include single bets, just doubles, trebles and a fourfold accumulator..
Ideally all four, but Yankees yield returns if just two selections win. Three selections winning sees three parts of the bet return money. If all four win, then you get the maximum returns.
Jamie Clark has worked in the sports betting and related industries for many years. A horse racing expert, he also has a passion for track and field athletics. Jamie has covered all major sporting events with a focus on gambling from World Cups to Ashes Series, Grand Slams and even the Olympics.
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