TOTAL BONUSES:

{{currentCountry.code}}

Change your location

{{ c.title }}

Yankee Bet | What is a Yankee Bet and How Does a Yankee Bet Work?

A Yankee bet is just one of the many ways that you might choose to bet online. Yankee sports betting can cover many markets, and like most betting terms, we have got a betting guide for you which should help you understand the basic ins and outs of how it works.

If you are wondering, what is a Yankee bet? Allow our guide to help you grasp the intricacies of it all. Ideally suited for horse racing, but commonly used for other gambling forms, Yankee bets can sometimes be complicated. However, with our guide, we will get you up to speed in no time. With that in mind, let us begin…

What is a Yankee bet?

Do you want to have a Yankee bet explained to you? If you are wondering what is a Yankee bet, and are looking for a Yankee bet definition, you’ve come to the right place.

Yankee bets are essentially multiple bets, rolled into one. Assuming you know how to place a bet, the next part should be straightforward. Yankee betting involves a four-selection wager. It consists of eleven bets in total, namely six double bets, four treble bets, and a four-fold accumulator bet, to form a single bet.

As mentioned, Yankee bets regularly occur in horse racing. A Yankee bet in horse racing can involve Each Way bets, or straight up to win bets. You do not have to slap down bets solely on the Cheltenham Festival and other UK horse racing betting fixtures, though. What is a Yankee bet in football? Again, a bet involving four different selections. Profitable football betting, dog betting and many other sports can be used to place Yankee bets.

🥇 Best bookmakers to place Yankee bets [2021]

Rank
Bookmaker
Bonus
YANKEE BET OPTION
Rating
Get Started
1
Exclusive: 100% up to €130
Use Promocode: GJBET
Available
Rating 9.90 out of 10
2
100% up to €122
Available
Rating 9.81 out of 10
3
100% up to €100
Available
Rating 9.54 out of 10
4
100% up to €100
Available
Rating 9.25 out of 10
5
BET €10 GET €30
Available
Rating 9.20 out of 10
6
Up to $/€ 30 in Free Bets
Available
Rating 9.17 out of 10
7
100% up to €50
Available
Rating 9.16 out of 10
8
Up to 7 BTC
Available
Rating 9.06 out of 10
9
BET €10 GET €30
Available
Rating 8.88 out of 10
10
Up to $/€ 30 in Free Bets
Available
Rating 8.82 out of 10

Yankee bets explained simply

Generally, Yankee bets must follow these rules:

  • At least two selections must win for any bet to win
  • You cannot bet on multiple outcomes on the same event
  • All bets must consist of 6 double bets, 4 treble bets, and a four-fold accumulator
  • The total value of your wager will always be multiplied by eleven times your original stake

Below, you will find a popular example of this multiple combination bet. As you can see, it covers several selections. This example does not showcase Each Way bets, but they work in relatively the same way. The potential return is determined by the odds you select. To bag any winnings, you only need two selections to win. 

Section

Selections (1-4)

Number of Bets

6 Doubles
Selections (1-4)
1-2, 1-3, 1-4, 2-3, 2-4, 3-4
Number of Bets
6
4 Trebles
Selections (1-4)
1-2-3, 1-2-4, 1-3-4, 2-3-4
Number of Bets
4
Four-fold Accumulator
Selections (1-4)
1-2-3-4
Number of Bets
1
Selections (1-4)
Total number of bets:
Number of Bets
11

How to place a Yankee bet online

The best way of teaching is showing, and that is true if you want to learn how to place a Yankee bet. If you stick to the Yankee bet rules (detailed above), and you have a rough idea of how to bet on horses, then the answer to how does a Yankee bet work should make sense to you. Let us introduce you to our Yankee bet example.

Horse racing is one of the most popular types of sports betting at the biggest bookmakers in the UK, so we are going to use that for our example. Let us pretend that you want to play a William Hill Yankee bet. You want to bet on:

  • Horse A to win Race 1
  • Horse B to win Race 2
  • Horse C to win Race 3
  • Horse D to win Race 4

Here is how the bet is placed:

Step 1
Add all four horses to win their respected events to your betting slip
Step 2
Hit the “Multiple Bet” option on the betting slip
Step 3
At William Hill, there will be options to place Each Way (E/W) and Yankee bets. Check the box for the latter
Step 4
Enter your stake. Remember, whatever stake you select will be multiplied by eleven. If you opt for the Each Way bet, too, it rises to 22x your stake
Step 5
Provided the odds are not SP (Starting Price), William Hill’s betting slip will calculate your potential return
Step 6
Confirm your bet. Now you simply need to wait and hope that at least two of your selections come good in their respective races

Calculating Yankee bet stakes and winnings

Calculating your winnings can be tricky with combination bets. To save time, we recommend using a Yankee bet calculator. A Yankee bet return calculator will rapidly tell you what you can earn from each bet you make. This is ideal, as you will want to know the potential Yankee bet payout prior to making your predictions. You can opt to do the Yankee bet breakdown yourself, but why overcomplicate things?

If two of your horses win (let us say Horse A and B), you will receive a payout on the double between those horses. If three horses win (Horses A, B and C), you will receive winnings on three doubles, and a treble bet. If all four wins (Horses A, B, C and D), you will receive a payout on six doubles, four trebles and the four-fold accumulator. If any less than two horses win, you will not land a profit.

At most bookmakers you can see your potential return calculated automatically, if all horses win, when you enter your stake. This is the case though only when the odds are not SP (Starting Price)

Yankees vs. Lucky 15s explained

You should now know the Yankee bet meaning, and how the bet works. However, you may sometimes have heard that Yankee bets and Lucky 15 bets are the same. They are not. The difference between the two is that Lucky 15 bets include four single bets, as you can see below:

Yankee Bet

Lucky 15 Bet

Super Yankee Bet

Number of Selections
Yankee Bet
4
Lucky 15 Bet
4
Super Yankee Bet
5
Number of Bets
Yankee Bet
11
Lucky 15 Bet
15
Super Yankee Bet
26
Bet Structure
Yankee Bet
6 Doubles: 1-2, 1-3, 1-4, 2-3, 2-4, 3-4
4 Trebles: 1-2-3, 1-2-4, 1-3-4, 2-3-4
1 Four Fold Acca: 1-2-3-4
Lucky 15 Bet
4 Singles: 1, 2, 3, 4
6 Doubles: 1-2, 1-3, 1-4, 2-3, 2-4, 3-4
4 Trebles: 1-2-3, 1-2-4, 1-3-4, 2-3-4
1 Four Fold Acca: 1-2-3-4
Super Yankee Bet
10 Doubles: 1-2, 1-3, 1-4, 1-5, 2-3, 2-4, 2-5, 3-4, 3-5, 4-5
10 Trebles: 1-2-3, 1-2-4, 1-2-5, 1-3-4, 1-3-5, 1-4-5, 2-3-4, 2-3-5, 2-4-5, 3-4-5
5 four-fold Accas: 1-2-3-4, 1-2-3-5, 1-2-4-5, 1-3-4-5, 2-3-4-5
1 five-fold Acca: 1-2-3-4-5
Winning Return
Yankee Bet
All 3 selections must win
Lucky 15 Bet
At least 2 selections must win
Super Yankee Bet
At least 1 selection must win

Should you play with a Yankee bet or Lucky 15 wager? If you favour playing with smaller odds, then the Yankee bet is superior. However, for those who like to bet with bigger odds, then the Lucky 15 is ideal. At the same time, you could go one further and place a Super Yankee bet, also known as a Canadian bet. This involves twenty-six bets over five events, including ten doubles, ten trebles, five four-folds and a five-fold accumulator.

Other similar bets would be: the Lucky 31 bet, Lucky 63 bet, Heinz bet, Super Heinz bet.

Top tips for wagering with Yankee bets online

Before placing Yankee bets online, you may wish to consider the following Yankee bet tips:

Tip

👉 You do not need to learn how to work out a Yankee bet. There are calculators which will do that for you.

👉 There is not really a good Yankee bet strategy out there. Tipsters can point you in the right direction regarding their NAP of the day, or NB bet or even system bets, but they can only do so much. Do not expect a guaranteed way to bag wins with a certified Yankee bet system. We explain more about a tipsters daily predictions, such as the NAP or NB in horse racing, in our “What does nap mean in betting?” article.

👉 You can use a Yankee bet in football, to wager on wins, draws, losses, anytime scorers or anything else. 

👉 Each-way betting with Yankee bets is possible. However, you will be multiplying your total bet by 22 and not 11, as you are backing all those bets twice.

👉 Similarly, using the Trifecta box on a betting slip is possible with Yankee bets, but will again see your bets multiplied. But if you want to know how much is a 50 cent trifecta box in 2021, you can read our 2021 updated article. 

The pros and cons of Yankee betting

Are there any pros and cons of Yankee betting? We think so, and they include:

PROS

  • Yankee betting is ideal for short odds wagering
  • Yankee bets can be used to place larger, Alphabet bets
  • Yankee bets can be used across many types of sports
  • You only need two selections to win

CONS

  • Not as easy and basic to grasp as Parlay betting
  • Yankee bets are not ideal for long odds wagering

FAQs: Your questions on Yankee bets answered

If you still have questions about Yankee bets, let us see if we can help you out with this handy FAQ (frequently asked questions) guide.

There are eleven bets in total. Expect to see six doubles, four trebles and a four-fold accumulator in place with these bets.

To pocket any sort of prize, you need to land at least two selections. However, you can bag more impressive prizes if three or even four of your selections come good.

A typical Yankee bet will cost whatever unit you decide will be your stake, multiplied by eleven. In this case 11 x 0.50 = 5.50. A 50p Yankee bet will cost you £5.50. An Each Way Yankee bet will cost you then £11 (multiply your stake by twenty-two: 0.50 x 22 = 11)

Each Way Yankee bets work identically to standard Yankee bets. However, remember that with an Each Way bet, you are effectively betting on each option twice; therefore, you can expect to double the cost. Naturally, you improve your odds of success, too.

If your Yankee bet has a non-runner, your eleven bets will still be played out. One double winner and a non-runner result in a single winning payout. However, two treble winners and a non-runner, or three winners in your four-fold accumulator and a non-runner will result in payouts of double or treble what two or three winners would create, respectively. Pay attention that odds will also as the betting Rule 4 will apply because of the non-runners.

Most bookmakers offer Yankee bets, but few of them are prepared to give you bonuses for making them. However, it is worth looking around, as you never know what you might stumble across.

Use Yankee bets when betting online today

Now that you know what a Yankee bet is, and how it works, perhaps it is time to try it out? Yankee bets can also be used in an Alphabet bet alongside Patent bets, and you can find out about those right here at our website. Similarly, you may also want to try forecast bets and reverse forecast bets. If you are content with staking money on Yankee bets alone for now, head over to our low stakes betting sites to find somewhere ideal to play today.