A Yankee is a type of combination bet that involves four selections across different events. The Yankee consists of 11 separate bets: 6 doubles, 4 trebles, and a four-fold accumulator. For a return to be yielded from a Yankee bet, at least two of the four selections must be successful. Yankee bets are popular in sports like horse racing and football, offering bettors the chance to secure returns even if not all their picks are successful, while still offering the potential for high returns if all picks come in.
Why is it called a “Yankee”?
The origins of the name are not definitively documented. Some believe the bet was named after the American soldiers (Yankees) introduced a similar betting structure during World War II in the UK, but there’s no solid evidence to support this theory.
How is the payout for a Yankee bet calculated?
The payout depends on the odds of the selections that win and the stake placed on the bet. Since there are 11 separate bets in a Yankee, if you place a bet of $1, the total stake would be $11. Each winning double, treble, or accumulator will have its own return based on the odds of the included selections.
How does a Yankee differ from a Lucky 15?
While both bets involve four selections, a Lucky 15 consists of 15 bets: 4 singles, 6 doubles, 4 trebles, and a four-fold accumulator. The primary difference is the inclusion of the four single bets in the Lucky 15, which increases the total number of bets and the stake.
Are Yankee bets risky?
Yankee bets spread the risk across multiple combinations, which means bettors can still get returns even if one or two of their selections don’t win. However, for significant profits, the majority of selections need to be successful, and there’s a risk of losing the entire stake if fewer than two selections win.
Can I place a Yankee bet on any sport?
Yes, while Yankee bets are popular in horse racing and football, they can technically be placed on any sport where multiple events are available for betting. The key is to have four selections to include in the bet.