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Betting Explained: What is a Yankee?

What is a Yankee bet?

A Yankee is a bet where four selections are combined to make 11 total bets, and works the same as a Lucky 15 without the singles.

A Yankee is comprised of six doubles, four trebles and one four-fold.

Horse Racing

Why should I place a Yankee bet?

A Yankee gives you the opportunity to place a four-fold bet whilst still getting returns if one or two of your selections loses, as opposed to a regular four-fold bet, where all selections must win (or place if placing an each-way bet).

How to place a Yankee bet

To place a Yankee, add four selections to your bet slip and select 'show more multiples', then enter your stake into the Yankee box and place your bet.

How does a Yankee bet work?

A Yankee bet is 11 bets combined in one and is comprised of six doubles, four trebles and one four-fold.

If we take the below selections, you can see the odds breakdown of each part of a Yankee.

Team A @ 7/4
Team B @ 5/2
Team C @ 2/1
Team D @ 5/2

With these four selections, your 11 combinations would be:

  1. Team A + Team B double: 8.62/1
  2. Team A + Team C double: 7.25/1
  3. Team A + Team C double: 8.62/1
  4. Team B and Team C double: 9.5/1
  5. Team C and Team D double: 9.5/1
  6. Team B and Team D double: 11.25/1
  7. Team A, Team B + Team C treble: 27.88/1
  8. Team A, Team B + Team D treble: 32.69/1
  9. Team A, Team C + Team D treble: 27.88/1
  10. Team B, Team C + Team D treble: 35.75/1
  11. Team A, Team B, Team C + Team D four-fold: 124.19/1

As shown in the above example, you only need two winners out of four in order to receive a return, and depending on which two selections win (in the above, if only Team B and Team D win, your returns would be £12.25 from an £11 total stake), you can even make a profit despite half your bets losing.

You're also guaranteed a profit in the above example if you only have one loser.

How do each-way Yankee bets work?

The only difference for an each-way Yankee bet is your total stake will double to cover the place part of each bet.

For example, if you have a £1 win only Yankee, your total stake will be £11 and if you have a £1 each-way Yankee, your total stake will be £22.

This essentially acts as two separate Yankees; a win-only Yankee and a place Yankee.

If one of your selections wins and another selection places, you'd be paid out for the winning place double (all 11 win bets would be settled as losers).

If one selection wins and the other three place, you'd be paid out as a loser on all 11 win bets, but a winner on all 11 place bets.

If two selections won and another placed, you'd have one win double, a place treble and three place doubles all settled as winning bets.

Best sports to place a Yankee bet on

You can place a Yankee on a whole variety of sports, though horse racing is perhaps the most popular due to the larger odds involved and the chance of a return even when backing a losing selection.

Similarly you could place a Yankee on the weekend's football, and as demonstrated in the example above, receive returns even when one selection - or potentially two - loses.

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