A Yankee is one of the most well-known combination bets. It is a bet with 4 selections and has 11 legs, and is very popular amongst horse racing and football betting.
You can calculate the odds of each leg of your Yankee by using a Yankee bet calculator. It will show you how much each leg will potentially return. It is possible to place an each way Yankee on horse racing events. You must double your stake, which creates two separate bets: a win Yankee and a place Yankee. Each way terms can vary, and you can normally find these below the odds for each race.
A Yankee consists of 6 doubles, 4 trebles and one fourfold accumulator. Your four selections – A, B, C and D – are multiplied together in the following combinations to give you the odds for every leg of your bet:
Fractional odds are the most commonly used odds in the UK, particularly in horse racing. However, most bookmakers give you the choice between fractional and decimal odds and a large number of players prefer the digital format. Both types of odds can be used in a Yankee bet calculator.
If you place a £1 Yankee (total stake £11) and your four selections have odds of A: 2/1 (3.00), B: 3/1 (4.00). C 5/2 (3.50), and D 1/1 (2.00), the odds and returns are as follows:
Potential returns if all four of your selections are correct is £256.50.
You do not need all four selections to be correct in order to win with a Yankee. If two of your selections are correct, you will win on one double bet. If three of your selections are correct, you will win on three doubles and one treble.
You can use a Yankee bet calculator anytime you wish to place a Yankee. It will calculate the odds and potential payouts and you can compare with other types of combination bet to see which offers you the best value for money.