Yankee Betting Term Meaning
A Yankee is a combination bet which uses four selections spread across 11 separate bets.
It consists of six doubles, four trebles and one four-fold accumulator. As there are no single bets in a Yankee, you need at least two winning selections to get a return, although it depends on the odds of your winning bets as to whether that return will be a profit or not.
A Yankee is very similar to a Lucky 15. This bet also has four selections but it covers 15 bets with the four singles also being included. After getting to grips with the Yankee, you can step up to the Super Yankee which covers 26 bets across 5 selections.
How to place a Yankee bet
Placing a Yankee bet couldn’t be easier for online punters with the automated systems bookmakers use. The hardest part is choosing four selections that you believe are going to win. As an example, below are our four football picks. All you need to do when betting online is click the odds of each selection and it will be added to your bet slip.
Real Madrid to win vs Valencia
Napoli to win vs Empoli
Tottenham to win vs Crystal Palace
AS Roma to win vs Fiorentina
Everything will be in your bet slip now so find the Yankee header and stake the bet. The stake you insert is an amount per bet; therefore, the total cost of the wager will be 11 times that. The bets are organised like this (note, the combination numbers relate to the Bet no. given above):
Doubles (6 bets)
1x2, 1x3, 1x4, 2x3, 2x4, 3x4
Trebles (4 bets)
1x2x3, 1x2x4, 1x3x4, 2x3x4
Four-fold (1 bet)
Calculating a Yankee bet payout
Your betting platform rarely provides a return amount for combination bets due to the number of possible outcomes. To find out what you stand to make, you can use a betting calculator - most sportsbooks have one of these - or get a pen and paper out and do it the old-fashioned way.
2.35 x 1.60
2.35 x 1.45
2.35 x 2.00
1.60 x 1.45
1.60 x 2.00
1.45 x 2.00
2.35 x 1.60 x 1.45
2.35 x 1.60 x 2.00
2.35 x 1.45 x 2.00
1.60 x 1.45 x 2.00
2.35 x 1.60 x 1.45 x 2.00
With the return from each of the 11 bets known, you can work out the possible returns you’d get, for instance:
If bets 2 and 4 won = 1 double (2x4) = 3.60
If bets 1, 2 and 4 won = 3 doubles (1x2, 1x4, 2x4) and 1 treble (1x2x4) = 18.68
If all four bets won = 55.62
Calculations based on 1 betting unit. I.e. £1 stake per bet (£11 total bet) = £55.62 return
Why place a Yankee bet?
Our Yankee was made up of betting favourites with relatively low odds and yet the potential payout was still reasonable. What punters like is that Yankees return more than single bets but are far less risky than a four-fold accumulator. You have the option of adding one longshot on to your slip to boost up your returns while knowing if it doesn’t win, you will still break even on the other bets.