what is a yankee in betting terms? 🤔

Read every word of this short guide to give yourself the maximum chance of success! 🤝

Our expert team here at BetWithout.online wants to ensure that you are aware of popular betting strategies that are used throughout the world. The Yankee bet is popular in the United Kingdom and other countries too.

In this post, we will explain what a Yankee bet is, the different types of Yankee bet and some helpful tips to help you to win more Yankee bets. It is very satisfying to win with a Yankee bet and the returns can be significant. They are not easy bets to win, so please read every word of this short guide to give yourself the maximum chance of success.

The Yankee bet defined

With a Yankee bet, you will need to make four selections. If each of your selections is successful, you will win the entire bet. It is also possible to get a return on a Yankee bet if only two of your selections are winners. You should at least get your money back on your stake. Predicting three or all four winners will usually always see good returns.

The reason that a Yankee bet is so powerful is because of the number of bets that it contains. Here are the different bets that you will be placing with a Yankee bet:

  • An accumulator of all four of your selections
  • 4 trebles (three winners sometimes called a “triple”)
  • 6 doubles (applied to two of your selections at a time)

You will see that this is 11 bets altogether. Here is a breakdown of each of the different bets of a Yankee:

Let’s say that you have placed a Yankee bet on four different football teams to win their matches. We will call these teams A, B, C, and D. You will get one accumulator bet with your Yankee that will consist of all four selections if they are successful. So, your accumulator will be teams A, B, C, and D.

If you don’t know how an accumulator works, it takes the winnings from the first selection and places them on the second selection and so on. For example, if you placed a $1 Yankee bet your accumulator would be a $1 bet on team A, the winnings from this bet placed on team B, the winnings from this placed on team C, and finally the winnings from this placed on team D.

With all of the accumulated winnings rolling over to the next team, you can understand why the Yankee is such a popular bet. Some gamblers have won thousands by successfully predicting winners for a Yankee bet.

The three trebles also work on an accumulator basis, and the configuration for these trebles is as follows:

  1. Team A, Team B, and Team C
  2. Team A, Team C, and Team D
  3. Team B, Team C, and Team D

All of the doubles in a Yankee bet also work on the accumulation principle. Here are the six combinations:

  • Team A and Team B
  • Team A and Team C
  • Team A and Team D
  • Team B and Team C
  • Team B and Team D
  • Team C and Team D

As you can see, there are different accumulator bets with a Yankee. This is why a successful Yankee bet can win you a significant amount of money. It all sounds good, but you need to know that landing successful Yankee bets is not easy to do.

What sports are best for Yankee bets?

You can place a Yankee bet on any four selections from any sport but the most popular are horse racing and football (soccer). For a horse racing Yankee, you need to make 4 selections from different races, such as the Punchestown Gold Cup or the Kentucky Derby.If you want to place a Yankee bet on football, you need to select 4 different teams from different matches.

With football match Yankees you can use different types of bets. For example, you can go for outright bets (home win, away win, or draw), both teams to score, under and over goals, first goal scorer and others.

Win Yankees and each way Yankees

You can go for a win Yankee or an each way or “place” Yankee. The win Yankee is the easiest to understand. There are four selections made and your doubles, trebles and accumulator are dependent on the number of winners that you have.

If only two of your selections are winners, you will only have one double available. When you have three winners then you will have two doubles and one treble. Only if all four of your selections win will you get all 11 bets of your Yankee up. Your Yankee bet is a loser if only one selection wins or none of them do.

With an each way or place Yankee in horse races you can make selections based on them coming in the first three places (the number of runners in a race will determine the place bets that are available. An each way Yankee will cost double that of a win Yankee because you are effectively going for 22 bets instead of 11.

The benefit of an each way Yankee is not all of your selections need to win. If all of your selections get placed then you will still have your 6 doubles, 3 trebles and your accumulator. Sometimes, you may have some winners and some selections placed. This will provide a greater return on your each way Yankee bet.

Remember that if a selection gets a place rather than a win, the odds will be shorter. This is usually a fifth of the odds but can be a quarter of the odds. So, if the starting price of a horse was 10/1 and it finishes second for example, the odds you will get will be 2/1.

Many online bookmakers will accept Yankee bets. You can even find bookmakers that will accept Yankee bets over the telephone where you don’t need an Internet connection. Most gamblers prefer to bet online without calling.