how does a yankee bet work in horse racing

A Yankee bet in horse racing is a type of multiple bet that involves four selections in four different races. It consists of six doubles, four trebles, and one four-fold accumulator. If any of your selections win their respective races, you will receive a payout. However, all four selections must win for you to win the full amount of the bet. The Yankee bet is a relatively low-risk bet with a high potential return, making it a popular choice for many horse racing bettors.

What is a Yankee Bet?

A Yankee bet is a type of multiple bet in horse racing that consists of 11 bets on four selections. It is a popular bet type because it offers a high potential return for a relatively small stake.

Yankee Bet Structure

A Yankee bet is made up of the following 11 bets:

  • 6 doubles
  • 4 trebles
  • 1 fourfold

The stake is divided equally between each of the 11 bets, so if you place a £10 Yankee bet, each bet will be worth £1.

How to Place a Yankee Bet

To place a Yankee bet, you need to select four horses. You can do this by visiting a bookmaker’s shop or by using an online betting site.

Once you have selected your horses, you need to specify the stake that you want to place. The minimum stake for a Yankee bet is usually £1.

Once you have placed your bet, you will need to wait for the races to be run. If all four of your selections win, you will win the Yankee bet.

Yankee Bet Payouts

The payout for a Yankee bet depends on the odds of the horses that you select. The higher the odds, the higher the potential payout.

The following table shows the potential payouts for a Yankee bet with different odds:

OddsPayout
1/1£11
2/1£22
3/1£33
4/1£44
5/1£55

Horse Selection

A Yankee bet in horse racing involves four different horses in four different races. To win the bet, all four horses must either win, place, or show (depending on the specific bet type you choose). For example, if you choose a “win” Yankee bet, then each of your horses must win their respective race. If any of your horses fail to win, place, or show, you lose the bet.

Wagering

When you make a Yankee bet, you are actually placing multiple bets. The number of bets depends on the specific bet type you choose. For example, a “win” Yankee bet involves six bets, while a “place” Yankee bet involves 11 bets. The total stake for your Yankee bet is the sum of the stakes for all of the individual bets.

Example Yankee bets
Bet TypeNumber of BetsTotal Stake
Win6$12
Place11$22
Show24$48

The potential payout for a Yankee bet depends on the odds of each of your horses and the specific bet type you choose. If all of your horses win, you will win a large payout. However, if any of your horses fail to win, place, or show, you will lose your entire stake.

Yankee Bet

A yankee bet is a horse racing wager that consists of 11 bets on four selections in different races. It combines four doubles, six trebles, and four four-folds.

To place a yankee bet, you must select four horses, one in each of four different races. Each horse must be assigned a stake, and your total stake will be the sum of the stakes for each horse.

If all four of your horses win, you will win all 11 bets and receive a large payout. However, even if only one or two of your horses win, you may still win some of your bets and receive a smaller payout.

Payout Calculations

The payout for a yankee bet is calculated as follows:

  • If all four horses win, you will win all 11 bets and receive a payout of: (Stake x 11) + stake
  • If three horses win, you will win six trebles and receive a payout of: (Stake x 6) + stake
  • If two horses win, you will win four doubles and receive a payout of: (Stake x 4) + stake
  • If one horse wins, you will win the single bet on that horse and receive a payout of: (Stake x 1) + stake
Number of WinnersNumber of Bets WonPayout
411(Stake x 11) + stake
36(Stake x 6) + stake
24(Stake x 4) + stake
11(Stake x 1) + stake

Yankee Bet Explained

A Yankee bet combines four selections (horses) in four different horse races. It consists of 11 individual bets: six doubles, four trebles, and one four-fold accumulator.

The stake is divided equally across all bets, so if you place a £1 Yankee, each bet will be worth 10p.

Advantages of a Yankee Bet

  • It gives you multiple chances to win from just four selections, increasing your potential winnings.
  • It’s a relatively low-cost bet, as only a small stake is required for each individual bet.
  • It can be used to cover multiple permutations of your selections, increasing your chances of success.

Disadvantages of a Yankee Bet

  • To win anything, all four selections must place, which can be challenging.
  • If even one selection fails, you will lose the entire stake.
  • It can become expensive if you place multiple Yankee bets with different selections.

Yankee Bet Table

The table below shows the different bet types included in a Yankee bet and the potential payouts.

Bet TypeNumber of BetsPayout if All Selections Win
Double6Double the stake for each winning double
Treble4Treble the stake for each winning treble
Four-fold Accumulator1Multiple all four stakes together

Well there you have it, folks! Now you know the ins and outs of Yankee bets and how they can help you cash in big at the track. Remember, it’s all about combining four selections into a single bet and hoping they all come through. So next time you’re at the races, give the Yankee bet a try. You might just be surprised at how rewarding it can be. Thanks for reading! Be sure to come back and visit us again soon for more horse racing tips and advice.