Yankee Bet 2021: Strategy, Tips & Top Betting Sites
Normally when bettors in America hear about Yankee betting, they think of wagering on the famous baseball team. But the answer to what’s a yankee in betting can go well beyond a sports team that wears pinstripes. In this guide to the each way yankee bet, find out what’s a yankee bet and have the yankee bet explained from all angles. Sports bettors will be able to see an example of the wager, figure out how to develop a system to win, and even learn about the super yankee bet.
- Consists of four sports picks
- Those four sports picks make up 11 combination wagers
- Super yankee bet also an option
- Super yankee bet turns five picks in 26 wagers
What’s a Yankee bet?
The answer to what’s a yankee bet is relatively straight forward, as this bet consists of four selections put into 11 combinations of accumulator wagers. These combinations include doubles, trebles and go all the way to a four-leg accumulator. Due to its popularity in horse racing, don’t be surprised to see it described as a bet type reserved for horse players, although bettors can use it in football and other popular sports as well off of the horse track. This bet is similar to the trixie bet in that it relies on numbers of combinations and accumulator bets, only with one more selection and several additional wagers as a result. Here is a look at the wagers that are placed with this overall type of action.
- Six doubles
- Four trebles
- One quad
As you will see in a yankee bet example later in this guide, profitability can depend on a number of factors that bettors can use to form a yankee betting system. And bettors can also add to a selection to the wager to form a super yankee bet, comprised of five picks and 26 wagers. As you will learn, it is safe to say that this is a very flexible wager type.
How does a Yankee bet work?
Now that you understand this type of wagering action, it’s time to dig further into this type of bet. As mentioned earlier, this wager is comprised of four picks that make up 11 total bets. But bettors will want to know before placing their wager how to go about it from start to finish.
To place this bet, a bettor must first decide which four selections they are going to make to go into the doubles, trebles, and quadruple. Bettors can do this with a betting system or their own intuition. Either way, the bettor will pick out four picks to round out the system. In the event of a super yankee bet, this would be five picks.
The next step for bettors is to specify that they want to place this type of wager in their sportsbook. Once they have done that, the doubles and other multis are set up automatically. Then, they can choose how they want to set up their stake. There are two different ways to stake this bet, as is the case with similarly structured accumulator bets. Here, bettors can choose to either put a set stake amount on each of the 11 bets in the wager, or to put a set stake amount up to be divided up among all of the bets in the wager. Once that is done, bettors can finalize their wager and hope that it turned out to be profitable.
Advantages of Yankee bet
One of the best advantages to this kind of bet is the fact that it is so customizable. Bettors should know that this bet or a super yankee bet can be fully controlled by the bettor. Whether a bettor wants to follow their own betting system or wants to follow our best example above, there is no limit to what one can do with this multi-faceted type of wager. They can also choose their sports pretty broadly, from horse racing to football to anything else they want. Typically this type of bet is popular in horse racing, but horse betting is not a requirement.
Drawbacks to Yankee bet
Of course, with the there are some negatives to be had as well. Mainly, bettors can see that it often takes a high success rate for enough picks to be correct and result in a profit. In the above example of this bet, a 75% hit rate was required for the bet to return a profit. At the same time, a single bet of all four of those picks would have yielded a profit with the same number of wins, and a smaller loss if just two wins had taken place. With that said, horse racing odds are typically used in this bet to mitigate this concern that could be present in non-horse racing action.
Even with a strong betting system, this bet and super yankee bet can be difficult to profit from unless you truly do the work of calculating potential payouts ahead of time.
Example of a Yankee bet
With bettors hopefully understanding what’s a yankee bet after having the yankee bet explained in greater detail, it’s a perfect time to go over an example of this bet to reinforce what we’ve learned so far. In this yankee bet example, we are going to take four horce racing selections with odds of –110, which are odds bettors will usually see when placing spread or total wagers. In the event we are placing a super yankee bet, we would select a fifth wager to add to this equation.
In this example, our bet would need to see at least three of the four selections win in order to turn a profit. This is because the potential payout for each selection are less than optimal, whereas longer odds for each pick would result in a betting system that may only require two selections to return a profit. With all of the multi bets featured throughout these types of bets, bettors should know that they will require at least two picks to win. Otherwise it would be impossible for the multis to connect, leaving bettors to wonder what’s a yankee in betting good for.
How to calculate Yankee bet win payout
Bets are only as good as the payouts that bettors win for them, and what’s a yankee bet without a payoff at the end of it as well. Here, we’ll have the yankee bet explained in terms of how to calculate the payout possibilities before bettors place their bet. The first thing bettors will want to do is put the odds from each of their four selections, hopefully influenced by their betting system, into a yankee bet calculator.
From our previous example, this would mean putting in the four picks with –110 odds, or five picks if placing a super yankee bet. From there, bettors can enter each selection as a win or loss to see how each win or loss impacts the overall potential return on investment for their doubles, trebles, and four-leg wager. This step should become a part of a bettor’s yankee bet placement routine.
Yankee bet strategy
From a tips perspective, what’s a yankee in betting without taking chances? This each way bet tends to have the best shot at being profitable when a bettor is willing to select some components with longer odds, which can be amplified due to all of the multiple bets involved in the wager. Whereas our example would have needed three out of four correct picks to make a positive return, more aggressive odds in these bets might only require two wins.
Also, bettors should make sure that they develop a system related to the odds that they require in order to make money on the bet type as a whole. Figuring out what odds need to be played to get to the point where two wins is profitable is the ultimate goal, and can be done with some practice and deeper understanding of what’s a yankee bet got to offer bettors. And sticking with a sport that a bettor knows best is a good idea, whether it is the popular sport of football or something more niche.
Finally, after having the super yankee bet explained, bettors should be willing to add the fifth leg to the already famous form of wagering. Doing so can take an each way yankee bet and make it even more valuable.
Compare sportsbooks to find the perfect one for you
Now it’s time to put your knowledge of this wager to work. To place your own version of this wager, you will want to pick a sportsbook at which you can do so. And with our sportsbook comparison tool, you can choose the top bookmakers for you based on your unique needs, from bonus offerings to betting markets that will help you pick a sportsbook that you can use in your system wagering action. Compare sportsbooks right now and get your hands on a bonus today!