For many people, horse racing is the ultimate betting sport. There is nothing quite like the thrill of watching a horse race and placing a bet on the outcome. Of course, horse racing betting is not without its risks. In order to be successful, you need to have a good understanding of the sport and the different factors that can impact the outcome of a race. However, if you are willing to take the time to learn about horse racing betting, it can be an extremely rewarding experience. With a little bit of knowledge and some strategic planning, you can make a profit from horse racing betting.
A Yankee bet is a combination of four different bets which are all placed on different selections. The bets included are two doubles, a treble and an accumulator. All of the bets included must be successful for the overall Yankee bet to be successful.
The aim of using this type of bet is to try and increase your potential winnings by backing several selections at once. The main issue with this type of bet however is that it can become very expensive, very quickly!
How Does a Yankee Bet Work?
As we’ve already established, a Yankee bet is made up of four different bets; two doubles, a treble and an accumulator. Let’s break each one down so we can see how they all work together to form the Yankee.
– A double is two separate bets placed on two different selections. Both selections must be successful for the double to be successful.
– A treble is three separate bets placed on three different selections. All three selections must be successful for the treble to be successful
– An accumulator is four (or more) bets placed on four (or more) selections. All four selections must be successful for the accumulator to be successful
– So, as you can see, all four bets placed as part of the Yankee must come in for you to receive any winnings.
Yankee Bet Calculator
Before placing any kind of bet, it’s always important to know exactly how much money you could potentially win (or lose). Fortunately, there are plenty of online calculators which will work out your potential winnings for you based on the odds of your selections and the amount of money you stake. Just enter in the odds and your stake amount and the calculator will do the rest!
For example, let’s say that you’re looking at placing a £10 Yankee bet on four horse races with the following odds:
Selection 1 – 2/1
Selection 2 – 4/5
Selection 3 – 7/2
Selection 4 – 9/4
Your total potential winnings from this Yankee would come to £322.50 if all four horses won their respective races. However, should just one selection lose then your entire Yankee would lose as well, resulting in a loss of your £10 stake money.
Conclusion: A Yankee bet can potentially result in some huge winnings but it’s also very risky! If you’re thinking about placing a Yankee then make sure you use a calculator first to work out your potential winnings (or losses). Good luck!