What is a Yankee Bet and How Does It Work?
A Yankee Bet is an efficient betting system that is often used in gambling and betting on sports. A Yankee Bet is composed of 11 separate bets: 6 doubles, 4 trebles and 1 four-fold accumulator. The basics of a Yankee Bet dictates that the bet should be placed on four selections with a minimum of two selections needing to win to guarantee a return.
Calculation
To calculate the potential payoff of a Yankee Bet, multiply stake (in units) by the following, corresponding to the different component parts of the bet:
- Doubles: 11
- Trebles: 10
- Four-fold: 5
For example, if the stake on the bet is 10 units:
- 6 Doubles (6 x 11): 66
- 4 Trebles (4 x 10): 40
- 1 Four-fold (1 x 5): 5
- Total Stake: 111
Therefore a 10 unit Yankee Bet would cost 111 units. If all the selections win, the return from that bet would be 111 units.
Conclusion
A Yankee Bet is a highly efficient betting system that many experienced bettors use in order to make the most of their bets on sports and other gambling activities. Despite needing four selections with two or more of them needing to win, it is still a relatively low-risk option that gives the potential to provide large returns. The return value can be calculated by multiplying the stake by the relevant numbers as shown above.
