Horse racing is a popular sport that offers fans the opportunity to win big when the circumstances are right. There are a number of different types of bet available to gambling fans, and each of these has its own pros and cons.

 

To help you get started, we have put together everything you need to know about placing a yankee bet – all you have to do is follow the guidelines and get ready to win!

 

What is a yankee bet in horse racing?

 

A yankee bet is a wager that consists of a total of 11 bets made across four selections in a variety of different events. One of the main advantages of a yankee bet is that you do not need all four of your selections to win before you can receive a payout, and this increases your chances of success.

 

An example of a yankee bet may look like this:

 

Horse A to win the 14:30

Horse B to win the 12:20

Horse C to win the 13:50

Horse D to win the 11:00

 

If Horse A and Horse B win, you will receive a payout on the double that they create, and horses C and D would be losers. If Horses A, B, and C win, you will be paid out on three doubles and one treble, and if all four horses win, you can expect to be paid out on six doubles, four trebles, and one four-fold created by the selections that you have chosen.

 

As you can see, a yankee bet therefore massively increases your chances of a successful outcome and can boost the possibility of a payout thanks to a positive result. The overall combined win can also be very generous with this type of bet.

 

The main advantage of a yankee bet is that it means you are guaranteed a payout when you are almost right – there is no need to be totally right in order to enjoy success.

 

What are the downsides of a yankee bet?

 

The downside of a yankee bet is that you are required to place the same stake on the different multiples that are included in the bet – all of the amounts staked must be the same. This can reduce the flexibility, and means that you may risk making less money than you might with a straight accumulator.

 

In addition, you will need to ensure that your original stake is multiplied by a total of 11 in order to cover all bets. It can be quite time-consuming to place a yankee bet, as you will need to take time to calculate all of the possible scenarios to calculate the potential payouts.

 

Your next steps

 

Now that you understand the basics of placing a yankee bet, you might decide it is time to put your learning into action at one or several of the various British horse racing fixtures in 2022, including here at Newbury Racecourse. There are plenty of opportunities to put your skills to the test when it comes to all aspects of horse racing betting.