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Yankee Bet Meaning - What Is A Yankee Bet?

Yankee Bet

When betting on sports, there are so many different types of bets you can make. One of the more unique bets is the Yankee bet. The Yankee bet is a complex bet that uses a multiple bet system.

If you want to learn more about this special bet, read on! In this Wizard Slots blog post, we'll discuss what a Yankee bet is and whether it can be worth it.

What Is A Yankee Bet? 

A Yankee bet is a multiple bet that allows gamblers to place multiple bets at the same time. It's quite a skilled bet to use, so this is one to avoid if you're a beginner. In total, the Yankee bet requires 11 bets from 4 selections. From the 4 sections available, you can make the following bets; 6 double bets, 4 treble bets and 1 four-fold accumulator bet.

Can You Do An Each-Way Yankee Bet? 

Yes, it is possible to make an each-way Yankee bet. When you place an each-way Yankee bet, this will double the number of bets, meaning you will now have 22 bets. Additionally, your initial stake will double. So, if you placed a bet of £1 Yankee bet, it would total £11, and making it an each-way bet would bring the total to £22.

What's The Difference Between A Yankee Bet & Lucky 15?

There are a few differences between a Yankee bet and Lucky 15 bet. Both of these bets use a multiple bet system; however, the number of bets is different. A Yankee bet requires 11 bets, while a Lucky 15 bet requires 15 bets. 

A Lucky 15 and a Yankee bet have similar betting options. You can make double bets, treble bets and four-fold bets. However, the Lucky 15 bet is different, as single bets can also be made. 

Are Yankee Bets Worth It? 

There are many reasons gamblers choose the Yankee bet. For some, the Yankee bet is worth it as it is unique and offers a high potential payout. The significant number of bets means that you are more likely to make a positive return. Even if one of your bets doesn't win, you have other bets.

While there are pros to Yankee bets, there are a few cons. For example, a Yankee bet requires a higher stake. This means you are likely to lose more money. The profit margin for the Yankee bet can also be significantly smaller compared to other bets. Lastly, the Yankee bet is quite complex and only suitable for a few gamblers. You may even need to use a Yankee bet calculator to calculate your potential winnings!