Unless you are a complete whizz, our Yankee bet calculator is an essential tool for those of you who like placing this type of bet. Why? Because it can display the potential return and profit for your bet instantly.
Yankee bets are a staple for horse racing bettors. You need to select four horses running in different races, add them to your betslip, then choose Yankee from the sportsbook’s multiple bet options. Your stake is then split across 11 equal wagers consisting of six doubles, four trebles, and one fourfold accumulator. To get a return, two selections must win.
Although for newcomers a Yankee bet might appear pretty complex, using our Yankee bet calculator is simplicity itself. All that you need to do to use it, is to enter the odds for your four selections, plus your stake amount, either as a total, or per betting line.
Once that’s done, you just need to click “Calculate” to display your potential payout and profit. Then if you want, you can play around with different stakes to see how they would affect your payout.
Winning combinations
By default, our Yankee bet calculator will show your potential payout if all four selections win. However, by using the drop-down menu, you can check what would happen if one or more of your selections is a non-runner, or if a race ends as a dead heat, the latter being a rare occurrence.
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Extra functions
In addition to the essential functions, our Yankee calculator includes extra conditions that you can apply to your Yankee bet. The most popular option being to make it an each way bet, but you can also include Rule 4 outcomes, the latter being applied if another horse in the race is withdrawn shortly before the start.
Inputs
Here is some more information about the required inputs:
Odds
- The odds for each of your four selections in fractional, or decimal format.
Stake
- You can either enter your total stake, or the amount you want to bet on each part. Bear in mind there are 11 bets in a Yankee, so your total stake will be 11x the bet amount you have entered if you go for the latter option.
The odds and your stake are essential when using our Yankee bet calculator. However, you can also make use of the following options:
Each way
- You can also make your Yankee an each way bet, but remember that your total bet amount will double to cover the place bets, making 22 bets in total.
Show Rule 4
- If you activate this, it will show the adjusted odds if one or more horses (other than your selection) doesn’t run in the race.
Outputs
Although this is a more complex system bet, the outputs you’ll see displayed are consistent with most of our other betting calculators:
Total outlay
- The total cost of your bet. Note that if you entered a total stake amount that cannot be divided by 11, the total will be rounded down, so a $100 total stake would become $99.99, or 11 x $9.09.
Total return
- By default, this is the total amount you’ll receive if all of your selections win.
Total profit
- As above, but minus your original stake.
A step-by-step guide to using our Yankee calculator
Play around with the bet amount, or add optional features, to see how your potential return and profit are affected.
Example: The Yankee bet calculator in action
To give you an example of how this calculator works in action, we’re going to go across the pond and select four horses running at the Cheltenham Festival:
Ballyburn - 4/7
Fact to File - 10/11
Minella Indo - 15/8
Sa Majeste - 6/1
Here’s how you would input those in the calculator:
Outcome
Odds
1.
Winner
4/7
2.
Winner
10/11
3.
Winner
15/8
4.
Winner
6/1
With a $1.00 per bet stake, this is what would be displayed:
Total outlay
Total returns
Total profit
$11.00 (11 x $1.00 bets)
$217.54
$206.54
As we explained earlier, a Yankee bet pays out if at least two of your selections win. To give you a quick example of this, here’s how the above would pay out were Minella Indo to lose, but the other three horses win:
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A Yankee bet requires you to select four horses from four different races. It is placed as one bet, that contains 11 equal bets covering various outcomes:
6 x doubles
4 x trebles
1x fourfold accumulator
Although this may appear complicated, all you have to worry about is picking four horses from four races. Win or lose, the betting combinations will take care of themselves.
Here you can find all of the possible outcomes for
Yankee betting explained
using our earlier example:
Ballyburn - 4/7
Fact to File - 10/11
Minella Indo - 15/8
Sa Majeste - 6/1
6 x doubles - Possible outcomes
Ballyburn + Fact to File
Ballyburn + Minella Indo
Ballyburn + Sa Majeste
Fact to File + Minella Indo
Fact to File + Sa Majeste
Sa Majeste + Minella Indo
4 x trebles
Ballyburn + Fact to File + Minella Indo
Ballyburn + Fact to File + Sa Majeste
Fact to File + Minella Indo + Sa Majeste
Minella Indo + Sa Majeste + Ballyburn
1 x Four-fold accumulator
Ballyburn + Fact to File + Minella Indo + Sa Majeste
Why our Yankee bet calculator is useful
Here are the top five reasons why this calculator is not only useful but essential:
It does the math for you
The math behind a Yankee bet is almost impossible to calculate on your own, therefore it’s essential to use our calculator to assess your return and profit accurately.
Decide on your bet amount
You can either enter your total stake, or you can calculate using a per bet amount - which is the better option if you want to play around with your bet to see what works best for you.
Calculates your potential payout
As well as displaying the cost of your bet, the main purpose of this calculator is to tell you how much you’ll receive in terms of total payout and profit.
Covers all outcomes
You can change the settings in the calculator to cover all potential outcomes, including one or two of your horses losing.
Additional settings and features
You can customize your Yankee bet as much as you want here, by adding extras like the each way option or showing the effects of Rule 4.
What other calculators are available here at PromoGuy
There are many other betting calculators to make use of here at PromoGuy, covering general sports betting as well as specific sports like horse racing. For example, the strategists among you might want to check out our Kelly Criterion calculator.
At a more basic level, our odds, results, and moneyline calculators are vital companions for bettors of all experience levels. Take a look at the list below and test ‘em out for yourself:
All of our free betting calculators at the PromoGuy
At the end of the day, a Yankee bet doesn’t need to be complicated at all. Sure, there are a lot of complex calculations behind it, but you don’t have to worry about those. With our calculator, all you need to do is provide us with the odds for your four selections and your stake. Our technology will take care of the rest at the click of a button.
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A Yankee bet is a system bet that combines 11 equal bets in one wager. For example, if you stake $1.00 per bet line, your total stake would be $11.00. However, calculating your potential profit is tricker, which is why we recommend using the Yankee bet calculator here at PromoGuy.us.
🔎 Are Yankee bets worth it?
A Yankee bet can be worthwhile if you think at least two of your selections have a good chance of winning. Moreover, it can be a good way to combine four short-odds horses into one wager for a better payout than you’d get by backing them all individually. Found this answer useful? You can get more information and discover the
best NHL betting sites
here at PromoGuy.us.
👀 What happens with a Yankee bet if there is a non-runner?
If one of your horses doesn’t run, there’s no need to worry. Your Yankee bet still stands, with the odds recalculated to compensate. This will, of course, make your potential returns and profit lower and could be a blow if the non-runner was a horse you were banking on.
❓ Is a Yankee better than a Lucky 15?
There is always a level of subjectivity that comes into play when answering such questions. A Yankee bet is known as a partial cover bet, as it does not cover every wagering possibility. Whereas a Lucky 15 is a full cover bet, and accounts for all 15 possible wagering combinations, including single bets on each of the four selections.
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