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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.
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.
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it an each way bet, but you can also include Rule 4 outcomes, the latter being applied if another horse in the race is withdrawn shortly before the start.
Here is some more information about the required inputs:
The odds and your stake are essential when using our Yankee bet calculator. However, you can also make use of the following options:
Although this is a more complex system bet, the outputs you’ll see displayed are consistent with most of our other betting calculators:
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:
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:
Outcome | Odds | |
---|---|---|
1. | Winner | 4/7 |
2. | Winner | 10/11 |
3. | Lost | 15/8 |
4. | Winner | 6/1 |
Total outlay | Total returns | Total profit |
$11.00 (11 x $1.00 bets) | $48.36 | $37.36 |
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:
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 + Fact to File + Minella Indo + Sa Majeste
Here are the top five reasons why this calculator is not only useful but essential:
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.
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.
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.
You can change the settings in the calculator to cover all potential outcomes, including one or two of your horses losing.
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.
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:
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.
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.
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.
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.
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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