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Best Sportsbooks US / Betting Guide / Yankee Betting Explained

Yankee Betting Explained

Publish Date: 30/03/2022
Fact checked by: Sam

What is yankee betting?

Welcome to our latest guide - yankee betting explained. What might seem like a confusing concept will become more clear as you go along. Find out more about this strong system betting approach.

A yankee bet, in all its glory, is a four-selection wager. However, it consists of 6 double bets, 4 treble bets, and a four-fold accumulator! What a way to hit the big time. Bear in mind that a yankee bet can yield fantastic returns but it’s something you’ll need to keep a close eye on. Keep reading to figure out the ins-and-outs!

Our guide – yankee betting meaning

You might ask yourself if this guide to the yankee betting meaning is actually of worth to you. What we can tell you is that it certainly is! If you are a newcomer to live betting or otherwise, then it is vital that you get to know what a yankee bet is and how it works. It’s not exactly the type of betting system that you put into action right off the bat. Thus, we urge you to keep your wits about you as you attempt to make sense of what is to follow. Fortunately, our experts have made this guide informative, yet easy to understand. If you are an experienced bettor, it’s quite possible that you’ve never actually made use of this approach when betting. Or, you might be rusty on the finer details. Either way, take the time to jog your memory and you’ll be raring to go!

Key takeaways - yankee betting explained

  • A yankee bet will not include a single bet as part of this system bet
  • It is made up of a four selection-wager of 11 bets in total
  • You require a minimum of two selection winnings to realize a return
  • Yankee bet can be used on most sports but soccer and horse racing are preferred

What is a yankee betting system

We can now get down to the crux of the matter. It’s important that you make notes if you feel this will help. In essence, a yankee bet is a multi-bet accumulator (parlay). You’ll need to place 11 bets in total across four different selections. This includes 6 double bets, four treble bets, and 1 four-fold parlay. This adds up to the 11 wagers, which are all a potential winning combination. In monetary terms, a simple $1 yankee is equal to $11 in total.

Now, let’s summarize this below in terms of the different selections and wagers that you need to place (assuming we are working with selections 11, 11, 12, and 14.

  • 6 doubles: Any combination of 11-12; 11-13; 11-14; 12-13; 12-14; 13-14 has to win.
  • 4 trebles: Any combination of 11-12-13; 11-13-14; 12-13-14; 11-12-14 has to win.
  • 1 four-fold: 11-12-13-14 has to win.

The above is what your bet slip would like and if two selections do win, then you will manage to walk away a winner!

Example of a yankee bet - betting on the MLS

We’re going to delve into another example by assessing it in terms of betting deals on MLS teams. Bear in mind that a yankee bet can be used to bet on most, if not all, sports. Historically though, these bets have mostly been used to bet on horse racing and soccer.  Below, we’ve included four selections that you could possibly bet on. All of which are simply end results.

  • FC Dallas to beat Nashville
  • Atlanta United to beat Charlotte
  • Real Salt Lake to beat New England
  • Portland to beat Austin

The yankee betting meaning simply requires you to place 11 wagers as follows:

6 doubles: 

  • FC Dallas to beat Nashville; Atlanta United to beat Charlotte
  • FC Dallas to beat Nashville; Real Salt Lake to beat New England
  • FC Dallas to beat Nashville; Portland to beat Austin
  • Atlanta United to beat Charlotte; Real Salt Lake to beat New England
  • Atlanta United to beat Charlotte; Portland to beat Austin
  • Real Salt Lake to beat New England; Portland to beat Austin

4 trebles: 

  • FC Dallas to beat Nashville; Atlanta United to beat Charlotte; Real Salt Lake to beat New England
  • FC Dallas to beat Nashville; Atlanta United to beat Charlotte; Portland to beat Austin
  • FC Dallas to beat Nashville; Real Salt Lake to beat New England; Portland to beat Austin
  • Atlanta United to beat Charlotte; Real Salt Lake to beat New England; Portland to beat Austin

One four-fold accumulator: 

  • FC Dallas to beat Nashville; Atlanta United to beat Charlotte; Real Salt Lake to beat New England; Portland to beat Austin

The actual returns that you are able to claim from a yankee bet depend on how many selections actually transpire at the end of the day. If two selections come right, then one of your doubles will win. If three selections come right, then three doubles and a treble will win. As such, payouts vary drastically and the more you wager, the higher the potential returns will be. Keep in mind that whatever the amount you wager, it’ll be multiplied eleven times over, which is why we’ve got betting payouts explained. So, it is also possible to lose significant real money wagers in the process.

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Step-by-step outline of placing a yankee bet

Now you have a better idea of yankee betting explained. It’s quite possible that you will be eager to put this betting system into action with your preferred sportsbook. Granted you have a valid betting account, you’ll be able to make the most of a yankee bet today. Below, we have outlined a step-by-step guide to yankee betting online.

  1. Log into your personal betting account online
  2. Make sure that your account is funded. If not, make a real money deposit.
  3. Check the sportsbook promotions available to you.
  4. Decide on which sport you wish to bet on. You can pick any sport but we recommend playing to your strengths and by utilizing past experience.
  5. Pick four different selections that you are going to wager on as well as the underlying sports market.
  6. Add these different wagers to your bet slip and ensure that you are actually making use of a yankee bet.
  7. The amount you wager on one bet will be applied to all 11 bets ($10 x 11 = $110 in total).
  8. Sit back and hope that two or more selections come right!

Our top tips when applying the yankee betting system

It’s vital that you make use of the latest tips so that you are able to make the most of our guide to yankee betting explained. We’ll keep you posted on any new developments that pertain to the yankee betting meaning. For now, we’re sure you are eager to give it a shout– so to speak.

Always claim a bonus offer

If you are looking to make a real go of yankee betting, then we suggest you claim a generous bonus offer. Boosting your funds by claiming a matched deposit bonus will give you added funds from which to try out the yankee betting system. With the yankee betting meaning and additional funds under your belt, there’s no telling what you can achieve.

Stick to sports that you know

It is vital that you know exactly what you are betting on if you wish to make a success of yankee betting explained. Betting on sports markets that you know nothing about will mean you have very little chance when wagering on four different selections comprising 11 bets. Make sure you follow the current form and bet based on what you think are the best possible chances of outcomes occurring.

Make use of a betting calculator if you are unsure

If you are completely out of your depths in terms of figuring out potential payouts, then fret not. We recommend that you make use of a betting calculator to do so. This will provide you with the ability to enter stake amounts, underlying odds, and in doing so, figure out what is viable.

Find a reliable source for online betting

It’s a good idea to pick up reliable tips so that you are able to spot potential betting markets that might work for you. Be sure to check in with our latest experts as you navigate these online betting opportunities online.

Stay in the loop with our additional betting guides

In addition to our latest coverage of yankee bets explained, there is plenty to learn about when it comes to online betting. We truly hope that you keep up your intrigue and interests so that you are always a step ahead of the rest. We have compiled a series of informative guides and sportsbook reviews. This will bring your attention to the top sportsbooks online as well as outline all you need to know about betting strategies and guides. For instance, find out more about the latest betting terms & meaning so that you are never caught with your pants around your ankles. Fuel your desire to learn and you’ll become a more informed and skilled bettor by the day!

Conclusion - yankee betting explained

Our latest guide to yankee bets has come to an end. We hope that you have found it to be enlightening and helpful. It is our aim to instill the basics of the yankee betting meaning in you so that you are able to make use of such a bet in the future. As long as you keep your wits about you, you should be just fine!

You can also check out our latest guide to betting terms explained as this provides you with the fundamentals to becoming a more knowledgeable bettor. Always stay at the forefront of the latest betting guides with us!

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Yankee betting explained FAQs

💡What is a yankee betting system?

Ultimately, a yankee betting system consists of a four-selection wager. However, there are 11 bets in total. This might come as a surprise as it can seem rather confusing to wrap your head around. However, all you need to do is make sure that you read our latest guide. This will ensure that you know all there is to know about the yankee betting meaning! Check in with us for all your betting queries.

✅Are yankee bets profitable?

One of the reasons why bettors make use of a yankee bet is because it can be profitable. If two of your selections come right, then you will realize a return. You should realize that this doesn’t necessarily mean that it will always be profitable. A lot of thought and research needs to go into creating a successful yankee bet. Take a look at our latest guide to find out more.

🏀What sports can I apply a yankee bet on?

You will come to find that a yankee bet can be used on multiple sports. But, as these things go, this betting system is usually applied to one or two particular sports. We recommend that you check in with our latest guide to find out which sports are best sorted for a yankee bet. Get to know our guide on the yankee betting meaning and you’ll be ready to place some enticing bets!

🎉What are the best yankee betting tips?

There are a wide number of different yankee betting tips online. However, this doesn’t necessarily mean you should take all of these sites at face value. Keep in mind that certain sites fail to provide you with factual tips that actually enhance your betting experience. The entire reason to use tips is to make sure that you are better equipped to place strategic bets. We urge you to read our latest guide to find out more.

❓Why should I consider making a yankee bet?

There are a number of reasons why you should consider making use of the yankee betting system. Although it isn’t the most straightforward betting system, it can yield decent returns. Having said this, you must ensure that you know precisely what to do in order to improve your potential chances of success. Use our latest guide to find out more.

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