8.13
Yankee
- A Yankee consists of 11 bets involving 4 selections from different events, comprising 6 doubles, 4 trebles and 1 accumulator. You need two successful selections to guarantee a return.
For example, if the 4 selections and their odds were:
A = 2.00 B = 3.50 C = 4.00 D = 1.50 (Fractional equivalent: Evens, 5/2, 3/1 & 1/2)
a) If all 4 selections won in a €1 Yankee, the winnings would be calculated as follows:
6 x Doubles
Selections Odds Payout A + B 2.00 x 3.50 = 7.00 A + C 2.00 x 4.00 = 8.00 A + D 2.00 x 1.50 = 3.00 B + C 3.50 x 4.00 = 14.00 B + D 3.50 x 1.50 = 5.25 C + D 4.00 x 1.50 = 6.00 4 x Trebles
Selections Odds Payout A + B + C 2.00 x 3.50 x 4.00 = 28.00 A + B + D 2.00 x 3.50 x 1.50 = 10.50 A + C + D 2.00 x 4.00 x 1.50 = 12.00 B + C + D 3.50 x 4.00 x 1.50 = 21.00 1 x Accumulator
Selections Odds Payout A + B + C + D 2.00 x 3.50 x 4.00 x 1.50 = 42.00 The total payout for this bet would be the total of all 11 winning bets, in this case €156.75. The bet would cost €11, leaving an overall profit of €145.75.
b) Using the same odds and stake as above, if only 3 selections win and selection D loses, the winnings would be calculated as follows:
6 x Doubles
Selections Odds Payout A + B 2.00 x 3.50 = 7.00 A + C 2.00 x 4.00 = 8.00 A + D 2.00 x Lose = Nil B + C 3.50 x 4.00 = 14.00 B + D 3.50 x Lose = Nil C + D 4.00 x Lose = Nil 4 x Trebles
Selections Odds Payout A + B + C 2.00 x 3.50 x 4.00 = 28.00 A + B + D 2.00 x 3.50 x Lose = Nil A + C + D 2.00 x 4.00 x Lose = Nil B + C + D 3.50 x 4.00 x Lose = Nil 1 x Accumulator
Selections Odds Payout A + B + C + D 2.00 x 3.50 x 4.00 x Lose = Nil The total payout for this bet would be the total of all 4 winning bets, in this case €57.00 (the other 7 bets are losing bets). The bet would cost €11, leaving an overall profit of €46.00.