Welcome to the second in our series of articles looking at the most popular types of multiple selection bets that you can make relatively easily on the Bet365 Sports site. In this article, we’ll be 
looking at the somewhat unusually named Yankee bet. The four-selection Yankee bet is next in the sequence of Full Cover bets you can place at Bet365 after the three-selection Trixie Bet.
When you place any full cover bet, regardless of the number of selections you are placing a bet on all the possible multiple combinations of winners, but not a bet on each selection winning singly.
This means that you’ll cover every possible double, treble, four-fold and upwards bet that can be made from your selections. This means that in order for your full cover bet to generate you a return, it will have to see at least two of your selections win.
If your full cover bet is comprised of four separate selections, it is known as a Yankee.
As stated above, a Yankee is a full cover bet of four selections that covers all possible, double, treble and four-fold bets that can be made from the selections.
How many bets that a Yankee actually comprises of is outlined below.
A punter makes four selections on their Bet365 Slip, let’s call them Selections A, B, C and D.
When the drop down list of available bets is selected, one of the bets available will likely be the Yankee bet. Select this and you will cover each of the following bets:
When you place a Yankee bet on Bet365, you do so by outlining what the Unit Stake on the bet will be. The Unit Stake will be placed on each of the bets outlined above. So if a punter wanted a Unit Stake of £1 for this Yankee bet then they would put:
Therefore your Yankee bet would cost you £11 for a £1 unit stake. A Yankee bet will always be 11 times the unit stake you select. So if you select a £10 unit stake, a Yankee bet would cost you £110. A 10p Yankee bet would cost you £1.10.
One of the trickiest aspects of any multiple bet for punters is understanding how their bet is calculated and what returns they will receive depending on how many of their selections win. To outline this, we will use an easy to follow example.
Our punter John places a Yankee bet with Bet365 with a Unit Stake of £1 (total bet price of £11) on the following four selections:
A Yankee bet only covers double selections and upwards, so if only one of John’s selections is a winner, or none of them come through then all 11 of the bets John covered are losers and he will lose his stake money in full.
If two of John’s selections win, then his bet would generate a return, although how much that would be would depend on which two of his selections came through.
The worst-case winning bet scenario for John would be selections A and C winning as they are both the shortest odds selections (both even money). If this happened then John would only receive back a total return of £4, and so he would actually be £7 down as his Yankee bet cost him £11 to place.
However, in a best-case two-win scenario, if selections B and D were to win at odds of 2/1 and 3/1 respectively, then this would generate a return of £12, for a total profit of £1.
The greater the odds of your two winning selections, the greater the chances you have of turning a profit on the Yankee bet, even if only two selections win. Essentially, only one bet wins out of the 11 that you placed.
Things get a little more complicated when three out of four of John’s selections win, but the same principle of the more winners you back and the greater the odds, the greater the return still applies.
Even in the worst-case scenario for a 3-win Yankee bet, say if selections A, B and C came in from John’s initial four. Then at odds of Even money x 2 and 2/1, this would generate John a guaranteed return of £28, and a total profit of £17.
However, if his 3/1 shot won instead of one of his even money selections, then in a best case scenario, John would take home a total return of £50, which is a nice £39 profit on his original bet.
As you can see, with the odds as they are, landing three out of four winners should usually ensure the punter makes a profit on the bet, although if three selections made on a Yankee bet are all very short odds, this may not be the case.
This is the best case scenario for John as all four of his selections win. This generates him a total return of £168 on his Yankee bet, which is a total profit of £157.
As you can see, the winnings for a Yankee bet increase markedly with the more winners you select.
There are a couple of other four-selection bets that you can place easily at Bet365 Sport. The first of these is a simple four-fold accumulator bet. This is a single line bet where you back all four 
selections to win and all selections must win in order for the bet to be successful.
In the example above, if John had placed a £1 bet on his four selections as an accumulator bet, Then the bet would have cost him £1 (not £11) and if all four selections won, he would have won £48 in total.
Another option for John would have been a Lucky 15 bet. This is the same bet as the Yankee bet in that it covers all Double, Treble and the four-fold accumulator, but it also covers each of the four options as single bets too. This means it contains 15 different bets and thus a £1 unit stake on this bet would have cost £15, not £11.
This breaks down as:
This bet would generate a return on a single selection winning, however in the example above, even if the longest odds selection (3/1) had won, it would only generate a small return and not see the punter make a profit.
If you place a Yankee bet, then you do have the option on some selections to place an Each Way Yankee bet. This is generally offered on events such as horse racing, when there are payouts if selections are backed each way and finish in a paying place.
When you select an Each Way Yankee bet, this doubles the amount of bets you are making as you are not just making the 11 bets on each selection to win, but also a further 11 bets on each selection to place too. Therefore, an Each Way Yankee Bet with a £1 Unit Stake would cost you £22.
The benefit of this bet is that it is more flexible as your selection does not have to win, but only to place, in order to generate a return. However you still need at least two selections to at least earn a place and the payouts for this bet are much more complicated (though Bet365 will of course complete all these calculations for you when you are due a payout).
Yankee bets are simple to understand and place and there’s a good range of options for bet slips with four selections. Why not give it a try today at Bet365 to see if you come up a winner?
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