A 5 horse yankee is a type of bet which is offered by most bookmakers and online betting sites. It involves picking 5 horses to win their respective races and is a popular form of betting for horse racing enthusiasts. The bet consists of 11 separate bets, a combination of 6 doubles, 4 trebles and a four-fold accumulator.
The Different Types of Bets in a 5 Horse Yankee
There are 11 different types of bets in a 5 horse yankee. These are:
- 6 Doubles: This involves placing two bets on two different horses in two different races. If both horses win, the bettor wins both bets.
- 4 Trebles: This involves placing three bets on three different horses in three different races. If all three horses win, the bettor wins all three bets.
- 1 Four-Fold Accumulator: This involves placing four bets on four different horses in four different races. If all four horses win, the bettor wins all four bets.
How to Place a 5 Horse Yankee
Placing a 5 horse yankee is fairly simple and can be done either in person at a bookmaker, or online. To place the bet, the bettor must select five horses in five different races, which must all win for the bet to be successful. Once the five horses have been chosen, the bettor must specify whether they are placing a 5 horse yankee or a 4 horse yankee (which contains 10 bets instead of 11).
Calculating the Odds of a 5 Horse Yankee
The odds of a 5 horse yankee depend on the odds of the individual horses chosen. The odds of the individual horses are multiplied together to calculate the odds of the 5 horse yankee. For example, if the odds of the five horses chosen are 4/1, 5/1, 6/1, 7/1 and 8/1, the odds of the 5 horse yankee would be 4x5x6x7x8 = 1680/1.
Calculating the Potential Payout of a 5 Horse Yankee
The potential payout of a 5 horse yankee can be calculated by multiplying the stake by the odds of the bet. For example, if the bettor places a £10 bet on a 5 horse yankee with odds of 1680/1, the potential payout would be £16,800.
What is a Lucky 15?
A lucky 15 is another popular form of bet which is similar to a 5 horse yankee. It involves picking 4 horses in 4 different races and is made up of 15 bets (4 singles, 6 doubles, 4 trebles and a four-fold accumulator). The odds of a lucky 15 are calculated in the same way as a 5 horse yankee.
Advantages of a 5 Horse Yankee
There are several advantages of placing a 5 horse yankee over other types of bets. These include:
- The bet is made up of 11 different bets which increases the chances of winning.
- The bet is relatively cheap to place.
- There is the potential to win a large amount of money if all five horses win.
Disadvantages of a 5 Horse Yankee
Although a 5 horse yankee can be a lucrative bet, there are some potential drawbacks which should be considered before placing the bet. These include:
- The bet is difficult to win as all five horses must win for the bet to be successful.
- The odds of the bet are often quite low due to the large number of bets.
- The bet can be expensive to place if the stake is high.
Conclusion
A 5 horse yankee is a type of bet which involves picking 5 horses in 5 different races. It is made up of 11 separate bets, 6 doubles, 4 trebles and a four-fold accumulator. The odds of a 5 horse yankee depend on the odds of the individual horses chosen and the potential payout is calculated by multiplying the stake by the odds of the bet. Although a 5 horse yankee can be a lucrative bet, there are some potential drawbacks which should be considered before placing the bet.