The horse-betting veteran will be looking at just about every piece of data in a horse’s past and present to try to get an edge on an upcoming race, including: the horse’s trainer, its. A Place, commonly used in horse racing, returns a fraction of the original odds if the runner finishes within, for example, the top three but doesn’t win the race. So if one of the selections for example placed then the return from it would be perhaps 1/4 of the original odds (the bookmakers Place Terms determine that). How to make a bet on horse racing Betting Terminology Okay, with that little bit out of the way, let's take a look at the betting lingo and the types of wagers one can make on an equine athlete. Exotic Bets or Combination Wagers. Across the board — Three equal Win, Place and Show bets. If your horse finishes 1st, you win all three bets. If your horse finishes 2nd, you win on the Place and Show bets. If your horse finishes 3rd, you win on the Show bet. Exacta — Pick two horses in one race. If they finish 1st and 2nd, in exact order.

A Yankee bet is a type of Full Cover Bet. From the original selections all permutations of multiple bets are made from them. In the case of Yankee bet, there are four selections. They can be combined into eleven separate multiple bets and each of those needs their own stake applied.

What is a Yankee bet?

Within a Yankee, there are 6 double bets, 4 treble bets and one accumulator. The accumulator is a 4-fold. No win singles are included as part a Yankee bet. So with the smallest bet type being a double, a Yankee requires a minimum of two of the four legs to win to get a return.

Double 1 = Selection 1 – Selection 2
Double 2 = Selection 1 – Selection 3
Double 3 = Selection 1 – Selection 4
Double 4 = Selection 2 – Selection 3
Double 5 = Selection 2 – Selection 4
Double 6 = Selection 3 – Selection 4
Treble 1 = Selection 1 – Selection 2 – Selection 3
Treble 2 = Selection 1 – Selection 2 – Selection 4
Treble 3 = Selection 1 – Selection 3 – Selection 4
Treble 4 = Selection 2 – Selection 3 – Selection 4
Fourfold Acca = Selection 1 – Selection 2 – Collection 3 – Selection 4

How does a Yankee bet work?

When you select a Yankee on your betting slip, you don’t have to do anything because it will all be automatically arranged. You would add your four selections on your slip and then what will be generated will be all the above multiples when you strike your bet.

Each of the eleven bets created within a Yankee will need an individual unit stake. A £1 Yankee, therefore, would cost an £11 stake in total. Any multiple works by using the returns from the previous leg of the bet as the stake for the next selection. So if one of the double bets in a Yankee win, the returns from it would be as if you had just played a straight double on its own.

Note that returns winnings from Double 1 are NOT placed on Double 2 within the Yankee (and so on). They are all treated as the individual multiple bets.

Winning Example in Football

A Yankee offers the combination of multiple bets from a small number of selections. The appeal of that is that if all selections were correct then the cumulative odds within all of the created bets would add up to a big deal.

Here is a winning example of a Yankee in football.

Our four selections are;

Man Utd 10/11
Man City 5/8
Arsenal 11/8
Spurs 4/6

A £1 Yankee is an £11 stake in total. So that is what is at risk.

Example 1

All of the selections in the example won, so that meant that each and every combination of multiple bet was successful.

Losing Example of a Yankee in Horse Racing

A Yankee needs a minimum of two selections within it to return something. However, depending on the odds being played, that still may not be enough to cover the initial outlay. To highlight this, let’s look at the Grand National.

One losing selection will wipe a total of seven of the eleven bets in a Yankee. That is where the thin line is. For this example, Clown Shoes at 4/6 is the only loser in our fictional Grand National for Example 2.

Example 2

Two losing selections in a Yankee will wipe out ten of the eleven bets in it. You would be left with only the one double. Both Cloud Power and Clown Shoes are losers here in Example 3.

Example 3

The winning odds of the only two winners (combined for a double) does not return enough in order to cover the initial stake.

Each way Yankee bet explained

An each way option can be applied to a Yankee bet. What that will immediately do is raise the initial stake by double. That is because you will, in essence, be placing a matched stake on each of the eleven bets within the Yankee, to meet the Place coverage.

A Place, commonly used in horse racing, returns a fraction of the original odds if the runner finishes within, for example, the top three but doesn’t win the race. So if one of the selections for example placed then the return from it would be perhaps 1/4 of the original odds (the bookmakers Place Terms determine that).

It would leave less coming back from the Yankee. In Example 2 at the same prices, if Clown Shoes had only Placed at the original 4/6 odds, but the others had all won, then it would have returned a total return of 37.36 which, compared to the return of 18.86 for Clown Shoes having lost outright, shows what the each way option could do. The negative is that you would stand to lose twice as much stake if you didn’t pick up enough winners.

Yankee bet strategy

The general rule of thumb for Yankee betting is to stick with some larger priced options in the bet. If you play all selections of around a minimum of 3/1 then if at least 50% of your selections win, it will offer positive returns. This is partly why it is used more commonly on horse racing where prices are geared more towards being Yankee-friendly. It’s not uncommon to have a strong contender in a horse race at 3/1. You are not going to find many 3/1 favourites for football matches.

How to place a Yankee bet on Bet365?

Placing a Yankee bet on Bet365 can simply be done right in the bet slip. Browse around the horse race cards and pick out your selections. In the bet slip at Bet365 you will see the multiples option and from there you can just select Yankee. Enter your stake of 11 x n and then strike your bet. Before doing so, check the latest Bet365 Bonus Codes.

What is a permed Yankee bet?

A Yankee is a form of a permutation bet. Instead of placing individual bets from the four selections, you take all the coverage that you could possibly make from the selections. As in the case of a Yankee that is eleven multiple bets, but a full permutation (four selections) would also include the four-win singles. That is known as a Lucky 15.

Knowing how to handicap maiden races can make a big difference when handicapping and winning at the racetrack. (Photo credit: Bigstock.com)

One common theme I hear from horseplayers is their disdain for playing maiden races. For me, the more maiden races on the card, the better. Handicapping maiden races is challenging and can be very rewarding.

There is so much information readily available for most races: speed figures, pace figures, video replays, trainer statistics, etc. It can make it tough to find an edge, which tends to lead to many of us coming up with the same horses. That can only mean one thing: chalk.

With maiden races, enough “unknown factors” can give an astute handicapper that does his homework an edge.

Part One: Pedigree

What Is The Best Type Of Bet In Horse Racing

My teachers seldom described me as “astute”, but I always did my homework. Well, to be honest I did my homework in the subjects I liked. Okay, if you asked my mother I rarely did my homework, but if handicapping was a subject in tenth grade I would have done my homework.

Back in the early days, handicapping maiden races meant a walk down to the paddock for a quick inspection. However, now the vast majority of us are sitting at home wagering, and we are lucky to see a tape delayed post parade two minutes before post.

That does not stop me from handicapping my favorite type of races. Or getting some exercise. I still have to walk to the refrigerator to refresh my beverage.

It’s All in the Family

It starts with pedigree. When we are faced with a maiden special weight race where most of the entrants are first time starters, there is not much information in the past performances. Or is there?

I would guess 80% or more of our fellow horseplayers do not delve too deep into pedigree. It’s not right there in front of them for the most part. That gives us our first edge.

When I handicap a maiden race, I use several tools. Of course, I use my favorite past performances, located in The Daily Racing Form. I also use the Sibling Summary Report, which gives me detailed information about the mare of each entrant in a race. In addition I keep BRIS past performances handy as they include some pedigree information, or I pop in my Maiden Stats CD. Another resource you could use to look up pedigrees free is by going to http://www.pedigreequery.com.

With a first time starter, the first thing I look at is the sire’s results with debut runners. Anything above a 14% win clip is above average. Past performances will also give you a sales price if the horse went through auction. Compare that to the stud fee. If I see a sales price that is five times the stud fee, it peaks my interest. BRIS past performances give you the average sales price for the sire, also useful information.

Then I look at the mare. What has she done in her career and at what distances? The Daily Racing Form Sibling Summary will give you her race record on each surface along with her best Beyers and her career earnings.

It will also list her other foals, and what they have done on the track. There is nothing I like to see more than a mare that has dropped six or seven foals, all winners, with a couple of stakes winners on her resume. It shows she is a good producer and her latest foal could be a runner too.

What Is The Best Type Of Bet In Horse Racing May

If the race is for two year olds, look at the mare’s foals, see how many ran, and whether they won as two year olds. If it is a turf race, it’s easy to look up how the offspring of the mare performed on the grass.

Finding Wagering Value at the Windows

One of my favorite angles is finding a maiden that has made three of four starts on dirt and showed some ability, perhaps with a couple of fourth or fifth place finishes, and is trying grass for the first time. If the mare was a turf winner and has produced a couple of turf winners, there is a good chance the maiden will move forward with the surface switch. Often this can lead to a generous price.

Another angle is finding a “win early” type pedigree on a first or second time starter sent out by a lesser-known barn. We know a well-bred two year old sent out by Wesley Ward or Steve Asmussen will get all of the attention at the windows. However, they can’t win them all.

Find an offspring of Carson City (19% winners with debut runners) or Storm Cat (20%) that is sent out by a low profile outfit. The price will be more generous, particularly if Ward and Asmussen also have runners in the race. The win percentage overall on these types may be on the light side, but when we do catch one, a generous price will be there waiting.

For me, finding a hidden gem somewhere in the pedigree that might lead to a nice payoff is what makes this game fun, challenging, and most importantly profitable.

What Is The Best Type Of Bet In Horse Racing 2019

Next week we’ll take what we know about pedigree with maidens and add trainers and workouts into the equation.