So what is a Yankee?
You've probably heard about this approach to staking at different
times in your gambling life so let's explain it very simply -simple
enough so even I can understand it!
Supposedly the "Yankee Bet" was named after an American
soldier who once had a "Yankee" with UK bookmaker William
Hill and for next to nothing as far as outlay was concerned, reportedly
won nearly $200,000. Whether this is true or just an urban
myth is now lost in the proverbial mists of time but here's how
they supposedly work:
A Yankee is merely a series of bets on four horses (your best
four of the day if you like) which encompasses 6 all up doubles,
four all up trebles and one four horse all up.
Say your four best horses of the day are named A B C and D (duh!).
Your all up doubles are:
A all up B
A all up C
A all up D
B all up C
B all up D
C all up D
The all up trebles are:
A all up B all up C
A all up B all up D
A all up C all up D
B all up C all up D
The all up "quaddie" is, of course, A all up B all up
C all up D.
So your "Yankee" costs you 11 units, whatever your
unit of betting is, and when you hit that really tremendous day
the pay off can be enormous. Even just a good day can reap some
pretty handsome rewards and of course the four horses can be
spread over any State or meeting you like - even spread the four
bets over the two days of a weekend - it doesn't really matter.
Some even use place Yankees or a mix of both where the four
horse "quaddie" is for all of them to run a place with
the other bets all up win bets. (You may have heard that approach
being touted by certain people in radio land!)
A pure double Yankee involves all place bets as well as win bets
on the same four horses (each way betting if you like). Yes -
it does take some strategy and planning and execution of the all
ups and some pretty deft book keeping skills may be needed
but once you get the hang of it, it is quite straight forward
and you don't need to be Einstein to figure it out.
staking plan can make up for plainly poor selections.