Canadian Bet Calculator
Some people call it a Canadian bet, while others will know it as a Super Yankee. Either way, the setup is the same, and you can use a betting calculator with this model to see what the potential returns would be. There are 26 bets in total, which comprise 10 doubles, 10 trebles, 5 four folds and 1 five fold. There are no singles in this bet, which means the stake you input on the calculator will be pretty high. As is the general rule with multiples, a higher stake means there is less risk overall, but that doesn’t mean it won’t get expensive in the long run.
In essence, the Canadian bet allows you to hope for big payouts, while smaller ones come along at regular intervals. It’s quite easy to gain a profit with the Super Yankee, as you will see if you set the two highest priced odds to lose in the calculator. This will still result in a profit, even if it’s only small, making it well worthwhile. If the short priced odds are set to lose, the profit is even greater, meaning that it’s possible to hedge your bets with many selections and reap the rewards if they’re all successful.
As the Canadian doesn’t include singles, it isn’t a full coverage bet. To have a return, the general rule is that you need two or more selections to be successful, so it’s a good bet for those who feel confident that at least some of their bets are bound to have positive outcomes. To put it into practice, if you bet a £1 Canadian on horse racing with each horse priced at £2, you would pay £26. If no selections win, you’d be down £26. If 1 won, you’d be down the same amount. If 2 won you’d be down £2. If 3 won you’d be down £14. If 4 win, you’d profit £46, and if 5 won, you’d profit £206.
Some people will wonder how a Super Yankee and a Lucky 31 are different due to the identical number of selections involved for both. The difference between a Super Yankee and a Lucky 31 is that, while both have five selections, a Super Yankee has 26 bets, while a Lucky 31 has 31 bets. A Lucky 31 has all of the bets seen in a Super Yankee, but there are five additional single selections, too.
It can be exciting to make a Super Yankee bet due to the fact that you are betting on multiples, which increases the chance of a return. If you are confident in your selections, then this style of bet increases the opportunity for a good return on your stake. However, the disadvantage of this bet is that you will need to put more money down for the initial stake. As there are 26 bets instead of one, more of your bankroll will need to be parted with. The question to ask yourself is whether the increased chance of winning is worth investing in the higher stake.
To enter a Canadian bet on a betting calculator, all you have to do is enter your stake, choose your bet type, set the options – each way, rule 4, dead heat or decimal odds – then enter the bet odds to have the total stake, total return and total profit revealed to you.
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