Canadian Bet Explained
What is a Canadian Bet?
Sometimes referred to as a Super Yankee, a Canadian bet is made up of five selections, such as five football teams or five horses to win. It gets more complicated than that, though, as these five selections are then spread out across 26 individual parts of the bet:
- 10 double bets
- 10 treble bets
- 5 four-fold accumulators
- 1 five-fold accumulator
This means that in order to get any return, at least two of the selections need to come through. This type of bet is very common for sports like football and horse racing, being especially popular on the best sites for the sport of kings. If you are still unsure how a Canadian bet works, read on for a more detailed guide on the matter.
How a Canadian Bet Works
As explained above, a Canadian bet is made up of five selections, which could be five football teams to win a game. This is easy enough for most punters to understand, but it gets a bit more complicated than that. Instead of just placing five single bets or an acca, the selections are used to make up the 26 individual parts of a Canadian Bet.
This means that the stake is placed 26 times. If a punter decided to place 10p on a Canadian bet, it would therefore result in a total stake of £2.60. The types of wagers that are included in a Canadian bet on betting sites in the UK are as follows: 10 double bets, 10 treble bets, 5 four-fold accumulators and 1 five-fold accumulator.
As is clear from this, users need at least two legs to win to get any return from the bet. The best return from this type of bet would be if all five legs of the wager were successful, as this would mean every part of the Canadian bet would actually payout.
One of the benefits of a Canadian bet is that if there is an upset and just one leg loses, it means customers can still expect to receive a decent return due to the number of lines in the bet.
How to Place a Canadian Bet
For those who have not placed a Canadian bet before, it may all seem a bit daunting. However, the process is actually very straightforward and works in the same way as if you would place a five-selection acca. Once the selections have been added to the bet slip, punters just need to look for the Canadian or Super Yankee option.
The next step is to enter a take, but keep in mind that it will be multiplied by 26 to cover all of the different parts of the bet. When betting on horse racing, each-way Canadian bets are also possible but this doubles the stake. As with other types of bet, when placing a Canadian bet, punters will be able to see the potential profit of the bet.
As an example, let's say that a football fan is placing a bet on the Premier League. Five selections are picked, more specifically the following: Manchester United to beat Everton, Newcastle United to beat Burnley, Aston Villa to beat Crystal Palace, Liverpool to beat Brentford and Arsenal to beat Chelsea. The bet would then looks as follows:
10 Double Bets
- Manchester United to beat Everton and Newcastle United to beat Burnley
- Manchester United to beat Everton and Liverpool to beat Brentford
- Manchester United to beat Everton and Aston Villa to beat Crystal Palace
- Manchester United to beat Everton and Arsenal to beat Chelsea
- Newcastle United to beat Burnley and Liverpool to beat Brentford
- Newcastle United to beat Burnley and Aston Villa to beat Crystal Palace
- Newcastle United to beat Burnley and Arsenal to beat Chelsea
- Liverpool to beat Brentford and Aston Villa to beat Crystal Palace
- Liverpool to beat Brentford and Arsenal to beat Chelsea
- Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
10 Treble Bets
- Manchester United to beat Everton, Newcastle United to beat Burnley and Liverpool to beat Brentford
- Manchester United to beat Everton, Newcastle United to beat Burnley and Aston Villa to beat Crystal Palace
- Manchester United to beat Everton, Newcastle United to beat Burnley and Arsenal to beat Chelsea
- Manchester United to beat Everton, Liverpool to beat Brentford and Aston Villa to beat Crystal Palace
- Manchester United to beat Everton, Liverpool to beat Brentford and Arsenal to beat Chelsea
- Manchester United to beat Everton, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
- Newcastle United to beat Burnley, Liverpool to beat Brentford and Aston Villa to beat Crystal Palace
- Newcastle United to beat Burnley, Liverpool to beat Brentford and Arsenal to beat Chelsea
- Newcastle United to beat Burnley, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
- Liverpool to beat Brentford, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
5 Four-Fold Accumulators
- Manchester United to beat Everton, Newcastle United to beat Burnley, Liverpool to beat Brentford and Aston Villa to beat Crystal Palace
- Manchester United to beat Everton, Newcastle United to beat Burnley, Liverpool to beat Brentford and Arsenal to beat Chelsea
- Manchester United to beat Everton, Newcastle United to beat Burnley, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
- Manchester United to beat Everton, Liverpool to beat Brentford, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
- Newcastle United to beat Burnley, Liverpool to beat Brentford, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
1 Five-Fold Accumulator
- Manchester United to beat Everton, Newcastle United to beat Burnley, Liverpool to beat Brentford, Aston Villa to beat Crystal Palace and Arsenal to beat Chelsea
As you can see, two wins out of five means a double will be paid out, no matter which of the five selections it is that are successful. Three wins from five would be a larger payout still, while the potential profit would increase even more in the event of there being four wins out of five.
The perfect result for a Canadian bet for the football fan in question would be for all five legs of the wager to win, of course, as this pays out the most potential profit at UK betting sites.
It is important to keep in mind that with 26 lines in play in a Canadian bet, the stake can be large. If a football fan wanted to put £1 on each line, it would result in a total stake of £26.
In our example, we used home wins to make it straightforward but any combination of selections can be placed as part of a Canadian wager, for example, two home wins, two aways and a draw.
What is a Canadian bet?
How does a Canadian bet work?
How to calculate a Canadian bet?
Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis. If you have any questions about online gambling in the UK, please don't hesitate to contact him.