What is a Canadian bet?

The "Canadian" bet, also known as the Super Yankee, is a complex form of multiple bet that involves picking five selections. The bet consists of 26 individual bet components: 10 doubles, 10 trebles, 5 four-fold accumulators, and 1 five-fold accumulator. For example, a 10p Canadian would cost £2.60 overall. This bet structure offers bettors a wide range of possible outcomes but requires careful planning and knowledge to place successfully.

Compared to simpler bet types like the Yankee or Lucky 15, which involve fewer selections and fewer bets, the Canadian bet increases the number of selections to five, making it more complex. Due to the number of bets involved, placing a Canadian bet can be confusing, especially for beginners. Bettors need to be well-versed in the sport and the participants involved, as the complexity and higher stake make it easier to lose the original wager if not carefully considered.

Despite its complexity, the Canadian bet is appealing for knowledgeable bettors because of the potential for high returns. If all five selections are successful, the bettor can achieve a significant payout, as the multiple bets significantly increase the total odds. This makes the Canadian bet an attractive option for those with a deep understanding of the sport and participants they are betting on, as it offers substantial rewards for the right selections.

Although the Canadian bet is particularly popular in horse racing, it has also been adopted by some football bettors. However, it differs from full coverage bets as it does not include single bets. This means that to see a return, more than one selection must be successful. As such, the Canadian bet offers a balance of complexity and high reward potential, making it a popular choice for experienced bettors seeking to maximize their winnings.