One of the things that make betting so appealing, is the fact that you can be as creative as you like whenever you place a wager. It allows you the freedom to bet on a single match or create a betslip consisting of 15 different events, drawn from any type of sport. The purpose of the following guide is to try and explain one of the most misunderstood concepts of sports betting, the Betting Systems.
Betting systems (such as Trixie, Yankee etc.) are most commonly found on football punting and have become increasingly popular among bettors. They have grown to such an extent that they are gaining ground on traditional accumulator bets, such as doubles and triples. This is due to two simple facts:
You can win more compared to single bets if all your choices are successful.
You will not lose your bet if you miss out on one of your choices. You might even cover your losses or even earn a bit of money if some of your choices come through.
Upsides and downsides of sports betting systems
The risk is significantly reduced in regards to multibets, but on the downside, the same applies to your potential profits. Punters prefer to use system bets with risky choices on higher odds, given that by reducing your risk, you increase your chances of winning. You should remember though, that this strategy will offer you long term profits, only on high odds.
Multiple bets are the most common types of combination bets among punters. You can bet on doubles, triples, quadruples etc. however, given that all of your choices are part of a single betslip, all of your choices must be successful in order to win the bet. Obviously the rewards can seem huge on paper, however math and statistics tend to prove that these types of bets, rarely come through.
Betting systems are bound to make your life easier if you are fond of placing multiple bets. For example, if you have four choices (A,B,C and D) and you’d like to place a bet that includes each possible combination (every double, triple and the quadruple) instead of selecting each bet manually, you can save time by clicking on the “Yankee” button. After that, you only need to place the amount of money you wish to bet and wait for the matches' results.
What you basically do each time you place a "yankee" bet, is split the wagered amount on any of the bets mentioned above. Let's say you have selected four choices and want to bet 11€ on a Yankee system instead of a quadruple bet. Your 11€ yankee bet means that you will place a 1€ stake on each of the 11 different bets of the Yankee.
Betting system types
There are two basic types of betting systems, including single and multiple bets. You can view the details of each one bellow.
Trixie (4 bets)
A Trixie is a wager on three selections and consists of four separate bets: 3 doubles (AB,BC,AC) and a treble (ABC). You have to win a minimum of two selections in order to receive some money.
Yankee (11 bets)
The Yankee is one of the most common betting systems and basically a wager of four selections and consists of 11 separate bets: 6 doubles (AB,AC,AD,BC,BD,CD), 4 triples (ABC,ABD,ACD,BCD) and a quadruple (ABCD) accumulator. As on the Trixie, you need to win at least two selection to get some money back.
Lucky 15 (15 bets)
Lucky 15 is a wager of four selections and consisting of 15 separate bets: 4 singles, 6 doubles, 4 triples and a quadruple accumulator. Its’ equivalent to a Yankee with the only difference being the addition of the four single bets. Even a single winning selection will offer you a return. This “Lucky” part of its name is derived from the fact that bookmaker's may at times offer some bonuses on these system bets.
Canadian or Super Yankee (26 bets)
This is the only betting system with two alternative names. It is mostly referred as Canadian on US based bookmakers, while Europeans prefer to call it the Super Yankee. This is a wager on five selections that consists of 26 separate bets: 10 doubles (AB,AC ,AD ,AE ,BC ,BD ,BE ,CD ,CE , DE), 10 trebles (ABC, ABD, ABE, ACD,ACE, ADE, BCD, BCE, BDE, CDE), 5 quadruples (ABCD, ABCE,ABDE, BCDE) and a fivefold (ABCDE) accumulator. A minimum of two selections have to be succesful in order to get some money back.
Lucky 31 system (31 bets)
This is also a wager of five selections and consists of 31 separate bets: 5 singles, 10 doubles, 10 trebles, 5 quadruples and a five fold accumulator. It is similar to a Canadian system (or Super Yankee) with the addition of the 5 singles bets. You will get a return of your bet if one of your choices comes through.
Heinz (57 bets)
This wager was named after the famous Heinz food processing company, as since 1896, Heinz have used their "57 varieties” slogan for marketing purposes. This system includes six selections and consists of 57 separate bets: 15 doubles (AB, AC, AD, AE, AF, BC, BD, BE, BF, CD, CE, CF, DE, DF, EF), 20 trebles (ABC, ABD, ABE, ABF, ACD, ACE, ACF, ADE, ADF, AEF, BCD, BCE, BCF, BDE, BDF, BEF, CDE, CEF, CDF, DEF), 15 quadruples (ABCD, ABCE, ABCF, ABDE, ABDF, ABEF, ACDE, ACEF, ACDF, ACEF, ADEF, BCDE, BCEF, BDEF, CDEF), 6 fivefolds (ABCDE, ABCDF, ABCEF, ABDEF, ACDEF, BCDEF and a sixfold (ABCDEF) accumulator. A minimum of two winning selections are needed in order to get some money back.
Lucky 63 (63 bets)
This is also a wager of six selections and consists of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 quadruples, 6 fivefolds and a sixfold accumulator. It is equivalent to the Heinz system mentioned above, plus the six single bets. One winning selection will give you a portion of the wagered amount.
Super Heinz (120 bets)
Super Heinz is a wager on seven different selections that includes 120 separate bets: 21 doubles, 35 trebles, 35 quadruples, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum of two successful selections will offer you some money back.
Goliath (247 bets)
This is one of the most extensive betting systems found on a bookmaker. It includes eight selections and consists of 247 separate bets: 28 doubles, 56 trebles, 70 quadruples, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator. A minimum of two winning selections are required in order to get some a portion of your bet back.
Alphabet (26 bets)
This is a combination system that was mostly used on horse racing bets, but is now frequently found on football betting as well. It is a wager of six selections split into three different systems: Selections A, B, and C form a patent, as described above. Selections D, E, and F form a second patent. Selections B, C,D, and E form a Yankee, as previously described and the selections A, B, C, D, E, and F form a sixfold accumulator. The total number of bets in an Alphabet is therefore 26 [2 Patents at 7 bets each, plus one Yankee at 11 bets, and one accumulator at one bet (7+7+11+1=26)]. A single correct selection will give you some money.
If you have 9 or more selections, you have the option to break the bet down into doubles, trebles and so on. However, the number of bets and the amount you have to place, will increase, in order to cover every possible combination. For example a 10 leg treble bet will contain 120 three leg multi bets.
Τhere are some bookmakers that offer certain "exotic" multiples, starting from Doubles (containing 2 legs per multi bet) and ranging up to 14-folds (containing 14 legs per multi bet) and any other combination in-between. They are usually available for multi betting along with other matches, with as few as two or three selections or as many as 15.