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Cash Out Calamity

The option of cash out winnings during both single and multiple bets has grown in popularity in recent years. Who doesn’t want the option to cut a bet short and still be quids in as result? Of course though, for every plus side there is a minus, and the best argument against cashing out or laying off a bet is that you’re potentially missing out on a big win either on this cash out or a future one.

A recent extreme example of this is a football accumulator. Twitter user Mike Newman decided to share his woes (and I suppose good fortune!) with the world, by announcing that he’d cashed out of a seven-fold football acca. While he managed to turn his measly £5 bet into an impressive £5,710.25 the day could’ve gone better, much better in fact.

These are the seven bets that made up the Sky Bet customer’s accamulator bet:

  • Sheffield United vs Barnet (win)
  • Preston North End vs Doncaster Rovers (win)
  • QPR vs Leeds United (win)
  • Fulham vs Oldham Athletic (win)
  • Millwall vs Hull City (win)
  • Sevilla vs Atlético Madrid (draw)
  • Newport County vs Leicester City (win)

 

Cash Out Calamity

and so what would Mr Newman’s windfall have been if he’d let his bet ride? An eye watering £292,000. Where’s that iffy Internet connection when you need it?

Bet Types

Bet Types

 

A handy visual of bets that can be made up from a set number of selections. For a more detailed write up of various types of multiple / acca bet (heinz, trixies, yankees, lucky 31 etc) check out the right side of any page on multiples.co.uk).

Yankees

Yankees As part of our series covering different types of multiple bets (we’ve covered doubles, trebles and accumulators) it’s time to talk yankees. A yankee is essentially a combination of all of these bets types. It consists of 11 bets: 6 doubles, 4 trebles and a four-fold accumulator and is a popular sports bet, especially in horse racing.

It’s the kind of bet that will appeal to someone who is either having a lucky punt at four selections, or is confident of say two or three of them, but at the same time realises how difficult it is in reality to pull off a four fold accumulator. With a yankee bet even if you don’t tick every box, you can still benefit from two or three wins.

Say for instance that one of your results disappointed, but you gained three winners, well you would still win on four of your eleven bets (three doubles and a treble). For a breakdown of the 11 bets that make up a yankee bet see below:
Yankee Bet Breakdown

Bet Type Selections (a-d) How Many Bets?
Double ab, ac, ad, bc, bd, cd 6
Treble abc, abd, acd, bcd 4
Four-Fold abcd 1
Total: 11

Adding another selection (so 5 instead of 4) makes the bet a super yankee resulting in a total of 26 bets (10 doubles, 10 trebles, 5 four-fold’s and a five-fold accumulator). Add the 5 single bets to that and you have what is known as a Lucky 31 (31 bets in total). With both yankees and super yankees even if you’re a fan of betting on favourites, you stand to make a good return should the wins start rolling in.