Canadian Bet Explained

Canadian Bet Explained

A Canadian bet is a form of multiple or system betting that can be applied to all sports but is most frequently used in horse racing. It consists of five selections that are used to create 26 different wagers as follows: 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold accumulator.

This betting option is known as Super Yankee due to its similarity to Yankee bet, which combines four selections to create 11 predictions. Punters are often drawn to it because, unlike standard predictions and single accumulators, they don’t have to be right on all selections to get a return on their stake.

How Does a Canadian Bet Work?

A Canadian bet might sound confusing at first, but it’s actually quite simple. All you need to do is make five selections, and they will be automatically combined into 26 separate wagers. 

For a practical example, we will refer to those five selections as: “A,” “B,” “C,” “D,” and “E.”

Combinations Selections Combinations Number of Bets
Doubles A&B, A&C, A&D, A&E, B&C, B&D, B&E, C&D, C&E, D&E 10
Trebles A&B&C, A&B&D, A&B&E, A&C&D, A&C&E, A&D&E, B&C&D, B&C&E, B&D&E, C&D&E 10
4-folds A&B&C&D, A&B&C&E, A&B&D&E, A&C&D&E, B&C&D&E 5
5-fold A&B&C&D&E 1

You need to keep in mind that the same stake is applied to each of the 26 combinations. For example, if you want to put in $10 on each accumulator, the total cost of the Super Yankee wager would be $260.

A Canadian bet requires a larger investment but has the potential for a higher profit. The singles are not covered, so you need to get at least two selections right to get a return.

Canadian Bet Each-Way

This option is also available if you want to place each-way wagers. They consist of a “win” bet and a “place” bet. This means you are predicting that your selection will win an event or finish within a specified range, such as the top three or top five. Due to its nature, the each-way Canadian is more common in horse racing but can also be applied to golf, NASCAR, and many other sports.

Each way, Super Yankee comes with 52 combinations, increasing the probability of making a correct prediction and maximizing the return. However, it comes with an even higher cost. If you want to continue betting $10 per combination, it would amount to a stake of $520. 

How Do You Calculate a Canadian Bet?

The key to understanding the calculation of Canadian prediction is to note that each of the 26 combinations is an individual wager. The odds for each bet are based on the combination of the odds of selections included. 

You multiply the decimal odds in every combination and then multiply the result by the staked amount. Then, you sum all the payouts to get the maximum winning amount. 

Now, let’s look at an example. For easy calculations, we’ll assume that the five selections have the same odds of 3.0 (2/1 in fractional and +200 in American formats). The stake will be set at $10 per bet, resulting in $260 on every combination.

Combinations Combined odds for each combination Total Combined odds Potential Win ($10 stake per bet)
10 Doubles 9.0 (3.0 x 3.0) 90 (9 x 10) $900 (90 x $10)
10 Trebles 27.0 (3.0 x 3.0 x 3.0) 270 (27.0 x 10) $2700 (270 x $10)
5 Four-fold 81 (3.0 x 3.0 x 3.0 x 3.0) 405 (81 x 5) $4050 (405 x $10)
1 Five-fold 243 (3.0 x 3.0 x 3.0 x 3.0) 243 (243 x 1) $2430 (243 x $10)
Sum 1008 $10,080

Placing this wager would guarantee you a minimum of $90 if you get at least two selections right. If you get all five correct, you would pocket $10,080.

Canadian Betting Calculator

A Canadian betting calculator is a helpful tool that allows users to input the odds and a desired stake to get an estimate of the potential winnings. You will get the total payout and winnings per each combination regardless of whether you are putting together standard or each-way Canadian.

This calculator is widely available online, especially on popular betting sites in Canada that support this wagering option. You can also find the standalone version on various platforms that offer gambling-related services.

To use this calculator, follow the steps below:

  • Select your preferred odds format
  • Select whether you wish to calculate for total stake or stake per bet
  • Input your desired stake
  • Enter the odds for each selection
  • Set the each-way option and enter the odds if you need it
  • Click the “calculate” or “calculate your bet” button to generate the result

Your Winnings on a Canadian Bet (Super Yankee)

One of the biggest draws of the Canadian betting system is that you don’t have to correctly predict all the selections to get a payout. You will get a return from your wager as long as you get two or more selections right. 

Predicting two out of five selections doesn’t necessarily translate to a profit. If the odds of those two selections are low, you may get only a part of your stake returned. In order to be successful with Super Yankee betting, you need to pay attention to the odds on each selection and ensure they offer realistic profit-earning chances.

The table below shows a typical outcome of a Canadian bet depending on the number of winning selections using the previous example in which all selections have the same 3.0 odds, and each combination comes with a $10 stake.

Number of selections Number of successful bets The successful bet composition Payout (Profit/Loss)
0 0 0 (-$260)
1 0 0 (-$260)
2 1 1 double $90 (-170)
3 4 3 doubles + 1 treble $540.00 (+$280)
4 11 six doubles + four trebles + 1 four-fold acca $2,430 (+$2,170)
5 26 All parlays $10,080 (+$9,820)

To sum up, the Canadian horse bet and wagers on other sports are more rewarding when three or more selections are correct.

What Sports Work Well With Canadian Bets?

A Canadian bet applies to various sports, offering exciting gambling experiences to punters and the potential for big wins. However, some are better suited for it than others. 

The more popular options here include horse racing, football, and basketball. They feature an abundance of events on a daily basis and have clear-cut outcomes. You can also find opportunities in several other sports, such as cricket, baseball, rugby, and American football.

The general rule is that punters are not able to combine selections from different sports when putting together a Canadian bet. All five events need to be from just one sport. Still, some sportsbooks do offer this possibility. 

Canadian Football Bet

Football is one of the biggest markets for this gambling option. A Canadian bet football provides punters with an opportunity to pick out matches from the English Premier League, Spanish La Liga, or less-popular competitions and create various combinations. For example, you can place bets on the outcome of five different games in the English Premier League or take just one selection from it and add matchups from the German Bundesliga, Italian Serie A, or French Ligue 1.

Canadian Horse Racing Bet

Another sport that is well-suited to the Super Yankee system is horse racing. A major reason for this is the wide availability of multiple races and selections. These events happen on a regular basis across the year and include the Cheltenham Festival, the Grand National, and the Royal Ascot, among others. 

Punters can easily combine selections from different races into a single wager. The option also allows you to win significant payouts, much more than you would find with standard predictions and accumulators.

One distinct thing you must note about the Canadian horse bet markets is that they often come with longer odds, even for favorites. Additionally, horse racing supports Canadian each-way wagers, allowing you to increase the number of combinations to 52 with “win” and “place” predictions.

Best Betting Sites We Recommend for Canadian Bet

Placing a Canadian round-robin bet is easy, thanks to an abundance of online sportsbooks that have this option. However, picking a trusted and reputable platform to do so is essential. You need to consider factors like payment methods supported, sports offered, availability of the preferred betting markets, and other features. After all, choosing where to gamble can make a huge difference in your experience, as no two sites are the same.

Some of the most popular sportsbooks offering Canadian sports bets on their platform include:

These sites are known to be reliable and reputable. They also provide competitive odds, a wide range of markets, and great promotions for new and existing users.

Pros & Cons of Canadian Betting & Multiples

There is no denying that the Canadian betting system has many benefits that punters can take advantage of. But like every good thing, it also has some drawbacks that require serious consideration. 

Check out some of the pros and cons of Super Yankee below.

PROS CONS
PROS
  • Covers all possible 2-, 3-, 4-, and 5-fold accumulators
  • The potential payout is higher than regular bets
  • Good chances of winning payouts even with a few correct selections
  • Offers a more exciting and engaging betting strategy
CONS
  • It can be more expensive than singles and accumulators
  • It can be complex to understand, especially for beginners
  • Not offered by all sportsbooks

Similar Bets to Canadian Bet

The Canadian round-robin bet is a great way for gamblers to win big. However, there are several other similar options that are worth exploring, including Trixie, Yankee, Lucky 31, Heinz, and Goliath. The key to understanding these multiple full-cover wagering systems lies in the number of selections that a punter is considering. More selections result in a higher number of combinations.

Now, let’s compare some of these similar combination betting options and compare them with the Canadian betting system.

What Is the Difference Between a Canadian Bet and a Lucky 31?

The major difference between the Canadian bet and the Lucky 31 is the existence of singles. The Super Yankee excludes singles from its multiple combinations and amounts to 26 wagers. The Lucky 31, on the other hand, considers all possible outcomes in the five selections and covers the singles options. So, in this betting system, a punter would have 5 singles, 10 doubles, 10 trebles, 5 four-fold parlays, and 1 five-fold parlay, resulting in 31 bets. 

Due to the increased number of combinations, a Lucky 31 requires a much higher stake than a Super Yankee. On the flip side, the potential return also increases.

Parameter Canadian (Super Yankee Bet) Lucky 31 Bet
Number of selections 5 5
Number of bet combinations 26 31
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca + 5 straight bets
Cost Lower Higher
Minimum winning selection for a return 2 1

Canadian Bet (Super Yankee) vs. Yankee Bet

Another popular combination similar to the Canadian bet is the Yankee bet. The major difference between these two options is the number of selections each requires. While the Super Yankee system features five selections, the Yankee only consists of four. It creates 11 separate wagers, including 6 doubles, 4 trebles, and 1 four-fold accumulator.

Since it covers a much smaller number of bets, the Yankee option tends to be less expensive than the Canadian but comes with a lower payout.

Parameter Canadian (Super Yankee Bet) Yankee Bet
Number of selections 5 4
Number of bet combinations 26 11
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold accas + 1 five-fold acca 6 doubles + 4trebles + 1 four-fold acca
Cost Higher Lower
Minimum winning selection for a return 2 2

Canadian Bet Vs. Heinz Bet

While the Canadian option requires five selections, the Heinz bet includes predicting the outcomes of six events. It consists of 57 wagers, namely 15 doubles, 20 trebles, 15 four-fold parlays, 6 five-fold parlays, and 1 six-fold parlay. Since it comes with more combinations, a Heinz would require a significantly higher stake than Super Yankee but also creates room for a higher payout. 

Parameter Canadian (Super Yankee Bet) Heinz Bet
Number of selections 5 6
Number of bet combinations 26 57
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca 15 doubles + 20 trebles + 15 four-fold Accas + 6 five-fold Accas + 1 six-fold Acca
Cost Lower Higher
Minimum winning selection for a return 2 2

Canadian Bet Vs. Lucky 63

The Lucky 63 bet is another multi-combination system similar to the Super Yankee. The difference between them starts from the presence of singles. Like the Lucky 31 betting options, Lucky 63 includes single predictions in its combinations, covering all possible outcomes.

Additionally, Lucky 63 requires six selections. It creates 63 wagers, such as 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. Naturally, a Lucky 63 in horse racing would require a bigger stake than a Canadian due to the increased number of combinations, but it comes with a more attractive payout potential. 

Parameter Canadian (Super Yankee Bet) Lucky 63
Number of selections 5 6
Number of bet combinations 26 63
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca 26 singles, 15 doubles + 20 trebles, 15 four-fold Accas + 6 five-fold Accas + 1 six-fold Acca
Cost Lower Higher
Minimum winning selection for a return 2 1

Canadian Bet Vs. Goliath Bet

Another popular combination option similar to the Canadian bet you can check out is the Goliath bet. It excludes the singles wagers in the combinations and only considers all possible accumulator outcomes from at least two selections.

The major difference between the Canadian and the Goliath is the number of selections. As its name implies, a Goliath bet is the biggest combination option you can find online, using eight selections. It creates 247 combinations, including 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and 1 eight-fold parlay.

Due to the high number of combinations, the stakes required for a goliath bet tend to be enormous, as you will need to apply the same bet on each of the 247 outcomes. The upside is that it opens the door to massive payouts if you get enough accurate predictions.

Parameter Canadian (Super Yankee Bet) Goliath Bet
Number of selections 5 8
Number of bet combinations 26 243
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca 28 doubles + 56 trebles, 70 four-fold Accas + 56 five-fold Accas + 28 six-fold Accas + 8 seven-fold Accas, + 1 eight-fold Acca
Cost Lower Significantly Higher
Minimum winning selection for a return 2 2

Other Similar Betting Options

The table below compares the Canadian Super Yankee bet with other multiple combination betting options not mentioned above.

Parameter Canadian Bet Trixie Patent Lucky 15 Super Heinz
No of selections 5 3 3 4 7
No bet combinations 26 4 7 15 120
Bet Composition (breakdown) 10 doubles + 10 trebles + 5 four-fold Accas + 1 five-fold Acca 3 doubles + 1 treble 3 singles + 3 doubles + 1 treble 4 singles + 6 doubles + 4 trebles + 1 four-fold Acca 21 doubles + 35 trebles + 35 four-fold Accas + 21 five-fold access + 7 six-fold Accas + 1 seven-fold Acca
Minimum selection win 2 2 1 1 2

Is a Canadian a Good Bet?

A Canadian Super Yankee bet offers an exciting and potentially rewarding strategy for sports gambling. Its biggest advantage is less risk compared to straight acca since you can still profit with only two correct selections. Of course, whether you will earn a profit or only get back a part of your stake in such situations depends on the odds of individual selections. Winning even two underdog selections can fetch you an impressive payout.

That said, this bet type also comes with its fair share of downsides. The biggest one is the need to place the same stake for 26 wagers, making it significantly more costly compared to other options. 

Overall, a Canadian bet can be a great way to improve your betting experience online and potentially earn some big wins. However, that will only be the case if you make sure to do your research on the selections, consider the risks, and do it with a reputable bookie. 

Frequently Asked Questions

  • What is a Canadian bet?
    A Canadian bet, also known as Super Yankee, is a betting option that covers all possible outcomes from 5 selections, excluding the singles. It forms 26 combinations from using those selections, resulting in 10 doubles, 10 triples, 5 four-folds, and 1 five-fold (standard accumulator).
  • Is a Canadian the same as a Super Yankee?
    Yes, a Super Yankee is another term used to refer to the Canadian bet and is used interchangeably. Both terms refer to the same combination wager from 5 individual selections.
  • How does a Canadian bet work?
    In a Canadian bet, you must choose five different events or outcomes, which will create combinations using doubles, trebles, fourfold accumulators, and a fivefold accumulator. It will result in 26 wagers that will also require 26 equal stakes. You need at least two correct predictions to win a payout.
  • How many bets are there in a Canadian?
    A typical Canadian bet covers all possible accumulator combinations across five selections, resulting in 26 bets.
  • What is a Canadian bet in horse racing?
    A Canadian bet in horse racing is a multiple wagering option placed on horse racing events. It offers a good chance of winning decent prizes even if only two selections are predicted correctly. Also, punters can engage in each-way Canadian to cover the possibility of place positions.
  • What is a Canadian round-robin bet?
    Round robin bet is the broad classification that refers to a group of multiple accumulators taken from a list of selections, resulting in doubles, trebles, four-folds, five-folds, and so on.
  • What is a Canadian multiple bet?
    A Canadian multiple bet is another way to refer to a Super Yankee bet. It is a wager that combines five selections of outcomes to create 26 multiple combinations, including doubles, trebles, fourfold accumulators, and a fivefold accumulator.
  • Still have questions?
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Author
Betting Guru

Tim is our betting guru. Every gaming site needs one, and Tim’s our guy. He has plenty of experience in betting online and is quite successful at it. Tim’s favorite sports are hockey, baseball, and Esports. Tim believes the latter to be the future of betting.

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