Lay a Yankee or Union Jack on Betfair or other exchange

Lay a Yankee and Union Jack
The bets your bookie loves to Lay
can also be Layed on Betfair or any other exchange.

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Multiple bets are the bread and butter of being a bookie.
Bookies like nothing better than Yankee and other combination bets.
Some major bookies are so keen to accept these bets that they even offer bonuses to encourage punters to bet using a Yankee, Canadian, Heinz, Union Jack etc.

Now is your chance to follow their example, and Lay as many Yankees or Union Jacks as you like on Betfair or any other betting exchange.
You select the horses, golfers, football teams etc. to lose.

Lay a Yankee.

Lay Yankee Strategies.

Lay a Union Jack.

Union Jack Strategy.

Use an Excel spreadsheet, and you don't even need to know the math's involved, but here for interest is how it is done.
Excel spreadsheets which enable you to Lay these bets are available below.

Lay a Yankee.
As you know, a Yankee is 4 selections combined in 11 bets consisting of 6 doubles, 4 trebles and one 4 timer.
These are the combination bets for 4 selections A, B, C, and D that comprise a Yankee :-

6 Doubles - AB, AC, AD, BC, BD, CD.
4 Trebles - ABC, ABD, ACD, BCD.
1 Four timer ABCD.

To work out the stake required for each runner, we need to look at how many bets are starting from scratch with that runner, and how many bets on that runner are the 2nd, 3rd, and 4th parts of doubles, trebles and the 4 timer.
Then, add together the number of starting stakes, and the doubles, trebles, and the 4 timer at that stage.

For instance, the first runner A appears at the start of 3 doubles, 3 trebles and 1 four timer, so carries 7 initial stakes.

Runner B appears at the start of 2 doubles, and 1 treble (3 initial stakes).
Additionally, B appears in the 2nd part of 1 double, the 2nd part of 2 trebles, and 1 four timer.

We can work out the stakes for runners C and D in a similar way.

Excel spreadsheets are a quick and reliable way of doing calculations.
You can build a spreadsheet from the basic outline above, or purchase an excellent spreadsheet here for only a fiver.
Lay Yankee spreadsheet.
You will need Excel 2000 or a later version to view this spreadsheet.

This Lay Yankee spreadsheet calculates instantly the stakes required to Lay each runner of your Yankee in sequence.
The only inputs required are the amount of your basic stake, which can be less than £2 and the odds of your selections.
A unit stake of 30p would be sufficient to start your yankee with an initial Lay of £2.10.

As your Lay Yankee progresses, the spreadsheet shows

The stake required for runner A, B, C, or D
Your profit from successful Lays so far
The payout on any winners.
The "End Product" of profit or loss on losers or winners so far..

This spreadsheet can be used to Bet or Lay a Yankee.

Just 1 successfully layed 50p Yankee could pay for your Yankee spreadsheet.

After payment via PayPal, select the "Return to merchant" option on the PayPal screen.
PayPal should then route you to a download web page where you can obtain the Excel spreadsheet file.

Lay Yankee spreadsheet price = £5.
Payment is by PayPal, but you don't need a PayPal account to use the payment button below.

Lay Yankee Strategies.
You can see from the formulas that 7 bets fail if runner A loses.
A further 3 bets fail if runner B loses.

If the first runner in your Yankee is a loser, you win 7 stakes, so one strategy could be to pocket those 7 stakes and start another Yankee from scratch.
A bookie doesn't have this option, and has to stand all subsequent bets.
One drawback of this strategy is that if you hit a winner, your first winner would always be runner A, so subsequent Lays would all carry higher stakes.

3 Doubles and a Treble.
You may be concerned that sooner or later a few consecutive winners will come along and the high liabilities involved may take you beyond your comfort zone.
To avoid this scenario, the Lay Yankee spreadsheet above can be used to Lay 3 Doubles and a Treble, rather than the whole Yankee.
Simply input runner A as a loser, and the spreadsheet then covers only runners B, C, and D leaving you with just 3 Doubles and a Treble.

Strategy.
Again, your first runner carries most stakes.
In this case, your first runner starts 2 doubles and a treble.
If your first runner loses, you could pocket 3 stakes and start from scratch again.
Once again, a drawback of this strategy is that if you hit a winner, your first winner would always be runner B, so subsequent Lays would all carry higher stakes.

Laying Yankees works for bookies, so why not for you ?
Why not choose 4 horses today TO LOSE and see what happens ?

Lay a Union Jack.
The Union Jack is another very popular combination bet, at least with bookmakers.
This comprises 9 selections in 8 trebles.

9 runners, are set out in a 3 by 3 grid.
A, B, C
D, E, F
G, H, I
The trebles covered are 3 horizontally, 3 virtically and 2 diagonally.

With 9 selections, there are a possible 84 treble combinations, but a Union Jack covers only 8 of them, leaving the punter with less than a 1 in 10 chance of hitting a winning treble combination.
As a layer we can take advantage of this by laying those 8 trebles from 9 selections, just as bookies do.
It is possible to hit 6 winners with no payout.
An example is shown in bold above.
There will be other combinations.

These are the combination bets for your 9 selections A, B, C, D, E, F, G, H, and I that comprise a Union Jack :-
ABC, DEF, GHI, ADG, BEH, FCI, AEI, CEG.

To work out the stake required for each runner, we need to look at how many bets are starting from scratch with that runner, and how many bets on that runner are the 2nd, and 3rd parts of trebles.
Then, add together the number of starting stakes, and the trebles at that stage.

For instance, the first runner A appears at the start of 3 trebles so carries 3 initial stakes.

Runner B starts 1 treble and appears in the 2nd part of 1 treble.
B carries 1 initial stake plus 1 accumulator ...... and so on for runners C to I.

Excel spreadsheets are a quick and reliable way of doing calculations.
You can build a spreadsheet from the basic outline above, or purchase an excellent spreadsheet here for only a fiver.
Lay Union Jack spreadsheet.
You will need Excel 2000 or a later version to view this spreadsheet.

This Lay Union Jack spreadsheet calculates instantly the stakes required to Lay each runner in sequence.
The only inputs required are the amount of your basic stake, which can be less than £2 and the odds of your selections.
A unit stake of 70p would be sufficient to start your Union Jack with an initial Lay of £2.10.

As your Lay Union Jack progresses, the spreadsheet shows

The stake required for each runner A, to i
Your profit from successful Lays so far
The payout on any winners.
The "End Product" of profit or loss on losers or winners so far..

This spreadsheet can be used to Bet or Lay a Union Jack..

Just 1 successfully Layed 70p Union Jack could pay for your spreadsheet.

After payment via PayPal, select the "Return to merchant" option on the PayPal screen.
PayPal should then route you to a download web page where you can obtain the Excel spreadsheet file.

Lay Union Jack spreadsheet price = £5.
Payment is by PayPal, but you don't need a PayPal account to use the payment button below.

Union Jack Strategy.
You can see from the description above that 4 bets fail if runner E loses, and 3 bets fail if any runner A, C, G or I loses.
If E and just one of those runners A, C, G, or I lose, 6 of the 8 trebles fail.
These need to be your banker Lays.

Additionally, since runner E appears most often, it may pay to target shorter prices for that selection in order to keep any liabilities at a more comfortable level.

Bookie's customers may mostly stick to a single sport such as horse racing, but you can Lay any sporting or other event that is available, and your lays don't have to be all on the same day.
You can spread your selections over any timescale, days, weeks, months - it doesn't matter.

Here's your chance to be the bookie who Lays those Union Jack bets !
With the added bonus that you make the selections.

This works for bookies, so why not for you ?
Why not choose 9 horses today TO LOSE, calculate them as a Union Jack and see what happens ?