Lay a Yankee and other multiples.

On this web page :-
The bets your bookie loves to Lay can also be Layed on Betfair or any other exchange.

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.

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.

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 ?

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Lay an accumulator.
You may decide to bet and lay an accumulator, in a similar way to betting and laying an odds movement for a single runner.
With more runners involved, that has the potential to pay much better than trading a few ticks for a single runner or team.

Alternatively, you may be looking to trade a bookie refund offer or a free bet that involves an accumulator bet.
Those can be traded using the same principles as for a single runner, but with more runners involved.
Whatever your bookie offer, "A Percentage of of Winnings Added", "Lose Only = Stake Refunded", etc., the basic staking principles are the same.
Whatever your reason for laying an accumulator, the spreadsheet package below should be able to sort out the staking for you.

Strategy.
The idea is to bet your accumulator with a bookie or an exchange and lay the other end of it using a spreadsheet to show the lay stakes required.

• If we hit all winners, we need our total lay payout to be less than our accumulator bet winnings.

• If we hit a loser, we need the total of our good and bad lays combined to pay more than our losing bet stake

If we can manage both of those, we have profit whatever the results.
That may look impossible as bookie bet odds will usually be lower than lay odds before our events take place, but it can be done, as described in the videos below.
If our trade involves a bookie refund or free bet, trading to profit can be very low risk risk, especially if we can get away with betting and laying just a double rather than a treble or 4 timer.
Note that I do not have a strategy for laying "One Leg Lets You Down" bookie refund offers.
You will need your own ideas to lay those to guaranteed profit.
I don't have an answer for those.

Lay or bet a Trixie in an exchange.
The Excel file described below contains a spreadsheet that shows the staking for laying a Trixie, and a 2nd spreadsheet for betting a Trixie in an exchange.
A Trixie is a multiple bet of 3 doubles and a treble.
The strategy is to select runners or teams that have time between each event.
We can then place each stake one at a time, in turn, as each event takes place.

The first stake carries 3 of the 4 stakes, so if you have a "Banker" selection it may be best to make that the first runner in your Trixie.
If that first runner hits a loser, 3 of the 4 bets will fail . . . 2 of the doubles, plus the treble.
Also, there are some "Break even" odds involved with betting or laying a Trixie in an exchnage.
If betting, bet at odds of 2.10 and hit one loser for a small profit after 5% commission.
If laying, lay at odds of 1.90 and hit one loser for a small profit after 5% commission.
That is demonstrated in the video below.

The video below demonstrates the staking required to lay or bet a Trixie using an exchnage.
The video shows both a laying and a betting spreadsheet.
Both are in the same Excel file.
The spreadsheet can be used for any sport or combination of sports of course.
As bets or lays are placed one at a time, your Trixie can be spread over any timescale, the same day, several days, weeks, etc.

For a BIGGER VIEW of this video, click the small icon bottom right with 4 square corners.

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