What Is a Canadian Bet & How Does It Work? Bet Explained

When exploring the world of sports betting, you are going to come across a wide variety of different bet types. One intriguing option is the Canadian bet. 

Also known as a Super Yankee, a Canadian bet consists of 26 individual bets rolled into one bigger bet. This includes five selections and encompasses different types of bets like doubles, trebles, four-folds, and a five-fold accumulator. 

Understanding how it all works is simpler than you might think, and it can help deepen your understanding of different sports bets. 

In this post, we’ll break down what a Canadian bet is and walk you through how it works. Whether you’re new to betting or looking to expand your knowledge, this guide aims to make it all clear and easy to follow. 

What Is a Canadian Bet?

A Canadian bet, also known as a Super Yankee, is a type of multiple bet that includes five different selections. Instead of placing single bets on each selection, a Canadian bet combines them into 26 different bets. 

Here’s how it’s structured: 

• 10 Doubles: Bets on pairs of selections.
• 10 Trebles: Bets on triples of selections.
• 5 Four-Folds: Bets on groups of four selections.
• 1 Five-Fold Accumulator: A single bet on all five selections winning.

In total, you’re placing 26 bets spread across your five selections. This means that you will need your stake amount multiplied by 26. For example, if you bet £1 per line, the total stake would be £26. 

The advantage of a Canadian bet is that you only need two of your selections to win to get a return. Naturally, the more of your selections that come through, the higher your potential winnings. 

It’s a popular choice for those who want a more interesting betting experience without putting too much on the line with just a single outcome. 

How Does a Canadian Bet Work?

A Canadian bet works by combining five different selections into 26 separate bets. Here’s a simple step-by-step explanation: 

The Structure

10 Doubles: These are bets on pairs of selections. For instance, if you have selections A, B, C, D, and E, the doubles would be AB, AC, AD, AE, BC, BD, BE, CD, CE, and DE. 

10 Trebles: These involve triples of selections. So, you would have combinations like ABC, ABD, ABE, ACD, ACE, ADE, BCD, BCE, BDE, and CDE. 

5 Four-Folds: These are bets on four selections at a time. Examples include ABCD, ABCE, ABDE, ACDE, and BCDE. 

1 Five-Fold Accumulator: This is a single bet on all five selections winning together, such as ABCDE. 

Placing the Bet

If you place a Canadian bet, you essentially make 26 individual bets. If you choose to stake £1 per line, your total stake would be £26. 

Payouts

The beauty of a Canadian bet is that you don’t need all five selections to win to see a return. Even winning just two selections awards you some payout. Of course, the more selections that win, the higher your potential payout will be. 

Benefits

This bet type is ideal for those who prefer to bet on a variety of outcomes with less risk tied to a single bet. It spreads your chances across multiple combinations, making it an exciting option. 

In essence, a Canadian bet is an excellent choice for adding variety and excitement to your betting experience. 

How To Work Out a Canadian Bet

Working out a Canadian bet involves calculating the potential returns from your 26 individual bets. Here’s an easy step-by-step guide to help you understand it: 

Step 1: Identify Your Selections

Choose five different selections. Each selection will have its own odds, which can be found on your betting platform. 

Step 2: Break Down the Bets

Remember, a Canadian bet is made up of: 

• 10 Doubles
• 10 Trebles
• 5 Four-Folds
• 1 Five-Fold Accumulator

These are all the different combinations of your five selections. 

Step 3: Calculate Potential Returns for Each Bet

For each of your doubles, trebles, four-folds, and the five-fold accumulator, you multiply the odds of the selections involved. 

For example, if you have selections A, B, and C with odds of 2.0 each, a treble bet would be calculated as: 

2.0 (A) x 2.0 (B) x 2.0 (C) = 8.0

Step 4: Add Up the Returns

After calculating the potential returns for each of the 26 bets, add them all up to find your total potential return. 

Step 5: Factor in Your Stake

If you bet, for example, £1 per line, your total stake is £26. Subtract your total stake from your total potential return to find your net profit. 

Working out a Canadian bet may seem complex at first, but breaking it down step-by-step makes it more manageable and even enjoyable. 

Canadian Bet On The Irish Lottery

Using a Canadian bet on the Irish Lottery is not unheard of, and here’s how you can do it: 

Choosing Your Numbers

Select five different numbers from the Irish Lottery. These will be the basis of your Canadian bet. 

The Structure

Your Canadian bet will involve: 

• 10 Doubles: 10 bets on pairs of your five chosen numbers.
• 10 Trebles: 10 bets on groups of three of your chosen numbers.
• 5 Four-Folds: 5 bets on groups of four of your chosen numbers.
• 1 Five-Fold Accumulator: 1 bet on all five numbers being drawn.

In total, you’ll have 26 separate bets. 

Placing Your Bet

Decide how much you want to stake per line. Again, your total stake is going to be 26 times your chosen bet per line. 

Payouts

To win, your chosen numbers need to be drawn in the lottery. Even if only two numbers are drawn, you can still see a return. If more of your numbers are drawn, your potential winnings increase. 

In summary, placing a Canadian bet on the Irish Lottery is straightforward since it works the same as a Canadian bet on any other event, and it can make watching the draw even more exciting. 

Canadian Bet FAQs

Why Is a Canadian Bet Called a Canadian?

The name “Canadian bet” doesn’t have a specific origin related to Canada. It’s similar to other betting terms like “Yankee” or “Heinz”, which are names given to multi-bet structures. The term is used to differentiate this particular five-selection, 26-bet combination from other types of bets. 

How Many Bets In a Canadian?

A Canadian bet consists of 26 individual bets. These are made up of: 

• 10 Doubles
• 10 Trebles
• 5 Four-Folds
• 1 Five-Fold Accumulator

This structure allows multiple ways to potentially win from just five selections. 

How Much Is a Canadian Bet?

The total cost of a Canadian bet depends on your stake per line. Since there are 26 individual bets, if you choose to stake £1 per line, the total cost would be £26. You can adjust the stake amount to fit your budget, but always remember that the total stake is the bet per line multiplied by 26. 

Understanding these basics can help you decide if a Canadian bet is the right choice for you. This blog post is for educational purposes only and is not to be taken as gambling advice. Always do your own research before placing any bets, and always gamble responsibly.