Many people will be familiar with the process of placing a bet, yet many are unaware of how many different types of bet one can place. Understanding the benefits of the various options is key to securing a maximum return as well as being crucial to minimising risk. Placing a weekend football accumulator has long been a pillar in the betting patterns of the everyday punter, whilst placing an accumulator bet is a simple way to get a huge potential return from a small stake, they are a very risky, all or nothing type of bet. Punters often find themselves only one or two selections away from a big return, freebet in these cases if a full cover bet had been placed then there would normally always be a profitable return on the bet although this depends heavily on the odds involved and the amount of selections chosen. Despite the fact full cover bets such as Yankees and Canadian require a larger outlay on behalf of the punter they are a safer way to provide a consistent return. Here is a quick explanation of the different type of full cover bets available.
Canadian / Super Yankee: This bet is a series of 26 bets covering 5 selections in different events. The bet is made up of 10 trebles, 10 doubles, 5 fourfolds and a straight accumulator. Your returns vary based on the number of the 5 selections being correct, you need a minimum of 2 get any return.
Goliath: Similar to a Canadian although this bet consists of 8 selection made up of 247 bets – 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and a straight accumulator.
Heinz: Similar to a Canadian except this type of bet is on 6 events and is made up of 57 bets, these are 15 trebles, 15 doubles, 6 fivefolds, and a straight accumulator.
Super Heinz: This bet includes 120 bets on 7 selections and consists of 21 doubles, 35 trebles, 35 fourfolds,21 fivefolds, 7 sixfolds and 1 straight accumulator.
Yankee: This is a bet placed on 4 events and consists of 6 doubles, 4 trebles and 1 straight accumulator, again 2 selections must be correct in order to win, the more selections that are correct the more you win.
With all of the above bets if just two selections win there will be a return on the stake however it is important to realise that even though a return is more likely when placing these bets if only two out of six selections return for example, then it is unlikely a profit will be achieved although the return will still allow for a minimising of losses. The full cover bet is an intelligent way to ensure that any betting balance can tick over whilst creating healthy profits and avoiding the up and down nature of simply backing straight accumulators at large odds.