Canadian Bet Explained

When learning about system wagers, a Canadian bet is one of the options that come up. It is a practical solution when you wish to bet on five selections. Also called a Super Yankee, a Canadian bet can appear complex, especially for beginners. Therefore, it helps to try free betting first before gambling real money. This guide explains Canadian betting in football, horse racing and other sports to help punters get the most value from their stakes.

Best Bookies for Canadian Bets

Although a Canadian bet is fairly common, not every betting site night be the best suited for it. So, we compiled a list of top bookmakers that support Canadian bets. All our recommended sportsbooks are licensed and registered. Check the availability of bonus offers and free bets to boost your gambling into a win.

What is a Canadian Bet?

You might not know about the Canadian bet right away when you get into sports betting, but you will in a while. Wagering on multiples is one of the ways to maximise winnings, so punters are always looking for these bet types. A Canadian is a bet that allows you to wager on five different selections with 26 equal wagers. It is considered an advanced form of the Yankee, hence the name Super Yankee. Horses are the most popular markets for Canadian bets, but they are suitable for a host of other markets. The five events on the wager form 10 doubles, 10 trebles, five four-fold accumulators and a five-fold. In an example where you want to bet on events A, B, C, D, E, the combinations would look like this:

10 x doubles with bets like A+B, A+C, A+D, and so on. 10 x trebles with combinations like A+B+C, A+C+D, A+D+E, and so on. 5 x four folds with bets like A+B+C+D, A+C+D+E, B+C+D+E, and so on. 1 x five-fold with all selections – A+B+C+D+E

With a Canadian bet, you need two selections to win to see a return. With every successful selection, your winnings multiply, which is part of the appeal of gambling on multiples. If all five picks were to win, then you would pocket an attractive return. The Canadian does not include single bets, meaning that it is not a true full-cover bet. Hence, one winner from your wager would not generate any payout, unless the bookmaker is offering some kind of bonus on singles. As is the case with system bets, the Canadian is an alternative to an accumulator that would combine all these events in one bet. In traditional accumulators, you need all your selections to win to see a return. So, despite the bets having big potential profits, they are too rigid. The Canadian is designed to give you more room for error when betting on five events.

How Does a Canadian Bet Work?

With the basics of Canadian bets explained, you have an idea of what happens if you wager on this bet type. Demystifying the Canadian is only the start. By the end of this guide, you should be able to place a Canadian on desired selections. So, you know the number of double, treble, four-fold and five-fold bets that make up a Canadian. Placing them should not be too hard. You only have to identify the five events that you intend to wager on.

Then you can add them to your bet slip, click on the permutations section and input the unit per bet. As with all multiple bets, you can wager on a Canadian as win only or each way. Betting each way means that you are staking cash on a particular choice to place or win. Therefore, you end up with twice the number of bets. Although the initial investment is higher with an each-way Canadian, the potential payouts can be extremely rewarding.

You don’t have to dive right into Canadian betting if you are still unsure. Free bets and no-deposit bonus promotions are excellent ways to practice this wagering system. Of course, the wins from free wagering might not always be available for withdrawal. When betting a Canadian, you don’t have to fret about assembling the permutations yourself, the bookmaker does that automatically. You should focus on finding the most suitable selections for a Canadian bet. The Super Yankee works when gambling on markets with short odds. The different combinations enable you to multiply returns, thus getting more value.

Win with a Canadian Bet

A Canadian starts bringing in a return with two winning picks. The point of using combinations is to boost potential payouts as much as possible. However, you can’t always be certain that your choices will win. Spreading out your wagers in a Canadian bet covers most of your bases. If two of your selections wins, then you have at least a double bet that will pay. The size of your payout depends on the successful bet.

For example, you would make more profit if one of the four-fold wins rather than a treble. Although two winners generate a return, you have to know that it is only a small percentage of your total stake. It would take at least three selections to win to get a profit. Of course, the market odds also matter a great deal. Even though a Canadian does not depend on big-priced picks to see a return, take the time to find the best odds.

Note that in horse races, if one of the participants is withdrawn, then the rule four deductions apply. Therefore, you would receive a smaller return than anticipated if a non-runner wins. A Canadian bet can be lucrative if all the picks turn out well. For this reason, bettors should be cautious about the events on which they choose to bet.

With 26 bets in your wager, working out your payout can be daunting. A Canadian bet calculator makes this easy. You only have to input the odds and stake to get the return from winning selections. The tool allows you to work win-only and each-way wagers. Punters have numerous free bet calculators to choose from online. Look up the features of a free bet calculator to ensure that it suits your needs. For instance, you can find a free application that includes rule four automatically.

Our Conclusion to Canadian Betting

Betting on several events can be challenging, especially when looking to get the most value from your bankroll. A Canadian bet is one of the wagers to consider. It is suitable when gambling on five different selections. If you are confident about getting two or more picks correctly, then this wager might be for you. The Canadian bet allows you to string several multiple bets together, thus saving you the restrictions of a traditional accumulator. However, you need to be strategic about how you bet if you are to squeeze maximum value from a Canadian bet. Note that a Canadian has a higher risk than a Lucky 31 due to the lack of singles.

After reading this guide, you should be better equipped to bet a Canadian. However, understand that this bet type doesn’t work for everyone. The number of bets alone will have most punters thinking twice about using the system wager. Also, there is the cost of the bet, which can be high depending on how much you wish to stake on a single wager. Therefore, analyse your gambling requirements keenly before staking money on a Canadian bet. Look through various examples to learn how to calculate potential returns from the wager. Ensure that you find reputable and regulated sportsbooks that support combination bets. Whatever sports you intend to wager on, compare odds to find the most competitive offerings. Also, look for bonus offers because they can boost your earnings significantly by letting you stake bigger amounts on your wagers.

FAQs to Canadian Betting