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Canadian Bet Calculator
Some may know the Canadian bet as a 'Super Yankee' bet. This bet consists of five selections consisting of 26 different bet types. This also means that the entered stake is multiplied by 26 to calculate a total stake. The division of a Canadian bet is as follows:
- 10 doubles
- 10 trebles
- 5 four-fold accumulators
- 1 five-fold accumulator
How does the Canadian Bet work?
When looking to place bets online, the Canadian bet is a relatively complex bet for new customers and bettors. For those more experienced, they will make comparisons to Yankee bets or Lucky 15's. However, the Canadian bet is a larger bet than both Yankees and Lucky 15's. One common error is bettors failing to realise the impact a Canadian bet can have on your stake, if bettors wish to place a £10 bet, they must put £0.38p in the stake section of their bet.
How to use the BetUK Canadian betting calculator?
If you're looking to calculate your potential winnings, you won't find an easier way to do so than BetUK's Canadian betting calculator, on this page you'll be able to find the functionality for the Canadian bet ready for you on-page. As the Canadian bet type is a very specific betting type, we recommend knowing exactly what the bet entails before placing one, read about the bet type below before using the calculator above. Here is a step-by-step guide on how to use our betting calculator at BetUK.
Step 1: As the bet calculator is already set to 'Canadian, your first step will be to select whether or not your bet is an "Each Way Bet". This will be shown on your betslip and has to be selected by the bettor. Same applies for 'Dead Heat' and 'Rule 4'. If you wish to learn more about these terms, check out our betting guides.
Step 2: Select the correct format for your odds, these will either be Decimal or Fractional, this is a step you must do before inputting any odds.
Step 3: Add your total stake into the calculator
Step 4: Input the odds from your bet slip into the calculator and view your potential winnings.
Step 5: As Canadian bets are based around both winning and losing bets, each odds section will have win, lost, void or placed, select the right outcome for each bet, the placed option will only appear if you have selected an each-way bet.
Example of a Canadian Bet
Here we have taken a weekend of Premier League football and converted it into a Canadian bet to give you an example of a Canadian bet.
Bet Slip
- Tottenham Hotspur to beat Leeds United
- Newcastle United to beat Brentford
- Manchester United to beat Watford
- Manchester City to beat Everton
- Aston Villa to beat Brighton & Hove Albion
If you place a Canadian bet, these are the possible outcomes:
If two of these bets won: One double would be a winning bet. If three of these bets won: Three doubles and one treble would be won. If four of these bets won: Six Doubles, four trebles and one four-fold will be won. If five of these bets won: 10 doubles, 10 trebles, 5 four-fold and 1 five-fold accumulator will be won.
Canadian bets have a significantly lower payout than an accumulator but if you're placing bets on five games with high odds, the idea of multiple bets can be an appealing one in your betting slip .
Canadian Bet Advantages
- Multiple bets mean that even if one selection lets you down, you still win.
- All you need to make a profit on a Canadian bet is 3/5 selections to win.
- Easier to calculate in the modern day with the help of a Canadian bet calculator.
- Works well for sports with higher odds such as horse racing
Canadian Bet disadvantages
- Costs more than a traditional five-fold accumulator bet.
- If all selections win, you will receive less funds than what you would for placing it on an accumulator.
- Can be complex to understand how a Canadian bet works for new bettors.
- Poor for sports with low odds such as football.
In what sports are Canadian Bets popular?
Canadian bets are particularly popular in sports where bets can contain high odds, horse racing betting and greyhound betting are the two sports that are most popular for Canadian betting. However, the bet can also be found in sports such as football, as long as your bet has five selections, you will be able to place a Canadian bet and work out your Canadian bet winnings at Bet UK.
What bets similar to Canadian bets can I use with the Bet Calculator?
As a multiple bet, the Canadian bet is often compared to other bets, particularly in regards to a bet calculator. An example of this is double and treble bets, where there are two and three selections in their respective bets. That being said, the payout system is completely different, it is like comparing a five fold accumulator to a Canadian bet, there might be similarities in their numbers but the payout system is completely different. Other bets that provide expansive betting options are patent bets, Lucky bets (15,31 and 63) and a Yankee bet.
If you're looking for a bet calculator for alternative bets, check out our bet calculator page.
What odds format can I calculate with the Canadian bet calculator?
In all of Bet UK's bet calculators, users can input multiple odds formats. There are three options, decimal, fractional and the American odds format, no matter what format you use, the bet details will remain the same.
Odds format example:
Fractional Odds: 5/1
Decimal Odds: 6.00
If formatting a Canadian bet, we recommend using the Fractional odds format as it is the simplest format for conversion. However, you can add any odds into our calculator and get your potential Canadian betting winnings.
What bet types can I find at Bet UK?
There are dozens of bet types that can be found at Bet UK, including:
Free Bets at Bet UK
A common question with the Canadian bet is whether players can utilise their free bets by using a Canadian bet. Here at Bet UK, we have a free bet offer that is finely suited to multiple betting. After signing up to Bet UK, if you deposit £10 and stake it following the terms and conditions of our Free Bet Offer, then you'll receive £30 in free bets back, even if your bet doesn't win! Why is this useful for Canadian betting you ask? Because you will receive 3 £10 free bets, meaning if your original bet doesn't pay off, you still have three more chances to land big wins with Bet UK accumulator bets! To place a Canadian bet using your free bets, place 0.38 in your stake, this will provide a total stake of £9.88 for your bet.
Full T&Cs apply. New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3 x £10 Free Bets credited when you opt-in by clicking the claim button on my offers page. Once the offer is claimed, place your qualifying bet, after the qualifying bet is settled, you will receive your free bets. Free bets must be used on 4 or more selections and are non-withdrawable and stake not returned with winnings. 7-day expiry.