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How do you calculate a Canadian Bet?

Like a number of multiple option wagers, the appeal of Canadian betting is the good returns on offer for placing bets on lots of selections, only some of which are likely to succeed. So even at just £1 per stake your total outlay will be £26. But with a typical series of horse-racing odds, a win only Canadian could perhaps net you around £120-130 if you back just two winners. And should you sweep the board, your £26 bet could produce perhaps a £25,000 return.

If you’re happy going for a high win but still want to see a return if you fall short, a Canadian could be the way to go. The best way to assess your profit on any given wager is to check the returns using an online Canadian bet calculator.

Bet Breakdown

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What is a Canadian bet?

A Canadian bet explained: This (almost) full cover bet is essentially a step up from a yankee. With a Canadian bet there are 26 bets across five different events. Sometimes called a 'Super Yankee', this wager involves 10 double bets and 10 trebles, plus a four fold and a five fold bet accumulator. And to trigger a winning payout, at least two or more bets must be successful.

Though a Canadian bet is very popular with horse-racing fans, it can also be applied in other sports too. A Lucky 31 bet is somewhat similar to a Canadian, because each contains five selections. However, Lucky 31 is the only one which incorporates single bets within its framework.