There are many ways to wager in sports, apart from choosing a given team or horse to win an event. One of the most exciting methods of wagering is to combine a number of selections for greater possibilities of winning and payouts at higher odds. When wagering is conducted to include all available multiple bets over a given number of selections, it is commonly known as a “Full Cover Bet.”
The components of such Full Cover Bets are various “accumulators”—bets placed on two, three, four or more selections in different events. For an accumulator to pay a return, all of the selections must be successful. In the United States, accumulators are referred to as “parlays.”
The two most common accumulators are the Double and Treble. The Double is a bet placed on two selections (A & B) in different events, in which both selections must be successful in order to receive a return. If either A or B loses, the stake is lost.
The Treble is a bet placed on three selections (A, B & C) in different events, and all three selections must be successful in order to receive a return. Again, if only two of the three succeed, the entire wager fails.
With this in mind, a Full Cover Bet can be best understood as any wager made up of all possible doubles, trebles and accumulators across a specified number of selections. In the United States, this is also called a “Round Robin Parlay.”
Full Cover Betting is so popular that nicknames have been given to the most popular versions, such as Trixie, Yankee, Super Yankee, Heinz, Super Heinz and Goliath. They are defined as follows:
Trixie – A popular type of full cover bet made up of four wagers on three selections in different events. It includes three doubles and one treble—AB, AC, BC and ABC. At least two of the selections must succeed to receive a return.
Yankee – A full cover bet made up of eleven wagers on four selections in different events; It includes six doubles, four trebles and an accumulator—AB, AC, AD, BC, BD, CD, ABC, ABD, ACD, BCD and ABCD. At least two of the selections must succeed to receive a return.
Super Yankee - Also known as a “Canadian,” a full cover bet made up of 26 wagers on five selections in different events. It includes ten doubles, ten trebles, five four-fold accumulators and one five-fold accumulator. At least two of the selections must succeed to receive a return.
Heinz – This is a wager made up of 57 bets covering six selections in different events. It consists of 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and one six-fold accumulator. At least two selections must succeed in order for a return to be received.
Super Heinz – This is a wager made up of 120 bets covering seven selections in different events. It consists of 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, seven six-fold accumulators and one seven-fold accumulator. At least two selections must succeed in order for a return to be received.
Goliath – This wager is made up of 247 bets and covers eight selections in different events. It consists of 28 doubles, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, eight seven-fold accumulators and one eight-fold accumulator. At least two selections must succeed in order for a return to be received.
As noted, each of these requires at least two successful picks in order to yield a return. Bettors who wish to have even greater coverage can add single bets on each selection so that only one correct pick is required. Full Cover Bets with Singles also have exotic names, such as Patent, Lucky 15, Lucky 31, Lucky 63, Alphabet, and so on.