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A Canadian line is a complex type of accumulator bet which consists of five selections combined in such a way that the bets in question eventually come to 26 in number, consisting of 10 doubles, 10 trebles, five fourfold accumulators and one fivefold accumulator. It is also known as a Canadian Bet and sometimes as a Super Yankee. It is not quite what is known as a full coverage bet, as it contains no single bets, and the advantage it offers over a standard accumulator is that it will pay back something if only two of the selections are successful.
It needs to be remembered that in a Canadian line, 26 separate bets are being made, and so an initial stake of £1, for example, will become £26 when the bet is actually placed. Having chosen five horses to bet on – although a Canadian line can be bet on any sport – a bettor could opt instead to place a five-fold accumulator and make a higher profit if all five bets are winners. The fact that only two picks in a Canadian line have to be successful to generate a return means that bettors feel more able to back some picks at slightly higher odds, whereas the all or nothing nature of an accumulator tends to lead to a safety-first attitude. These higher odds start to pay off in the form of larger winnings if some of the separate doubles, trebles and accumulators are successful. Canadian line bets can also be placed as each way bets, although the sheer number of possible permutations which this opens up is such that even seasoned sports bettors will probably opt to use an online calculator. The other factor to bear in mind is that the stake placed on an each way Canadian line bet will be double.
The secret to making a successful Canadian line bet is balancing out the additional expense with the increased coverage. The best advice is to make an in depth study of everything from the courses and jockeys to the recent form of the horses, and if enough sections of the bet are successful, highly impressive winnings can be generated.