There are two kinds of split/Y cables, actually...
Mono split: This works with any bass. A Y-cord plugs into the standard jack, and splits the mono signal into two signals, for separate processing. The original signal is weaker due to being split in two, and usually (but, not always) requires some means of boosting the signal, further up the chain.
Stereo split: This requires a stereo jack at the bass. A Y-cord plugs into the stereo jack, sending the signal from the neck pickup to one amp, and the bridge to another. Standard on 4001/4003 Rickenbackers, and a few others (mostly vintage basses from the 80's and a few custom basses, going forward). This allows for the bass and treble frequencies to be processed separately, which is the payoff in this design.
You're probably more interested in the former, but I just thought I'd throw this out there, for informational purposes.
You just need to know that there are two distinct kinds of Y-cables, and one kind won't work in the place of the other. There is a mono x (2) mono, and a stereo x (2) mono. Big difference.
Hope this helps. hrb