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Ante post betting is often seen as a chance for betting bravery to be rewarded. It certainly provides punters with the chance to get some excellent prices on a whole host of sporting outcomes but it comes with its own pitfalls. Historically, ante post betting took place before the on course markets opened up at horse and greyhound meetings.
As with all forms of gambling, things have changed considerably with the growth in online wagering, so our guide takes a look at everything you need to know about the way ante post betting in horse racing operates now. What is Ante Post Betting? Ante post betting differs from pre-play and in-play betting in a number of ways. The first step to profiting from ante post betting is understanding exactly what it is, how it works and which rules must be followed.
Long Term Betting Ante post betting is most closely associated with horse racing but it is also very popular in other sports such as football, golf or tennis when it is most commonly called futures especially in the US or outright betting. Whatever the sport, the easiest way to think of ante post betting is as taking an early, long term position on a sporting outcome.
When it comes to horse racing, ante post betting markets are priced up some time before the day of the race in question. For the biggest races such as the Cheltenham Gold Cup, The Derby or the Grand National, the bookies will price up their ante post market up to one year before the race and allow punters to place bets on the winner throughout that time.
Outright betting in other sports is a little different. The outright market on the Premier League winner runs the whole way through the season but in horse racing each ante post market will have very clear rules about when the ante post betting period ends.
This is typically once all the runners for a race have been finalised and at this stage the rules for bets switch to standard ones. Pay Attention to the Rules Perhaps the most important thing to note about ante post betting markets is that they have different rules to normal markets. Take non-runners for example. In a normal horse racing market offered on the day of a race, Rule 4 applies to non-runners. This means that winning bets are paid out at reduced rates and any bets on horses that do not run are made void, but that is not the case with ante post betting.
Bets placed on a horse in an ante post market are settled as losers if that horse does not run in the race the exception being when a horse is balloted out of a race. It is for that reason that the first consideration before backing a horse in an ante post market should be the likelihood of that horse running.
Traditional bookmakers will offer different markets for ante post bets and bets placed on the day of a race so it is easier to see exactly what type of bet you are placing. That is not always the case with betting exchanges. Generally, the exchanges will change the rules from an ante post market to a normal market at the final declaration stage. This is most often between hours before the race but can vary so it is vital to pay close attention to the rules and name of the market before placing a bet.
These terms are generally offered in the weeks leading up to the race where the extra insurance increases the activity in the ante post betting markets. Pros of Ante Post Betting Ante post betting is incredibly popular with some punters due to the opportunities for profit that it provides.
But what is it that attracts punters to try and win from their long term bets? Here are the various pros of ante post betting. Better Odds The most obvious benefit of ante post betting is that the odds available are usually better than the odds you would get nearer to the time of the race. All ante post betting are closed when the final declaration stage is finished.
This policy states that your money will be refunded if your selected horse does not run in the scheduled race. On the contrary, if the bet was placed during the ante post and the chosen horse does not participate in the race, you automatically lose and no refunds will be given. Because the bet is void, stakes are also lost.
This is the major disadvantage of ante post betting. Bets are accepted all in, whether the horse runs or not. Bigger Odds Apply Despite the drawback, one advantage of horse racing ante post betting is that it gives the punter greater rewards than waiting for the final declaration.
This is because horses are priced differently and usually higher. A group of experts or bookmakers does this by setting up a starting price based on the prevailing betting odds on ante post market. This is determined according to the consensus of all bookmakers based on the fluctuating prices at the race track. The main function of having a starting price is to know the return bets won during the horse race.
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