Ante Post is a common term used in betting but many don’t understand what it means. In this article, we’ll be explaining what ante-post bets are, how they work and the advantages and disadvantages of ante-post bets.
Ante-post bets are simply bets which have been placed in advance of an event. They most commonly apply to horse racing but also apply to other sports such as football, tennis, golf and more. In the U.S, ante-post bets are referred to as ‘future bets’.
Advantages Of Ante-Post Betting
The main attraction to ante-post bets is that you can usually get much bigger odds than if you waited close to the time of the event. The reason why you are generally offered bigger odds with ante-post bets is that there is an increased chance of your selection not winning or even being involved in the event.
For example, if you placed a bet on a horse running in the Grand National 1 month before the race, you may get offered odds of 50/1 whereas if you were to place a bet on the day of the race, you may only get odds of 20/1. This is because during that 1 month gap, your horse may be pulled from the race for a number of reasons such as illness, injury or other.
Ante Post betting is mainly used in horse racing and especially for major events such as the Grand National and the Cheltenham Festival. Punters select in advance which horses they think have the best chances of winning and are able to get significantly higher odds with ante-post bets compared to if they waited until closer to the time of the race.
The Risks Of Ante-Post Betting
In the majority of cases, should your selection not participate in the event, you will not receive your stake back. This is the reason why you are generally offered bigger odds with ante-post bets.
Bookmakers occasionally run offers where you can receive your stake back if your selection does not compete and these are usually available on big horse racing events.
Some reasons why your selection may not compete are:
- Your horse gets injured or ill before the race
- The owners decide not to enter the horse into the race
- The race is abandoned
- When ante-post betting on football or tennis, such as for a major tournament, your team or player may not end up qualifying.
Overall, the risks are a lot greater with ante-post bets but the rewards are also.
There are advantages and disadvantages to ante-post betting. The main advantage is that you are able to get much bigger odds with ante-post bets which attracts many people to them. However, the disadvantage is the risk and the potential to lose your stake should your selection not compete for whatever reason.
If you are interested in placing an ante-post bet on an event, be sure to check to see if there are any betting offers available which result in a refund should your selection not participate.
One bookmaker which offers these type of betting offers is Bet365. If you don’t have an account yet, make sure to take full advantage of their welcome offer from which you can receive up to £100 in bet credits.