Ante post betting is the process of betting on a major sporting event days or even weeks before the event occurs. While ante post betting is popular in football, it is most popular in horse racing. Since you are betting on the event before it occurs, there are extreme risks that come with ante post betting. Consequently, the increased risk of will also give you bigger odds and more return on your money if you bet correctly.
The biggest risk that comes with ante post betting in horse racing is that you are betting on a horse before the official race lineup is known. Your horse may get injured and not be able to take part in the race. They may also decide that the horse is not going to enter the race. If either of these events occur, then you will ultimately lose your bet without having your horse race in the event. Waiting until the day of the race will eliminate this risk associated with ante post betting, but you will also receive lower odds on your horse.
There are some online bookmakers that will allow you to receive your money back if your horse does not race in the event. This is usually only done on the largest horse races of the year, like the Grand National and Cheltenham Gold Cup, in the business this is usually referred to as going ‘No Runner – No Bet'. Normal Ante-Post rules are often suspended in the week before big races like the Grand National. Paddy Power usually offer an extra 5th place on Grand National each way bets, but this offer normally doesn't apply until 7 days before the race.
Many professional punters choose ante post bets on horse racing because it is the ultimate test of skill. There is no better way to test your knowledge than picking a winning horse days or months before the race. It is extremely difficult to win an ante post bet.