Our Guide To Betting On Horse Racing Ante Post
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Learn all about ante post betting on horse racing
In betting, there’s a special sense of satisfaction when you take a punt on horse racing ante post and it comes off. You’ve sat on a fancy for days, weeks or even months and the gamble is landed. It’s a horse racing betting system that requires wisdom, foresight and above all patience as like as not you won’t be getting your winnings any time soon after placing the bet.
This article is designed to help you understand what ante post horse racing betting is all about. In America, they call it futures betting and that’s a very good way of thinking of it. Unless it’s a wager placed in running, then all bets are in fact on future events, but ante post racing gambles are often on horses that aren’t running in the immediate future.
Broadly speaking, ante post betting on horse racing is on any market before final declarations are announced for a particular event. Ante comes from Latin and means before. Post, meanwhile, is a reference to the Betting Post that would be present on all racecourses back in the 19th Century that was a literal signpost to signify the beginning of fixed odds betting.
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What you need to know about ante post betting
That’s one thing to note about horse racing ante post betting straightaway. Bookmakers are not fixing the odds to what is available on course. There is a sense of competition between firms, then, as traders set the prices which will vary from bookie to bookie. You’ve just got to find the sportsbooks offering the biggest odds at the time. While you may get better odds than a horse is returned at on the day of the race, ante post horse racing betting cannot be covered by the best odds guaranteed you get from fixed odds on the early and board prices on the day of the race.
This is one of the downsides of this horse racing betting system. Another is that non-runner no bet promises don’t apply to ante post racing wagers. In other words, if the horse you’ve bet on doesn’t run in the race you’ve bet on it in, then you have lost the money you wagered on it.
With that focus on the future, you can bet on events that are months way. There are horse racing ante post markets on major events like the Cheltenham Festival pretty much all year round. Even during the action at Prestbury Park, you can get odds for next year. This is because there are novice races and then the winners are possibly coming back 12 months on in open company. Arkle Challenge Trophy winners, for example, can often race in the following season’s Queen Mother Champion Chase if sticking to two miles over fences.
If you like the look of a horse for a certain race, believe it has the right credentials or ability to land the spoils but it’s not until weeks or months into the future, then you have two choices. You can either wait until nearer the time and back it, risking a less attractive price , or stake in the ante post betting on horse racing.
There are pros and cons to this horse racing betting system then. One factor that can be a pro or con is events elsewhere not even involving the horse in question can change the odds on your fancy. If a rival wins a big race trial for the Grand National or a Classic on the Flat, then it can push the price of the horse you’ve backed on out. As you can’t get the best odds guaranteed and take the price available at the time, this means you can miss out on extra value.
It can also go the other way with horse racing ante post betting. Say you back a horse to win a big race at the Cheltenham Festival and it wins others in between, reducing its odds. You’ve got the best value by taking the ante post price before on what now looks a good thing. Remember, this type of bet isn’t available for cash out, so you’ve nailed your colours to mast. Always be sure of what you’re gambling on and know the additional risks attached to ante post wagers.