Ante Post Betting |
This is when a bet is placed on an event in the future. The rules for Ante-Post betting is slightly different to normal rules, this is mainly that if the horse is withdrawn, for any reason, the wager is lost. This means that you may not even have a run for your money, and your bet has gone down.
The benefit or betting in this manner, is that as all non runners are deemed as losers. This means that you will not incur a Rule 4 deduction (see guide) on your price for your horse as other horses get pulled out. If the horse you like at the beginning of the season is 33/1, and then progresses through the season doing well, the price will drop every time it wins a race, and you keep the 33/1. This can mean that a huge price can be had for a horse that ends up favourite on the day that it finally runs.
In recent years most of the major firms offer what they call 'Non runner-No bet' on Ante-post betting on large meetings such as Cheltenham, and The Grand National at Aintree. This is good if your horse gets withdrwn, as you get your money back, but some firms will charge a Rule 4 on your price if other horses are withdrawn. This is to cover the cost of giving money back on non runners.
One point to remember is that there is no 'Best odds' on Ante-post betting, but increasing competition has also seen best odds being offered with Non runner-No bet at about a week before the event. I will always try to alert you as to when Bookmakers go No run- no bet on Ante post betting in the daily email, and of any good offers as they come. |
