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Best Ante Post Betting Options – What Are They?
Have you ever heard of ante post betting? If not, you’ve certainly come to the right place. And if you have, we’ve still got some important information to share with you. First and foremost, ante post betting needs to be defined correctly. So – this form of betting involves backing a horse before the official race list has been revealed. Now, this needs to be done at least 24 hours prior to an event taking place for it to be viewed as an ante post bet. For that reason, these kinds of wagers are often referred to as futures wagers too.
The theory behind this kind of betting is that you can secure better odds for individual horses. That’s because there are more variables to consider for long term betting compared with short term betting. And in terms of your best options, this definitely involves wagering on larger horse races such as the Grand National, for example. Not only is it easier to predict which horses will be running, but since these are such high-profile races, more information is publicly available.
You can then use this information to decide what ante post bets you’d like to make. But of course, there is more to ante post betting than merely understanding what it is and what your best options are.
Advantages of ante post betting
Most online sportsbooks support this form of betting. This in itself shows that ante post betting is highly popular both within the UK and overseas. Of course, when some form of betting is quite popular, there are usually some specific advantages involved. We’d like to share those now:
This is one of the largest advantages of this kind of betting. When you back a horse so far in advance, the odds can often be much better. There are many reasons why this is the case. Firstly, the exact horses that will compete have not yet been revealed, which pushes the odds up. Secondly, the further out you place your ante post bet, the higher the odds since more things could go wrong for that horse in the meantime. Examples here include injuries, poor form, and more.
And if you have some insight ahead of an event, you might notice that the odds are higher than they should be. As the race approaches, the more people that become aware of important information, the more that particular horse might get backed. This actually decreases the odds.
The reason that there are more options with ante post betting is that the participants for a race haven’t been revealed or confirmed. Automatically, this means that there will be a wider selection of horses for you to bet on. That’s because bookmakers also don’t know who will participate in any individual race, which is where the ante post markets become of significant importance. And as the event comes closer, public information will get revealed that will ultimately strike some horses from the list.
Possible trading strategies
Without getting super technical, ante post trading is quite common. Experienced sports bettors might back a horse with full knowledge that the odds will decrease closer to the time of the event. That’s because people will start to follow the ‘smart money’. Bookmakers respond to this by reducing their exposure, which is done by decreasing the odds. But if you’d already made an ante post bet and the odds start to decline, you could cash out a bet before the race even begins.
You could also take a cashout here and then trade your available funds for a separate horse. This is obviously slightly more complex than standard horse racing betting, and it is usually done on exchanges such as Betfair.
Disadvantages of ante post betting
Like most things, there are disadvantages to also consider. Without wasting any time, let’s get right into them:
Bets can lose before the race begins
This is one of the main disadvantages of ante post betting. If you pick a horse that ultimately doesn’t participate in the race, your bet will simply lose. Some people think that an ante post bet becomes void in this situation, but that’s actually not true. Most bookies will consider the wager as a lost bet, and of course, you’ll then lose the money.
The risk that the odds might move in the wrong direction
While we’ve talked about odds decreasing closer to the time of the event, odds can also move in the other direction. This is bad from the perspective of cashouts, as you probably won’t be offered one should this happen. However, it’s also bad from the perspective of your profit potential. If you backed a horse with an ante post bet at 2.00, should the odds move to 4.00 prior to the event, you could’ve doubled your potential return by waiting.
More variables to worry about
By nature, futures bets can be made weeks or even months in advance. With so much time between your bet and the race itself, many things can go wrong. Of course, many things could also go right, but who really knows what the future holds?
Where to engage in ante post betting
Ante post betting is available at most major bookmakers in the UK, but here are our recommendations:
- William Hill
- Paddy Power
Each of the betting sites listed here is licensed, reputable, and fantastic for horse racing betting in general. They all tend to provide competitive odds for racing markets, including the ante post markets. And in addition to this, they support features such as streaming, cashouts, enhanced odds, cashback incentives, mobile betting, and so much more.
If you do not yet hold accounts with any of these bookmakers, you also get the benefit of snapping up a solid welcome offer. You can even use your welcome bonus to make an ante post bet and test the waters! But that’s entirely up to you.