Ante-post bets are risky but come with big rewards, which basically sums up gambling, of course. However, with an ante-post bet, this is emphasized even greater as all you’re effectively doing is betting on a race/horse before the market is opened, so the chances of winning are slimmer and your bet will not be voided if they fail to run, unlike if you bet online.
Of course, this means more money and bigger odds if you win, even if it’s on the favorites. Here, we will touch on the positives and negatives of an ante-post bet.
Positives of Ante-post betting on horse racing
As the negatives of an ante-post bet are relatively easy to understand, such as lack of a refund, the positives are also clear as day! Ultimately, you will get a greater price on the favourites on the day if you bet on them before the market opens, so if you are planning on backing the favourite as you’re certain they will win, doing so on an ante-post bet is a popular method.
Negatives of ante-post betting
The negatives on an ante-post bet are relatively clear. Firstly, your bet will not be refunded if your horse does not run as the market is not open and you’re also, in a way, backing that horse to also run.
Secondly, you may not know that much about the race that is coming up and you could subsequently be betting on something without greater knowledge and research.