Ante Post betting allows punters to place wagers on outcomes long before the event occurs, typically offered for major sports events like horse racing or football tournaments. This betting strategy can provide greater potential returns due to the increased risk of uncertainty, as the event may undergo changes, such as injuries or changes in form, leading to fluctuations in the odds. It’s important to note that these bets are often non-refundable, meaning if the chosen horse or team does not compete, the bet is lost.
Ante Post Example
For instance, if a horse is priced at 10/1 in an Ante Post market to win a prestigious race a few months away, a bettor can place a wager at that price. However, if the horse is withdrawn from the race due to injury shortly before the event, the bet is void, and the punter loses their stake.