Ante post betting
Ante post betting is a very simple concept, but it contribute towards a number of broader topics and questions detailed below.
Antepost betting, is simply betting before a horse race, up to the point that it has been finalised with the list of official runners. That process is known as an overnight declaration, when the final list of runners is named.
Betting before the overnight declaration, is betting on the antepost market. As soon all runners have been declared, official betting markets are open and normal bets resume.
Up until recently it was a risky bet and therefore an opportunity to earn bigger odds. For example, if a horse wins a pretty standard race and is touted for one of the bigger races, the bookies start to tempt punters into taking the risk on whether it will be entered for that big race or not. The impulse comes from the bigger odds, like offering 20/1 3months before the race when in all likelihood if it actually does take part on the day it should be lower, let’s say 6/1 hypothetically.
As a punter you take the risk on whether it will run or not, and whether other better horses end up entering. If the horse doesn’t actually enter that race it’s a non-runner and traditionally goes down as a loss, so you lose your stake – but that may have changed!!!
Traditionally no, an antepost non-runner is settled as a losing bet, but that is entirely down to the bookmakers. Up until recently it was standard that all non-runner ante post bets were losing bets. But at some of the major events recently, bookies declared non-runner no bet specials on some of the ante post markets.
No bet means its void, therefore you got a refund. Bare in mind this was deemed a special promotional offer on certain races, like the Cheltenham Gold Cup and is not standard practice. Currently, officially, if you bet ante post on a horse and it doesn’t run, assume you’ve lost your bet and your stake.
Ante post can be normally found by either searching the exact race you want to bet on whilst on your chosen online bookmakers website or by navigating to the ante post or future racing sections. Again you’re looking for specific races within those categories like the Grand National or The Derby and they must be future races, listed before the overnight declaration.
It should be like betting on a normal race card with either singles or e/w markets available. As they are treated as normal single bets, they can often be combined into multiples like a double, treble or acca.
Paddy Power's Views on the subject
I have placed my bet on the Non Runner
If you have placed your bet as an Ante Post bet, your bet will be settled as a loser. For more info on Ante Post Betting click here. If you placed your bet after we went ‘non-runner no bet’ you will receive your money back as soon as your non runner is declared.
If you have placed an Accumulator and your bet is not Ante Post, the line related to the non runner will be void but the rest of the lines on the Accumulator will still stand.
My bet is a winner
- If you have placed your bet before Final Declarations (usually 24/48hrs before the race), your bet will be settled as a winner and there will be no deductions.
- If you have placed your bet after Final Declarations (usually 24/48hrs before the race), your bet will be settled as a winner but Rule 4 applies, meaning that there will be a deduction on your winnings. This only occurs if the horses that are non-runners have odds of 14/1 or less.
My bet is a loser
Sorry to hear that! We hope you have more luck next time.
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Ante Post betting is when a market exists in advance of an event.
Generally in horse racing or greyhound racing ante post betting takes place before the final declarations of that race (usually 24-48 hours before the race). For Cheltenham and the Grand National, we got non runner no bet a lot earlier!
Unless otherwise specified all selections that are non-runners are counted as losers. However, if a horse is included in an ante post market and does not run no Rule 4 is applied.
E.g. If you backed Faugheen to win in the ante post market for the Champion Hurdle, then this would be settled as a loser and your bet stake would not be returned.
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The post time in horse racing, is quite simply when the horse race is signalled to start, it is normally called with the ringing of a bell. Its that short period of time between jockeys mounting in the parade ring, getting to their starting position and beginning the race.