Ante-Post betting takes place on the outcome of future sporting events. This activity is known as Futures betting in the United States. Typical Ante-Post bets are on the winners of a league in football or tournament in golf and tennis. Bookies update odds after each program of matches or round in other sports. The most popular Ante-Post market is the outright winner of the Premier League in England.
Ante-Post Betting Markets
Here are three of the most popular Ante-Post betting markets:
The win bet is the most basic of the Ante-Post markets. It is the single bet on the winner of a league or tournament. The team or player must win the event for the bet to be successful. Bookies update odds throughout the tournament and customers have the opportunity to place cover bets on other outcomes or cash out the bet.
An each-way bet is, in fact, two bets: to win an event and be placed in an event. Bets are settled on place terms, and the most popular are one fifth the odds for the first three places. If the win price is 20/1, the place element is 4/1. Some bookmakers offer enhanced place terms for the major events in a number of sports.
Ante-Post bets can be singles, doubles, trebles and accumulators. Any bet with four or more legs is called an accumulator. The odds are multiplied, which means there is the potential for decent return from a small stake. Usually, the maximum number of selections in an accumulator is 15, and the bet can be win or each way.
Sports and Events for Ante-Post Betting
Here are three of the most popular sports for Ante-Post betting:
Football attracts more Ante-Post bets than any other sport. The most bet on outright winner markets are for the English Premier League, Champions League and World Cup. Leicester City were backed in Ante-Post markets at 5,000/1 to win the Premier League in the 2015/16. They did lift the trophy in the biggest upset in the history of sports betting. Small staking punters won jackpot amounts but some cashed out before the end of the season.
Bookmakers issue Ante-Post markets for the winners of upcoming Grand Slam tournaments. Many months ahead of the events tennis bettors can place Ante-Post bets on the winners of the Australian Open, French Open, Wimbledon and US Open. Bookies update odds for each player after each round. The odds are based on form, injuries and weight of money. Customers can bet on the winner of the tournament before the action begins and after every match.
Bettors like to place Ante-Post bets on future major horse races. The biggest turnover is on championship races at the Cheltenham Festival and Group races at Royal Ascot. There is also a great deal of Ante-Post betting on major individual races like the Grand National and the Classics on the Flat. Ante-post bets are lost if a horse is withdrawn up to the day before the race. Some bookmakers offer non-runner/no bet in the weeks leading up to some of the top Ante-Post races.