Horse Antepost
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Hi,
Can someone please explain how an antepost market differs from other markets.
Thanks
Can someone please explain how an antepost market differs from other markets.
Thanks
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Replies: 8
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in short, its sh!t or bust. If your horse is a non runner its classed as a 'runner' for the purposes of an AP market - hence the sometimes bigger prices.
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i see, bit of risk and reward then.
why is the book at 104% though? |
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Careful buddy, I fell into this trap when I first started out!
Some horses will apply to run but will be "balloted out" and the layers will have to refund the backers. The book is really less than 100%. GL |
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Layers only keep the backers money if the horse is scratched by its connections.
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Cheers Charlton - laying the book isnt really my thing - but just looking to learn a bit about Antepost etc. So effectively those horses have entered - but not all will run because of an official choice as opposed to pulling out at the last minute at the trainers discretion?
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Correct. If trainer declares horse, but its 41st on the list, its money back for AP backers, if its not declared then classed as a loser.
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Thanks fellas - I did not expect an easy reply! its not some forums way! good on ya
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Thats right.If 45 ask to run then 5 have to come out (based on the racecard number I think) and layers would have to refund bets on those 5 leaving their book most likely under 100%. I think the place market was around 430% earlier!
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