In this guide, we’ll take a closer look at ante-post Bitcoin betting. We’ll explore its benefits for the bettors, and compare ante-post betting markets to the daily betting markets to make your choice easier. You will also find out which sports to use for ante-post Bitcoin betting along with the best tips & tricks from GOSUBETTING. We will highlight the various rules and regulations and answer the most common questions. All this to make sure that you have all the right information to feel confident in your ante-post Bitcoin bets.
What is Ante-Post Bitcoin Betting?
Ante-post Bitcoin betting commonly known as futures is a form of cryptocurrency betting where people place their bets before the actual event. This type of betting is incredibly popular in horse race betting and other sporting tournaments. The term ante-post comes from the Latin term ‘ante post’ used in horse racing derived from the starting post of the race.
With ante-post crypto betting, you can place your bets weeks or even months in advance. Doing this will usually give you higher odds than the ones available closer to the event when there is more information. This does come with a risk though, if the participant or team you bet on doesn’t compete, you’ll lose your bet.
Ante-Post Betting with Cryptocurrencies
Fast Transactions and Low Fees
Cryptocurrencies like Bitcoin, Ethereum, and others are becoming incredibly popular in ante-post betting due to their speed and cost-effectiveness. Transactions with crypto are processed almost instantly, which allows bettors to quickly grab better odds before they change. Crypto transactions typically come with lower fees compared to your usual fiat payment methods. This means more of your bet is being used for betting rather than being lost to transaction costs. This is great for ante-post Bitcoin bettors who want to lock in high odds early and maximize their potential returns.
Private and Secure
One of the significant advantages of using cryptocurrencies for ante-post Bitcoin betting is the privacy and security they offer. When you bet with crypto, you don’t need to share sensitive financial information with the Bitcoin sportsbook. This reduces the risk of data breaches and identity theft. This level of security is important for ante-post Bitcoin bets, so your money gets held for an extended period before the event starts.
Accessible World-wide
Cryptocurrencies break down geographical barriers, allowing Bitcoin bettors from around the world to participate in ante-post crypto betting markets that might otherwise be inaccessible due to local banking restrictions or currency issues. This global reach ensures that you can place bets on international events, securing favorable odds regardless of your location.
Comparing Ante-Post Betting with Standard Betting
When deciding between ante-post Bitcoin betting and standard Bitcoin betting, it’s important to consider your risk tolerance and your betting style.
Risk Tolerance
You should know that if you are very careful, cautious and more interested in ensuring that your betting money is safe and steady at least for a certain period of time then ante-post Bitcoin betting may not suit you.
Value Betting
This kind of betting has some attraction to value bettors, otherwise known as people who are out to find bets that are likely to offer better odds than the real chances of success. As described in numerous GOSUBETTING articles, value betting is the process of identifying selections with odds higher than their actual probability.
Advantages of Ante-Post Bitcoin Betting
Higher Odds
Ante-post Bitcion betting often provides you with higher odds compared to bets placed closer to the event. The increased uncertainty and lack of information early on, lead crypto bookmakers to offer more favorable payouts, making this an attractive option for those willing to take a calculated risk.
Long-Term Engagement
Ante-post Bitcoin betting extends your enjoyment with a sporting event, allowing you to have a stake in the outcome long before it begins. This will increase your overall excitement and interest, as you follow the event from the moment you place your bet until it ends.
Early Market Access
Being in the loop or having a deep understanding of a sport can give you an edge in ante-post Bitcoin betting. Accessing the market early allows you to capitalize on odds that may change significantly as more information becomes available closer to the start of the event.
Improved Money Management
Ante-post Bitcoin betting also allows for more strategic planning and money management. By securing a position early, you can manage your bets more effectively and even hedge your bets later on. For instance, if you’ve secured a strong contender at high odds, you can place more bets as the event nears to guarantee a profit, a tactic known as hedging.
Better Rules
One advantage of ante-post Bitcoin betting is that it avoids Rule 4 deductions in horse racing. While as an ante-post Bitcoin bettor, you wont get your stake back if your pick is a non-runner, you’ll avoid Rule 4, which deducts from bets when a non-runner is announced after betting starts. This deduction typically adjusts the odds in favor of the remaining competitors.
For example, in horse racing, if you place a bet after declarations and your horse becomes a non-runner, you get your stake back. However, if an opposing horse withdraws, the crypto bookmaker adjusts your odds, often reducing potential payouts. With ante-post Bitcoin betting, you minimize this risk, making it a potentially more stable option in certain cases.
10 Popular sports for Ante-Post Betting
When you place ante-post (futures) Bitcoin bets with cryptocurrency, certain sports attract more attention due to their long lead times and the significant value found in early odds. Here are some of the most popular sports for ante-post futures betting with cryptocurrency:
Horse Racing
Horse racing has a rich tradition of ante-post Bitcoin betting, especially for major events like the Cheltenham Festival, the Grand National, and the Kentucky Derby. Bettors often place wagers months in advance to secure higher odds, particularly on promising horses that could see their odds shorten as the race approaches. Cryptocurrencies offer quick transactions, allowing bettors to react swiftly to market movements, especially after significant race trials or feeder races.
Football (Soccer)
Football is one of the most popular sports globally for ante-post Bitcoin betting, with markets available for league winners, top goal scorers, relegation candidates, and major tournaments like the FIFA World Cup and UEFA Champions League. Using crypto, bettors can easily bet with international markets, taking advantage of varying odds across different regions and platforms.
American Football (NFL)
The NFL is a prime choice for futures Bitcoin bets, with markets for the Super Bowl winner, conference champions, and MVP awards. Bitcoin Bettors often place bets well before the season starts or in the early weeks to lock in better odds. Cryptocurrencies ensure instant bets, which is useful during the offseason or draft periods when significant events can shift odds rapidly.
Tennis
Tennis offers a variety of futures Bitcoin betting opportunities, particularly for Grand Slam tournaments like Wimbledon, the US Open, and the French Open. Crypto bettors can wager on tournament winners, finalists, or even specific matchups expected to occur. The ability to bet with crypto provides quick access to international sportsbooks, often with better odds or unique markets not available through traditional means.
Golf
Golf futures are popular for major tournaments such as The Masters, The Open Championship, and the Ryder Cup. Bettors often bet on tournament winners, top finishes, or matchups well before the events begin. With cryptocurrency, bettors can place their bets quickly, especially after key warm-up events or player form updates, which might affect the ante-post odds.
Basketball (NBA)
Some of the futures markets available at NBA are NBA Championship, Conference winners, and season MVP. These are usually staked before or at the beginning of the year, often in the preseason. Through the speed of the crypto transactions, the bettors get an opportunity to take advantage of the existing shifts in the system by early performances or trades likely to change the complexion of the league.
Boxing and MMA
In combat sports, you place ante-post Bitcoin bets on major fights like championship bouts and significant matches in boxing and mixed martial arts (e.g. UFC). The odds can change rapidly based on fight announcements and press conferences. One advantage of using cryptocurrencies is the immediacy of these bets and the ability to bet pseudonymously, a feature embraced in combat sports where market reactions can be swift.
Cricket
Cricket fans often engage in futures betting for events like the ICC Cricket World Cup, the Ashes, and various T20 leagues (e.g., IPL). Bettors can place wagers on tournament winners, series outcomes, and top performers. Crypto offers easy access to international betting markets, which is essential in cricket due to its global nature and the varying odds across different regions.
Esports
Esports, particularly games like Dota 2, CS, and League of Legends, are incredibly popular for futures Bitcoin betting. Major tournaments and league championships often have markets available well in advance. You can enjoy using cryptocurrencies in the esports community, so it’s easy for bettors to engage with a few platforms and benefit from lower fees and faster transaction times.
Rugby
Rugby futures Bitcoin betting is common for major tournaments like the Rugby World Cup, Six Nations, and various club championships. Bettors place wagers on tournament outcomes, top try-scorers, and individual match results. Using crypto allows bettors to participate in these markets quickly and securely. This is especially true in regions where traditional fiat banking might be slow or restricted.
These sports are particularly suited for ante-post betting with cryptocurrency because of their global appeal, the long lead times before major events, and the fluid nature of odds as these events approach.
How Odds Change as the Event Approaches
Ante-post odds can be influenced by other events and results that are happening throughout the year. While we’ll use horse racing as an example, the principles apply to other sports as well. Major races often have related “feeder races” that, while not necessarily qualifiers, provide insight into how participants might perform under similar conditions.
These feeder races can cause significant fluctuations in ante-post markets. It’s not uncommon for a competitor to suddenly become a strong contender after a successful performance in a feeder race, even if they weren’t previously on the radar. As we continue to collect data, we’ll provide more detailed updates on how prices change and what factors are likely influencing these shifts.
7 Easy Steps to Place Your Ante-Post Bet
- Go to your GOSUBETTING recommended crypto Sportsbook: Log in to your account and head to the sportsbook section of the website or app you have chosen to use.
- Choose the Event/Sport you’d like to bet on: Find and select the specific event you want to place an ante-post Bitcoin bet on, such as a horse race, a future sports event, or any other relevant market.
- Choose Your Selection: Within the selected sporting event, identify the participant, team, or outcome you want to bet on.
- Click on the Odds and Add it to Your Bet Slip: Click on the odds associated with your selection, which will add it to your betting slip.
- Ensure Your Bet Slip and Details are Correct: Review your bet slip to make sure everything is correct. At this point, you may need to enter your betting amount.
- Place your Bet: Once you’re happy with your selection and bet, click the “Place Bet” button (or similar) to confirm and finalize your ante-post Bitcoin bet.
- Confirmation: You’ll receive a confirmation message that highlights that your bet has been successfully placed. This message may include details such as a bet reference number for your records.
GOSUBETTING’s Top Ante-Post Betting Strategies
Ante-post Bitcoin betting offers unique opportunities to secure higher odds and bet with long-term betting markets. However, it also requires careful planning and strategy due to the risks involved. Here are GOSUBETTING’s top 10 strategies to help you enjoy ante-post Bitcoin betting successfully:
Research is Key
Ante-post crypto betting requires a deep understanding of the sport, participants, and the event you are betting on. Since you are placing these bets well in advance, staying updated on player form, team news, and other relevant factors is important. Regularly follow industry news, expert analysis, and historical data to make healthy betting decisions.
For sports like horse racing, where feeder races can influence the main event, keep an eye on these preliminary contests. Success in these smaller events can indicate potential performance in the larger race, allowing you to place more strategic ante-post Bitcoin bets.
Look For Value
Look for mispriced odds that were mispriced due to the early stage of the market. This often happens when crypto bookmakers have less information, creating potential value for Bitcoin bettors. For example, a promising but lesser-known horse or an underdog team might have longer odds that don’t reflect their actual chances of success.
The earlier you place your bet, the more likely you are to find value. However, timing your bet to coincide with key information releases (like team selections or injury reports) can also be advantageous.
Diversify Your Bets
Do not use all your ante-post stakes on a single result or event, instead use them across a number of choices or occurrences. It may lower risks when investing in those sectors and improve the likelihood of getting a return on investment.
Mix up and/or include long engagements on high return prospects and engagements on short likely winners with small returns. What is nice about this strategy is that it tries to minimize the risk while at the same time aim to maximize the opportunity.
Hedge Your Bets
When you have a good price on an ante-post Bitcoin bet and you are confident of the result, then you can hedge your bets by taking other bets nearer to the time and certainly ensure that you will get a profit no matter the outcome. For instance, if you have staked a team at a high odds you receive at initial stage, and the odds drop considerably, then you can take a counter bet on the suppressed team or other possible outcome.
This is especially the case with cryptocurrencies because they are great for hedging bets due to the fact that you can trade quickly to adjust to shifting odds and other features of the market.
Stay Flexible
Ante-post markets can shift dramatically as the event approaches, especially if new information becomes available. Stay flexible and be ready to adjust your strategy or even cash out early if the market moves in a way that makes your original bet less favorable.
Many Bitcoin sportsbooks now offer cash-out options for ante-post crypto bets. This feature allows you to secure a profit or minimize a loss before the event has concluded, based on current market conditions.
Take Advantage Of Early Market Access
Bitcoin bettors with a strong understanding of the sport or event can benefit from accessing the market early. Early bets often come with higher odds before the market adjusts to new information, offering significant value for those with foresight.
If you’re betting with cryptocurrencies, keep an eye on crypto market trends. Fluctuations in crypto value can affect your overall betting strategy and potential returns.
Specialize in Certain Markets
Specializing in specific markets or sports where you have the most knowledge can give you an edge. Whether it’s horse racing, football, or another sport, focusing on areas where you have the most expertise increases your chances of success.
Niche markets can sometimes offer better value, as they might not be as thoroughly analyzed by crypto bookmakers. Identifying and exploiting these opportunities can be a profitable ante-post strategy.
Leverage Insider Information
Being part of Bitcoin betting communities or following insiders on social media can give you early access to valuable information that could influence the ante-post bets. This edge can help you place smarter, more informed crypto bets.
Keep in mind that cryptocurrencies offer more privacy, which can be beneficial if you’re leveraging insider information and want to keep your betting activity discreet.
Evaluate and Adjust
Regularly evaluate your ante-post Bitcoin betting strategies and outcomes. Understanding what worked and what didn’t can help refine your approach for future bets.
As the event date nears, be prepared to adjust your strategy based on new information. Flexibility is key in ante-post betting, where conditions can change rapidly.
Rules of Ante-Post Betting with Bitcoin Bookmakers
While most bookmakers follow a standard set of ante-post Bitcoin betting rules, it’s important to check the specific terms and conditions of your chosen crypto bookmaker, as they can vary, especially in different countries or territories.
Most Popular Ante-Post Rules
Below is an overview based on the most popular cryptocurrency bookmaker’s rules when it comes to ante-post betting:
- Race/Event Abandonment: When a race or event gets canceled and isn’t rescheduled at the same venue, your ante-post Bitcoin bets are void.
- Postponed Races/Events: If a race or event is postponed but later happens at the same venue, your bet remains valid. However, if you place your bet after the final declarations and the race gets postponed, all bets become void.
- Each-Way Betting: You settle each-way ante-post bets according to the terms advertised when placing the bet. They can be included in most bet types, including specialty bets, but specific bonuses or consolation payouts won’t apply.
- Void Bets: Ante-post Bitcoin bets become void if the race or event is declared void. Your bets also become void if your selection gets balloted out (when a horse is dropped from the race due to exceeding the field size). Since your selection can’t win when you place the bet, the bet becomes void.
- “With a Run” Option: Some ante-post Bitcoin bets come “with a run,” meaning you don’t lose your stake if your selection turns out to be a non-runner (NR/NB).This option provides a safety net, allowing Bitcoin bettors to recover their stake if their chosen selection doesn’t participate in the event.
Lastly, always check the maximum payout limits your crypto bookmaker sets, especially when placing an ante-post bet with high potential returns. Familiarizing yourself with these limits ensures that there are no surprises when it comes time to collect your winnings.
The Impact of Crypto and AI on Ante-Post Betting
As we enter the new age, cryptocurrencies and artificial intelligence (AI) are set to transform ante-post betting. Cryptocurrencies make it easier and faster to place bets, offering lower fees and greater privacy. At the same time, AI is reshaping how odds are created and managed, giving you a more dynamic and responsive Bitcoin betting market.
In the near future, we might see hybrid betting markets where AI-generated odds and traditional human-driven odds coexist, offering bettors a choice in how they bet. Also, the ability to use cryptocurrencies will continue to expand, making it easier for Bitcoin bettors worldwide to participate in ante-post betting without the limitations of traditional fiat banking systems.
The combination of these technological advancements promises to make ante-post Bitcoin betting more accessible, secure, and efficient, ensuring that it remains a popular choice for bettors looking to maximize their potential returns.
GOSUBETTING’S Final Thoughts
Ante-post Bitcoin betting offers a unique way to enjoy sports, allowing you to secure higher odds and plan your bets well in advance. Even if you don’t place a bet, observing the ante-post market gives you valuable insights into which participants are favored by bookmakers.
Frequently Asked Questions
-
What is ante-post betting?
-
How do ante-post odds differ from regular betting odds?
-
Can I use cryptocurrencies for ante-post betting?
-
What happens if my selection doesn’t participate in the event?
-
Are there any special rules for ante-post betting?
-
Is ante-post Bitcoin betting riskier than regular betting?
-
How can I improve my chances with ante-post Bitcoin betting?
-
What sports are popular for ante-post Bitcoin betting?
-
Can I hedge my ante-post Bitcoin bets?
-
What impact will AI and crypto have on the future of ante-post betting?