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Placing Ante Post Horse Racing Futures Bets With Cryptocurrencies: Advance Betting On Races Using Bitcoin & Alternative Cryptos

Horse racing is a sport that highlights tradition, excitement, and the entertainment of watching majestic animals race to the finish line. But for crypto bettors, it’s much more than just watching races, it’s about predicting the outcome. With the help of Ante-Post futures betting, there’s a whole new level of strategy involved where you can lock in your odds well in advance of the day of the race, giving you the potential for greater rewards and excitement.

In GOSUBETTING’S guide, we’ll explore everything you need to know about Ante-Post futures betting on horse racing. Whether you’re an experienced cryptocurrency bettor or new to the concept, this guide walks you through helpful strategies, benefits, and key tips to get started.

What is Horse Racing Ante-Post Futures Bitcoin Betting?

With Ante-Post futures betting, you place your bet well ahead of a horse race, sometimes days, weeks, or even months before the event. Unlike other forms of horse race betting, this long-term bet lets you secure odds early, often before the final lineup of horses is confirmed or race day approaches.

In traditional betting, you’d usually wait until closer to race day, when odds are finalized, and all competing horses are known. But with Ante-Post betting, you can lock in those tempting early odds. However, this approach also comes with increased risk—if your chosen horse doesn’t run due to injury or withdrawal, you might lose your bet altogether.

Why use Bitcoin?

Using Bitcoin for Ante-Post bets comes with some appealing perks:

  • Fast Transactions: Deposits and withdrawals happen within minutes so you can place bets quickly.
  • Lower Fees: Sportsbooks dealing in Bitcoin often have lower transaction fees compared to traditional ones which means more winnings stay with you.
  • Privacy: With better anonymity than regular banking methods offer, Bitcoin keeps personal financial details safe.
  • Global Access: Bet on races worldwide without worrying over currency conversion issues or international banking constraints.

How Does Ante-Post Bitcoin Betting Work in Horse Racing?

When you decide to start trying out Ante-Post Bitcoin betting, you’ll need to choose your preferred horse way before the race begins. You’ll basically be making a bet within a futures market, a bit like other sports’ future bets but focused on major events such as the Kentucky Derby or Cheltenham Festival:

  1. Select Your Race: Pick out high-profile races offering these markets – they’re usually big events drawing plenty of attention from Bitcoin bettors and providing tempting odds far ahead.

  2. Choose Your Horse: Look at the available options, then pick one that you think will have strong winning chances, even if final horses and racers aren’t confirmed yet.

  3. Review Odds Carefully: Odds offered initially tend to be quite favorable compared to later stages, mainly due to uncertainty factors, but choosing wisely helps lock in attractive rates!

  4. Place Bet Using Bitcoin: After selecting both the event & steed, along with reviewing the given odds thoroughly, you need to place your Bitcoin bet as this will ensure a fixed rate regardless of market fluctuations nearing the actual event.

Popular Horse Races for Ante-Post Bitcoin Betting

Not all horse races offer Ante-Post markets, but most of the major events do. Here are some of the most popular horse racing events that are perfect for Ante-Post Bitcoin betting:

The Kentucky Derby (USA)

The Kentucky Derby is one of the most iconic horse races in the world, held annually on the first Saturday in May. Known as “The Run for the Roses,” it attracts some of the best three-year-old thoroughbreds in the world.

Ante-Post odds for the Kentucky Derby are often available months in advance, giving you the opportunity to bet on up-and-coming horses before they’ve even qualified.

The Grand National (UK)

The Grand National is a legendary steeplechase race held at Aintree in the UK. Known for its challenging course and large number of participants, it’s one of the most unpredictable and thrilling races for Bitcoin bettors.

The Grand National’s Ante-Post market offers higher odds early, but with so many horses to choose from, it’s essential to research their past performances and ability to handle tough courses.

The Melbourne Cup (Australia)

Known as “The Race That Stops a Nation,” the Melbourne Cup is Australia’s most prestigious horse race. It’s a handicap race over 3,200 meters and is famous for the large crowds it draws.

Melbourne Cup Ante-Post betting often opens several months before race day. With handicaps affecting outcomes significantly, early odds can shift dramatically, making it quite advantageous to lock in value bets well ahead of time.

Cheltenham Festival (UK)

Held every March, the Cheltenham Festival is one of the UK’s most beloved horse racing events, featuring four days of top-tier racing. It includes some of the most exciting races in the sport, like the Cheltenham Gold Cup.

Bitcoin bettors usually swarm to Ante-Post markets for Cheltenham months before these big races occur; events like the Gold Cup and Champion Hurdle tend to attract considerable attention well ahead of time.

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Key Strategies for Horse Racing Ante-Post Futures Bitcoin Betting

Choosing to participate in Ante-Post Bitcoin betting does come with its own set of risks, but, you can actually boost your chances of winning by sticking to these tried and tested strategies:

Study Early Form

Before diving into an Ante-Post bet, take some time to study how well a horse has performed earlier in its season or career. Check if the horse has consistently excelled under similar conditions as those expected during upcoming races.

  • Why It’s Important: Early form often serves as a good indicator of future performance, however, remember that horses can either improve or regress as seasons go by.

Pro Tip: Focus on horses that have shown strong performances on similar types of tracks or under comparable conditions previously experienced by them.

Follow Trainer and Jockey Form

Horse racing isn’t just about how fast or skilled individual horses are, the expertise and current form status of trainers and jockeys matter too. An exceptional horse paired with an experienced jockey or coming from renowned trainer stables will increase confidence levels regarding your bet placement decisions significantly.

  • Why It’s Important: Some trainers have remarkable records when participating within specific races. While certain jockeys excel at bringing out peak performances from their mounts across particular track types/conditions that happen often in different circuits worldwide.

Pro Tip: Keep an eye on trainers with strong records in specific races. For example, Willie Mullins is known for his success at the Cheltenham Festival, while Bob Baffert often has top contenders for the Kentucky Derby.

Look for Value in Less Popular Horses

While the favorites often attract the most attention in Ante-Post markets, there is often great value in betting on less popular horses. These horses may have longer odds early on but can see their form improve closer to race day.

  • Why It’s Important: Horses that are prepared specifically for a big race might not have their best form yet but could come into the race in top condition.

Pro Tip: Consider betting on horses from smaller stables that have shown improvement over the season or have a history of excelling in specific races.

Be Aware of Non-Runner Risks

The biggest risk in Ante-Post Bitcoin betting is that your horse might not even run in the race. Injuries, poor form, or strategic withdrawals can all be the reason a horse gets pulled from a race, which means your bet is lost.

  • Why It’s Important: While Ante-Post Bitcoin Bitcoin betting offers you higher odds, it’s important to be aware of the risk that the horse might not run. Always weigh this risk against the potential rewards.

Pro Tip: Look for Non-Runner No Bet markets, which are sometimes offered closer to the race. These allow you to place Ante-Post bets without losing your stake if the horse doesn’t run.

Time Your Bets Wisely

Timing is extremely important in Ante-Post Bitcoin betting. The odds for your chosen horse can chahnge significantly as the race approaches, especially as form, injuries, or race conditions change.

  • Why It’s Important: Getting in early can often mean locking in higher odds, but waiting too long can mean missing out on value if the odds shorten as more Bitcoin bettors back the same horse.

Pro Tip: Keep an eye on market movements, but don’t wait too long if you believe the horse is in strong form. Placing your bet before any major improvements or positive news breaks can significantly boost your returns.

Mistakes in Horse Racing Ante-Post Futures Bitcoin Betting

As with any type of cryptocurrency betting, there are pitfalls that can reduce your chances of success if you’re not careful. Here are some common mistakes to avoid in Ante-Post Bitcoin betting:

Betting Without Research

The most common mistake is placing a bet without thoroughly researching the horse’s background – its recent performances, trainer details, and competition level. Without doing this homework (which should be thorough), you’re essentially gambling blindly.

  • Avoid It: Before placing any bets, look into how well the horse has performed in past races and its pedigree information.

Pro Tip: Study how proficiently the horse runs on specific track types (like dirt versus turf) and at various distances. A top performer on turf may struggle significantly on dirt tracks or vice versa.

Ignoring Weather and Track Conditions

Weather plays a major role in determining how horses perform since it directly affects track conditions. If these conditions change unexpectedly (due to rain or extreme heat), certain horses may perform better while others don’t.

  • Avoid It: Check long-term weather forecasts for key races and understand how different track conditions impact each particular horse’s performance.

Pro Tip: Some horses excel under softer ground conditions while others thrive on firmer surfaces, knowing this can provide an edge when making Ante-Post bets.

Betting Too Early Without Considering Form

While betting early can secure higher odds, it can also be risky if the horse’s form dips before race day. Betting too far in advance without considering how form fluctuates can lead to disappointment.

  • Avoid It: Watch the horse’s performance throughout the season and be cautious about betting too early without knowing how it will progress.

Pro Tip: Consider waiting until closer to race day, when Non-Runner No Bet markets are available, reducing your risk.

Not Using Bitcoin Bonuses

All GOSUBETTING recommended Bitcoin sportsbooks offer generous bonuses for first-time users or those placing Ante-Post bets on major events. If you don’t take advantage of these, it means that you are leaving money on the table.

  • Avoid It: Always check for deposit bonuses, free bets, or enhanced odds offers when placing your Ante-Post bets using Bitcoin.

Pro Tip: Use these awesome bonuses to place multiple Bitcoin bets or spread your risk across different horses in the same race. It’s really a smart way to better your chances.

GOSUBETTING Conclusion

Ante-Post Bitcoin betting on horse racing is basically an exhilarating mix of strategy, foresight, and potential rewards. By locking in higher odds early on, you could actually get more value if your chosen horse races well. However, it’s very important to balance the excitement of early bets with thorough research and understanding the risks involved, like horses potentially not running or sudden changes in weather conditions.

Using Bitcoin adds another layer to your betting experience by providing quick transactions, lower fees and better privacy. By following our strategies – from studying early form and timing your bets to making full use of those juicy Bitcoin bonuses – you can improve your chances of winning.

Now that you’ve got all this valuable knowledge at hand (and hopefully feeling a bit more confident), it’s time for you to dive into the world of Ante-Post horse racing futures and place your first bet using Bitcoin.

Horse Racing Ante-Post Futures Bitcoin Betting FAQs

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