Can I actually win money at the Cheltenham Festival?
Cheltenham Ante-post betting sounds exciting.
Bet now. Get big prices. Win big in March.
But here’s the reality:
- Most punters lose money on cheltenham ante post bets
- Not because they pick badly
- Because they don’t understand what they’re doing
Festival betting markets open months early.
That creates problems.
Big problems.
Let’s break down what ante-post actually means.
And whether it’s worth your money.

What Is Ante-Post Betting?
Simple explanation:
You bet on a race months before it happens.
Example:
- It’s November
- You back a horse for the Champion Hurdle
- The race runs in March
- Why do people do this?
The odds are usually bigger.
A horse might be 10-1 in November.
By March, it’s 4-1.
Sounds good, right?
Not always.
The Big Problem Nobody Talks About
Here’s what they don’t tell you:
If your horse doesn’t run, you lose your money.
No race. No refund.
This is called the “non-runner no bet” rule.
Except there IS no bet anymore.
Your money’s gone.
How often does this happen?
More than you think.
Common reasons horses don’t make it:
- Injury during training
- Trainer changes plans
- Horse isn’t ready
- Better race options elsewhere
- Owner decides against it
Real talk:
About 20-30% of ante-post favourites don’t even make the race.
That’s 1 in 4 bets dead before the race starts.
Good times to bet ante-post:
- Horse already confirmed for the race
- Trainer publicly committed to the target
- Horse in great form and healthy
- Price way bigger than it should be
- You genuinely think odds will shorten
Example:
- Willie Mullins says “This horse is going to Cheltenham”
- Horse wins its prep race easily
- Currently 8-1
- You think it should be 4-1
- That’s a decent ante-post bet.
But here’s the key:
You need a proper reason.
Not just “I fancy it.”
Here’s the uncomfortable truth:
Ante-post betting distracts from better opportunities.
Why it’s a distraction:
- Ties up your money for months
- Makes you emotionally invested too early
- Stops you betting on races happening now
- Creates false confidence
- Clouds your judgment in March
Think about it:
You back a horse in November at 10-1.
By March, it’s 3-1.
You feel like a genius.
But then it loses.
You’ve lost the same money.
Just waited longer to lose it.
Meanwhile:
- You missed 4 months of other betting opportunities
- Your money was locked up
- Doing nothing
- That’s opportunity cost.
- What Professional Bettors Actually Do
- Real professionals approach ante-post carefully.
- Very carefully.
Their ante-post rules:
- Never more than 20% of Cheltenham budget
- Only bet when value is clear
- Always have backup horses
- Don’t get emotionally attached
- Reassess constantly
Most pros do this:
- Small ante-post positions in November/December
- Bigger bets in February when fields are clearer
- Main money on race day
- Why?
- Less non-runner risk
- Better information
- More certainty
- Actual value instead of hope
- Betting Discipline Matters Most
Here’s where most people fail:
They lack betting discipline with ante-post.
Common mistakes:
- Betting too early with too much money
- Backing multiple horses in same race
- Not having a budget
- Getting carried away with big prices
- Forgetting about non-runner risk
Smart approach:
- Set an ante-post budget before you start
- Stick to it
- Track everything
- Don’t chase losses
- Be honest when you’re wrong
Example budget breakdown:
Total Cheltenham budget: £500
Ante-post allocation: £100 (20%)
Race day betting: £400 (80%)
This keeps you disciplined.
And protected.
Festival Betting Markets Evolution
Festival betting markets change constantly.
Understanding this helps.
November:
- Markets wide open
- Lots of uncertainty
- Biggest prices available
- Highest non-runner risk
- December/January:
- Some clarity emerging
- Prices starting to firm
- Still significant risk
- Prep races happening
February:
- Fields becoming clear
- Prices shortening fast
- Lower non-runner risk
- Best information available
March (race week):
- Final confirmations
- Tight prices on favourites
- Live odds only
- No ante-post risk
- The question:
- When should you actually bet?
Most profitable time:
Late January through February.
Good information.
Reasonable prices.
Lower risk.
The Bookmaker Advantage
Bookmakers love ante-post betting.
Want to know why?
Reasons bookies win on ante-post:
- They hold your money for months
- Non-runners = free money for them
- Most punters bet emotionally
- People forget to reassess
- Volume of bad bets is huge
Think about it:
You give them £100 in November.
They invest it or use it.
Your horse doesn’t run in March.
They keep everything.
That’s great business.
For them.
Real Examples From Recent Years.
Let’s look at actual cheltenham ante post situations:
Example 1: The Favourite That Didn’t Run
Horse: Heavily backed for Gold Cup
- Ante-post favourite at 3-1 in January
- Got injured in February
- Never ran
- Thousands lost their stakes
Example 2: The Price Crash
Horse: 12-1 in December
- Won prep race in January
- Became 4-1 favourite by March
- Early backers felt smart
- Horse finished 4th
- Everyone lost
Example 3: The Smart Bet
Horse: 8-1 in late January
- Trainer confirmed target
- Won at 5-1 in March
- Early backers won
- This is how it should work
Notice the pattern?
One worked. Two didn’t.
That’s about right for ante-post.
How to Protect Yourself
Want to bet ante-post anyway?
Here’s how to do it smarter:
Protection strategies:
- Bet smaller amounts early
- Wait until February for bigger bets
- Back multiple horses if unsure
- Use exchanges where possible (trade out)
- Set strict loss limits
- Don’t chase
Example approach:
November: £10 bets only
December: £20 bets maximum
January: £30 bets maximum
February: £50 bets allowed
March: Whatever’s left in budget
This spreads your risk.
Keeps you disciplined.
The Opportunity Question
So is ante-post an opportunity?
Sometimes.
Real opportunities exist when:
- You have genuine inside knowledge
- Price is significantly wrong
- Risk is acceptable to you
- You can afford to lose it
- Part of broader strategy
But for most people?
It’s more distraction than opportunity.
Why?
Because most people:
- Bet too early
- Bet too much
- Don’t understand the risks
- Get emotionally invested
- Ignore better alternatives
- The Truth About Value
- Everyone talks about ante-post “value.”
But what is value really?
Real value means:
- The price is bigger than the actual chance
- You’ve done proper research
- The risk is worth the reward
- You can accept losing it all
Fake value:
- Just a big price
- Looks exciting
- No real analysis
- Hope-based betting
- “Worth a punt”
Most ante-post bets are fake value. They feel good. But they’re not actually value.
Taking Action
If you want professional help with cheltenham ante post decisions, we can help.
What we provide:
- Clear value assessment
- Risk warnings
- Proper timing advice
- Honest opinions
- Betting discipline guidance
Choose Your Membership:
Monthly: £49.99
Quarterly: £139.99
Annual: £449.99
Visit www.premiumracingtips.com now.
We’ll tell you when ante-post makes sense and when to wait.
Final Thoughts
Ante-post betting isn’t evil but it’s not the goldmine people think.
Remember:
- Most value comes in February, not November
- Non-runner risk is real and expensive
- Your money is tied up for months
- Betting discipline matters more than big prices
- Professionals use ante-post carefully, not heavily
The question isn’t “Should I bet ante-post?”
The question is “Do I understand what I’m doing?”
If you can honestly answer yes, go ahead.
If not, wait until March.
Your bankroll will thank you.