Odds for the 2011 Premiership title are up on Betfair already. Before we start dive in to the subject of football antepost odds on Betfair first lets look at what this post will be about. For those who are unsure what antepost odds mean or for those who need a refresher we’ll look at the definition. As the post title suggests antepost odds can be helpful for people who want to be there own bookmaker. In this post we describe how ante post football betting on Betfair can be used by budding bookmakers. There is something for everyone here. Professional gamblers may pick up a tip or two and the novice will get one step closer to making a regular income on Betfair.

In a recent post discussing what steps to take to become your own bookmaker we discussed the theory of how to be your own bookmaker. One of the difficulties with making this work in practice is balancing the book. Real bookmakers balance the sports book in order to guarantee themselves a profit. On individual events they may either be in profit or in a loss. In a sense they are taking a gamble. But the overall result of all the events they price should secure a profit. Anyone wanting to be their own bookmaker needs to have the same goal.

The amateur bookmaker’s sports book will concentrate on much fewer sports and events than the traditional type. Although, this is only limited by your bank balance. In the previous post, which you can link to below, we looked a some simple steps to making a sports book. Here we concentrate on using antepost odds to kick start a sports book.

What are ante post odds? The term originated in the horse racing industry. Bookies would price odds before the horse got to the post for ‘the off’. Now being used in more general terms, ante post odds can be found on various sports, including football. After the Premier League title fight ends bookmakers post their ante post odds for next season.

Football ante post odds on Betfair