A past post bet is one that is made after the event starts.
A lot of Books allow these bets in the opening minutes for several reasons. Main reason is to get all the action they can from the last minute players. Of course all books have rules to protect the book that state bets placed after the start of the contest are void.
By allowing last minute bets and bets into the start of the contest it opens the door for shot takers both player and book.
It also makes dispute resolution on these type of wagers subjective and impossible to fairly decide.
Its time this rule be strictly enforced. It will also open the door for the book to go back and void already graded games if it is found the bets were placed after the start. As what happened in the WW case.
A lot of Books allow these bets in the opening minutes for several reasons. Main reason is to get all the action they can from the last minute players. Of course all books have rules to protect the book that state bets placed after the start of the contest are void.
By allowing last minute bets and bets into the start of the contest it opens the door for shot takers both player and book.
It also makes dispute resolution on these type of wagers subjective and impossible to fairly decide.
Its time this rule be strictly enforced. It will also open the door for the book to go back and void already graded games if it is found the bets were placed after the start. As what happened in the WW case.