The non-runner no bet concession can be a god-send for punters dabbling in the Cheltenham ante-post market as it provides a limited protection of funds against a fancied runner taking up an alternative engagement in another race than the one selected.
Used for the bigger festivals and meetings, non-runner no bet – which is often shortened to an acronym NRNB – allows punters to bet on their fancied horse in a particular race in the ante-post betting, and if non-runner no bet is in operation for that race and the selection then doesn’t run, the punter would get their stakes returned.
In races where non-runner, no bet is not in operation, normal ante-post rules would apply and the punter would lose their stakes as the selection would be considered a loser under ante-post rules.
For the 2017 Cheltenham Festival, bet365
are the first to launch NRNB on all races with all bets placed after 12:00 on Wednesday February 1 qualifying for the offer.
Not only that, they are also Best Odds Guaranteed on all races which means that if you take the price on your ante post selection - and if the SP is bigger, bet365 will pay you out at the bigger odds.
Non-runner no bet and Best Odds Guaranteed can be especially useful when trying to unravel the puzzle of where trainers like Willie Mullins, Nicky Henderson, Paul Nicholls, Gordon Elliott and Alan King are likely to target with their top stars. Mullins in particular is known to play his cards very close to his chest, and even at this stage with just a few weeks to go until the Festival, the running plans for several of his stars are still unclear.