Bet Type on Horses Before Prices Are Known
Puzzle 16 of Luxury Desserts Medium Pack
Question is: Bet Type on Horses Before Prices Are Known
and the answer is: ANTEPOST
Word Meaning:
ANTEPOST — (gambling) Being a kind of bet, in horse-racing and greyhound racing, placed before the racecourse's betting market has opened, on the expectation that the price of the animal is presently more favourable than it will be when the market opens.
Definitions from Wiktionary.