Late betting
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"Past posting" redirects here. For "first past the post" in elections, see Plurality voting system.
Late betting or past posting is making a bet after the time when no more bets are to be taken. It is considered cheating because information may have become available, including the outcome of the event, that was not available to those making earlier bets.
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[edit] Horse racing
The term past posting originates with horse racing where a bugler sounds a "call to the post"[1] just before the race begins. This is also the signal that no more bets can be taken. Any bets made after that time occur after, or past, "the post".
[edit] No more bets
In other forms of gambling, the dealer may announce "No more bets" or wave their hand over the table in a specific manner.
