SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* SELL NEIL I (Last) (First) (Middle) 90 SOUTH 7TH STREET SUITE 3300 (Street) MINNEAPOLIS MN 55402 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/30/2010	3. Issuer Name and Ticker or Trading Symbol ante5, Inc. [ ANFC.PK ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	79,022(1)(2)	D
Common Stock	9,000	I	By Mr. Sell's spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* SELL NEIL I (Last) (First) (Middle) 90 SOUTH 7TH STREET SUITE 3300 (Street) MINNEAPOLIS MN 55402 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Dalton Douglas (Last) (First) (Middle) 3600 LAS VEGAS BLVD. SOUTH (Street) LAS VEGAS NV 89109 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Shares held directly by Mr. Sell, one of the Reporting Persons.

2. Pursuant to Rule 16a-1(a)(1), the reporting persons are each the beneficial owners of more than 10% of the outstanding shares. They are the trustees of four Berman family trusts (see Schedule 13G filed 6/24/10), and they also control voting and disposition of shares held by the Lyle Berman Family Partnership LLC (the "Partnership"). Including the shares held by such trusts and partnership and the shares disclosed on page 1, they beneficially own 3,805,335 shares of ante5 common stock. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, the reporting persons are not beneficial owners of the shares held by the trusts or the partnership for any purpose other than determining whether they are 10% holders.

	/s/ Neil I. Sell	12/06/2010
	/s/Douglas Dalton	12/06/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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