What’s the difference between an ascot and a cravat? The short answer is that a cravat is typically thought of as more formal than an ascot. Also, an ascot is tied more like a scarf, while a cravat is sometimes fastened with a pin.
Ascots are often thought of as being stuffy. That’s a characterization I have to disagree with. It’s all in the wearer’s attitude.
However, if there is one prerequisite for wearing an ascot, that would be confidence. An ascot is a commitment and an advanced style move. Do it only if you really believe you can pull it off.