I drain my pool to just below the bottom of the skimmer inlet. I then add a gallon of RV AF to the skimmer and its outlet pipe.
Local pool guy told me this was unnecessary due to the fact that the bottom of the skimmer basket is already below ground level by a foot...but I do it anyway. Cheap insurance and helps me sleep in the winter.
When I bought the house I hired a pool specialist to teach me how to close the pool. He does a whole slew of pools in my neighborhood. He never messes with compressed air or anti-freeze. I followed his lead and haven't blown out my pipes in the five years that I've closed the pool. Two of those winters were very very cold with temps in the low 20's at night.
So far, so good as I have never had a problem.
Here's the best thing I have learned so far - Close it late, open it early.
This year I closed it the 2nd week of November and in the spring I will open it EARLY in March. I did this last year and the difference in labor (mine!) was amazing. The first few years (when I closed it early and opened it late) I had to do a ton work to get it clean. The liner was covered with crud and it had to be brushed off and vacuumed up. It would take at least a full day to clean it up, and several more for the water to look nice. No more.
Last spring when I popped the cover off the water was remarkably clean and clear. I added water, DE and shock and had gorgeous water in two days. Zero scrubbing, almost zero hassle. So i spend a few bucks running the pump and shorten the life of my cell. In return I get to look at my pool and not a cover for an extra 2-4 months. My house is completely set up for back yard use and not looking at the cover is a big deal for me. I hate that thing. Best of all, opening is piece of cake and not the hassle it was the first few years I owned it.
One other thing, when I pumped the water out I left my multi-port in backwash. When I opened the filter, almost all of the DE was gone and cleaning the grids was a breeze.