The uncommon concept of horse betting overlay

Horse betting overlay strategy is among the most primitive strategies in the field. In an age exactly where everything is actually dominated by technology and people have sophisticated systems like horse betting software, this strategy comes into usage very rarely. This is also known as the under bet. Due to its primitive nature, there has been numerous books and content articles written on the subject. An overlay occurs when a horse goes for a comparatively higher cost than it had been forecasted to go. As it’s been stated, gambling and betting is a matter of chance. There is an equal chance of an expert losing as of a beginner winning. Here is when overlay comes in the game.

The overlay strategy best comes into account when there is a majority of handicappers on the track. Normally, a horse racing betting day begins with the morning line races. The gamblers put in a lot of thought and research on picking the actual morning line choices simply because everyone wants to start the day afresh with a win. Nevertheless, as the day proceeds, due to continuous losses, people get snappy and therefore are eager to cover up the day�s losses. So, in their desperation these people try to go for overlay, and a number of them become successful.

There are many betters who’re on the lookout for inexperienced betters. These people don not know anything about the online game. They are lured by some clever people who promise them huge profits by betting. The motive of their false promise is to boost the stakes levels on their bet so that if their bet wins, their earnings are maximized. For example, at Park Fairmount in Illinois, many people organize parties to attract inexperienced beginners and increase the stakes and thus gain profits.

The overlay, which basically means, increased price of a horse independent of their last performance mostly occurs due to a idea called soft spot. A soft spot is when the odds in a race do not match the predictions by the experts. This may happen due to an injury or some other similar element. If the person has decent understanding of the overall game, he will be in a most beneficial position in these kinds of situations.

An additional reason for the occurrence of the overlay concept is that sport bookies bet on various different sports at the same time. This might result in emptying of their cash resources and thus affect the odds table. An additional factor that might lead to overlay is the prestige of the underdog. There’s a significant amount of discussions amongst the betters on the abilities of an underdog. It has been often noticed that the least favored horse wins the race. There is a constant fear amongst the betters of that being repeated. Also that gambling on an underdog is considered courageous and increases the social standing of the person. So, these factors add on to the occurrence of overlay.

So, horse betting overlay is a very important trend in the sports betting field, as it can single handedly turn the furniture of horse betting. It has the potential to turn a winner into a loser and vice-versa.