The actual uncommon concept of horse betting overlay

Horse betting overlay strategy is among the most simple strategies in the field. In an age where everything is dominated by technologies and people have sophisticated systems like horse betting software, this strategy comes into usage very rarely. This is also known as the under bet. Because of its primitive nature, there have been several books and articles written on the topic. An overlay occurs whenever a horse goes for a relatively higher price than it was predicted to go. As it’s been said, gambling and betting is a matter of opportunity. There’s an equal chance of a specialist losing as of a beginner winning. Here is when overlay is available 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 lots 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 unskilled betters. These people don not know anything about the 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 own bet wins, their profits 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 essentially means, increased price of a horse independent of their last overall 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 specialists. This may occur due to an injury or some other similar element. If the person has decent understanding of the game, he will be in a most beneficial position in these types of circumstances.

Another reason for the occurrence of the overlay concept is that sport bookies bet on various different sports simultaneously. This might result in emptying of their cash resources and thus affect the odds table. Another factor that could trigger overlay is the prestige of the underdog. There’s a significant amount of discussions amongst the betters on the abilities of an underdog. It’s been often observed that the least favored horse wins the race. There is a constant fear amongst the betters of that being repeated. Also that betting on an underdog is considered courageous as well as increases the social standing of the individual. So, these factors add on to the occurrence of overlay.

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