The unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive strategies in the area. In an age where everything is ruled by technology and people have advanced systems like horse betting software, this strategy comes into usage very rarely. This is also called the under bet. Because of its primitive nature, there has 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 stated, gambling and betting is a matter of opportunity. There’s an equal chance of a specialist losing as of a newbie 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 lots of thought as well as research on picking the morning line choices simply because everybody wants to start the day afresh with a win. Nevertheless, as the day proceeds, due to constant losses, people get snappy and therefore are eager to cover up the day�s losses. So, in their desperation they try to go for overlay, and a number of them achieve success.

There are lots of betters who are 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 earnings are maximized. For instance, at Park Fairmount in Illinois, many people organize parties to attract inexperienced beginners and increase the stakes and thus gain earnings.

The overlay, which essentially means, increased price of a horse independent of their last overall performance mostly occurs due to a concept called soft spot. A soft spot is actually when the odds in a race do not match the forecasts by the specialists. This may occur 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 types of circumstances.

Another reason for the actual occurrence of the overlay concept is that sport bookies bet on various different sports simultaneously. This might lead to emptying of their money resources and thus affect the odds table. An additional factor that could trigger overlay is the prestige of the underdog. There is a significant amount of discussions amongst the betters on the capabilities 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 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 trend in the sports betting field, as it can single handedly turn the tables of horse betting. It has the actual potential to turn a winner into a loser and vice-versa.