The actual uncommon concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive techniques in the field. In an age where everything is dominated by technologies and people have advanced 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 have been numerous books and articles written on the subject. An overlay occurs when a horse goes for a relatively higher price than it had been 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 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 as well as research on picking the actual morning line choices because everybody wants to start the day afresh with a win. Nevertheless, as the day proceeds, due to continuous losses, people get snappy and are eager to cover up the day�s losses. So, in their desperation these people try to go for overlay, as well as some of them achieve success.

There are many betters who’re on the lookout for unskilled betters. These folks 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 bet wins, their earnings are maximized. For example, at Park Fairmount in Illinois, lots of people organize parties to attract inexperienced beginners as well as increase the stakes and thus gain profits.

The overlay, which essentially means, increased price of a horse independent of their last 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 factor. If the person has decent knowledge of the overall game, he will be in a most beneficial position in these kinds of circumstances.

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. Another factor that might lead to 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 competition. 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 gambling overlay is a very important trend in the sports betting field, as it can single handedly turn the tables of horse gambling. It has the potential to turn a winner into a loser as well as vice-versa.