The unusual concept of horse betting overlay

Horse betting overlay strategy is among the most simple techniques in the field. In an age exactly where everything is actually ruled by technology and people have sophisticated 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 have been numerous books and articles written on the subject. An overlay occurs whenever a horse goes for a relatively higher cost than it had been predicted to go. As it’s been stated, gambling and betting is a matter of opportunity. There is 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 a lot of thought and research on picking the 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, and a number of them achieve success.

There are many 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 gambling. 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, 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 overall performance mostly occurs due to a concept called soft spot. A soft spot is when the odds in a race do not match the forecasts by the experts. This may happen because of an injury or some other similar factor. If the person has decent understanding of the game, he will be in a most advantageous 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. An additional factor that might lead to overlay is the prestige of the underdog. There is a significant amount of discussions amongst the betters on the abilities of an underdog. It’s been often noticed that the least favored horse wins the race. There’s 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 person. So, these factors add on to the occurrence of overlay.

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