The unusual concept of horse betting overlay

Horse betting overlay strategy is among the most simple strategies in the area. In an age where every thing is dominated 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 several books and content articles written on the subject. An overlay occurs whenever a horse goes for a relatively higher price than it was forecasted 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 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 a lot of thought and research on picking the morning line choices simply because everybody wants to start the day afresh with a win. However, 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 many betters who are on the lookout for unskilled betters. These folks 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 increase 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 earnings.

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 actually when the odds in a race do not match the forecasts by the experts. This may occur due to an injury or some other similar element. 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 simultaneously. This might lead to emptying of their money 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 capabilities of an underdog. It’s been often observed that the least favored horse wins the competition. 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 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 and vice-versa.