The unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive strategies in the field. In an age where everything is actually dominated by technology and people have sophisticated 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 several books and content articles written on the subject. An overlay occurs whenever a horse goes for a relatively higher cost than it was predicted to go. As it’s been said, gambling and betting is a matter of chance. There is an equal chance of an expert 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 as well as research on picking the morning line choices simply because everyone wants to start the day afresh with a win. However, as the day proceeds, due to constant losses, people get snappy and are eager to cover up the day�s losses. So, in their desperation they try to go for overlay, and some of them become successful.

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, 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 concept 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 knowledge of the game, he will be in a most advantageous position in these types of situations.

An additional 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. An additional 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 has been often noticed that the least favored horse wins the competition. There’s 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 person. So, these factors add on to the occurrence of overlay.

So, horse gambling overlay is an essential phenomenon in the sports wagering field, as it can single handedly turn the tables of horse gambling. It has the actual potential to turn a winner into a loser and vice-versa.