The actual unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive techniques in the field. In an age exactly where every thing is actually dominated by technologies and people have sophisticated systems like horse betting software, this strategy comes into usage very rarely. This is also called the under bet. Due to its primitive nature, there has been numerous books and articles written on the topic. An overlay occurs whenever a horse goes for a comparatively higher price than it was forecasted to go. As it has been said, gambling and betting is a matter of opportunity. There’s an equal possibility of an expert 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 actual morning line choices simply because everyone 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 people 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 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, lots of 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 concept called soft spot. A soft spot is when the odds in a race do not match the predictions by the experts. This may occur due to 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 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 cash resources and thus affect the odds table. An additional factor that could trigger overlay is the prestige of the underdog. There’s a substantial amount of discussions amongst the betters on the capabilities of an underdog. It’s been often observed 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 betting overlay is a very important trend in the sports betting field, as it can certainly single handedly turn the furniture of horse gambling. It has the potential to turn a winner into a loser and vice-versa.