The actual uncommon concept of horse betting overlay

Horse betting overlay strategy is one of the most simple techniques in the area. In an age exactly where everything is ruled by technologies 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 has been numerous books as well as content articles written on the topic. An overlay occurs when a horse goes for a comparatively higher cost than it was forecasted to go. As it has been stated, 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 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 and research on picking the actual 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 are eager to cover up the day�s losses. So, in their desperation these people try to go for overlay, and some of them achieve success.

There are lots of betters who are on the lookout for inexperienced 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 increase 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 and increase the stakes and thus gain earnings.

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 because of an injury or some other similar factor. If the person has decent knowledge of the overall game, he will be in a most advantageous position in these kinds of circumstances.

Another reason for the actual occurrence of the overlay concept is that sport bookies bet on various different sports simultaneously. This might result in emptying of their money resources and thus affect the odds table. Another factor that could trigger overlay is the prestige of the underdog. There is 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 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 betting field, as it can certainly single handedly turn the tables of horse betting. It has the potential to turn a winner into a loser as well as vice-versa.