The actual unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive techniques in the area. In an age exactly where every thing is actually ruled by technology and people have advanced 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 articles written on the subject. An overlay occurs when 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 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 as well as research on picking the actual 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, as well as some of them become successful.

There are lots of betters who’re 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 boost the stakes levels on their bet so that if their bet wins, their profits are maximized. For example, at Park Fairmount in Illinois, many people organize parties to attract inexperienced beginners as well as 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 predictions by the specialists. 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 actual occurrence of the overlay concept is that sport bookies bet on various different sports at the same time. 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 is a significant amount of discussions amongst the betters on the abilities of an underdog. It has been often observed that the least favored horse wins the race. There is a constant fear amongst the betters of that being repeated. Also that gambling on an underdog is considered courageous and 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 trend in the sports wagering field, as it can single handedly turn the tables of horse betting. It has the potential to turn a winner into a loser and vice-versa.