The actual uncommon concept of horse betting overlay

Horse betting overlay strategy is one of the most simple strategies in the area. In an age where everything is dominated 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. Because of its primitive nature, there have been several books as well as articles written on the topic. An overlay occurs whenever a horse goes for a relatively higher price than it had been forecasted to go. As it has been said, gambling and betting is a matter of opportunity. There is an equal chance of a specialist 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 actual morning line choices because everybody wants to start the day afresh with a win. Nevertheless, as the day proceeds, due to continuous 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 become successful.

There are many 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 boost the stakes levels on their bet so that if their own bet wins, their profits are maximized. For instance, 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 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 element. If the person has decent understanding of the overall game, he will be in a most advantageous position in these kinds of situations.

Another reason for the actual occurrence of the overlay concept is that activity bookies bet on various different sports at the same time. This might result in emptying of their cash resources and thus affect the odds table. An additional factor that might lead to overlay is the prestige of the underdog. There is 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 competition. There’s 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 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 and vice-versa.