The unusual concept of horse betting overlay

Horse betting overlay strategy is among the most simple strategies in the field. In an age exactly where every thing is actually dominated 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 as well as articles written on the subject. An overlay occurs when a horse goes for a relatively higher cost than it had been forecasted to go. As it has been stated, gambling and betting is a matter of chance. There’s an equal possibility 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 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 they try to go for overlay, and a number of them become successful.

There are lots of 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 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 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 experts. This may happen due to an injury or some other similar element. If the person has decent understanding of the game, he will be in a most advantageous position in these kinds of situations.

Another reason for the occurrence of the overlay concept is that activity 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 might lead to overlay is the prestige of the underdog. There’s a significant amount of discussions amongst the betters on the abilities of an underdog. It’s 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 betting overlay is a very important trend in the sports betting field, as it can single handedly turn the furniture of horse gambling. It has the actual potential to turn a winner into a loser and vice-versa.