The unusual concept of horse betting overlay

Horse betting overlay strategy is one of the most primitive strategies in the field. In an age where every thing is actually dominated by technologies and people have advanced 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 have been numerous books as well as articles written on the topic. An overlay occurs whenever a horse goes for a relatively higher cost than it was forecasted to go. As it’s been stated, gambling and betting is a matter of chance. There is an equal chance of a specialist losing as of a newbie 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 lots of thought as well as research on picking the morning line choices because everybody wants to start the day afresh with a win. However, 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, as well as some of them become successful.

There are lots of betters who are on the lookout for unskilled betters. These folks don not know anything about the 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 as well as 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 specialists. This may occur because of an injury or some other similar factor. If the person has decent knowledge of the game, he will be in a most advantageous position in these types of circumstances.

Another reason for the occurrence of the overlay concept is that activity bookies bet on various different sports simultaneously. This might lead to emptying of their money resources and thus affect the odds table. An additional factor that might lead to overlay is the prestige of the underdog. There is a significant amount of discussions amongst the betters on the abilities of an underdog. It’s been often observed that the least favored horse wins the competition. There is 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 an essential trend in the sports wagering field, as it can single handedly turn the tables of horse gambling. It has the actual potential to turn a winner into a loser and vice-versa.