Horse betting overlay strategy is one of the most primitive strategies in the field. In an age where every thing is actually dominated by technology and people have sophisticated 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 numerous books as well as content articles written on the topic. An overlay occurs when a horse goes for a relatively higher price than it was predicted to go. As it has been stated, gambling and betting is a matter of opportunity. 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 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 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’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 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 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 forecasts 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 types of circumstances.
Another reason for the 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. Another factor that could trigger overlay is the prestige of the underdog. There’s a significant amount of discussions amongst the betters on the capabilities of an underdog. It has been often observed that the least favored horse wins the race. 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 individual. 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 furniture of horse betting. It has the actual potential to turn a winner into a loser and vice-versa.
