Horse betting overlay strategy is one of the most primitive techniques in the field. In an age exactly where every thing is 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. Due to its primitive nature, there have been several books and articles written on the topic. An overlay occurs whenever a horse goes for a comparatively higher cost than it had been predicted to go. As it’s been stated, gambling and betting is a matter of opportunity. There is an equal possibility 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 and research on picking the actual 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 dayï¿½s losses. So, in their desperation these people try to go for overlay, and a number of them become successful.
There are lots of betters who’re on the lookout for inexperienced 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 bet wins, their profits are maximized. For example, 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 idea called soft spot. A soft spot is actually when the odds in a race do not match the predictions by the experts. This may occur due to an injury or some other similar factor. If the person has decent understanding of the game, he will be in a most beneficial 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 capabilities of an underdog. It has been often noticed that the least favored horse wins the competition. There is 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 an essential phenomenon in the sports wagering field, as it can certainly single handedly turn the furniture of horse gambling. It has the actual potential to turn a winner into a loser and vice-versa.