Horse betting overlay strategy is among the most primitive techniques in the field. In an age exactly where every thing is 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 and articles written on the subject. An overlay occurs when 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 opportunity. There’s an equal possibility 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 and research on picking the morning line choices simply because everybody wants to start the day afresh with a win. However, as the day proceeds, due to constant losses, people get snappy and therefore are eager to cover up the dayï¿½s losses. So, in their desperation they try to go for overlay, as well as some of them achieve success.
There are many betters who’re 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 increase the stakes levels on their bet so that if their bet wins, their profits 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 profits.
The overlay, which essentially means, increased price of a horse independent of their last 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 predictions by the specialists. 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 advantageous position in these types of circumstances.
Another reason for the actual occurrence of the overlay concept is that activity bookies bet on various different sports simultaneously. 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 is a substantial amount of discussions amongst the betters on the abilities of an underdog. It has been often noticed that the least favored horse wins the race. There’s 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 individual. So, these factors add on to the occurrence of overlay.
So, horse betting overlay is a very important phenomenon in the sports betting field, as it can certainly single handedly turn the furniture of horse gambling. It has the potential to turn a winner into a loser and vice-versa.