Horse betting overlay strategy is one of the most simple techniques in the area. In an age where every thing is ruled 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 several books as well as 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 chance. There is 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 and research on picking the 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 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 are on the lookout for inexperienced 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, many people organize parties to attract inexperienced beginners as well as 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 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 element. If the person has decent understanding of the overall game, he will be in a most advantageous position in these kinds of circumstances.
An additional reason for the actual occurrence of the overlay concept is that sport bookies bet on various different sports simultaneously. This might lead to emptying of their money resources and thus affect the odds table. Another factor that could trigger overlay is the prestige of the underdog. There’s a substantial amount of discussions amongst the betters on the abilities of an underdog. It’s been often observed that the least favored horse wins the race. 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 individual. So, these factors add on to the occurrence of overlay.
So, horse gambling overlay is a very important phenomenon in the sports betting field, as it can certainly single handedly turn the furniture of horse betting. It has the actual potential to turn a winner into a loser and vice-versa.