Horse betting overlay strategy is among the most primitive techniques in the area. In an age exactly where every thing is actually ruled 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 has been numerous books and 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’s been said, 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 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. However, as the day proceeds, due to continuous losses, people get snappy and therefore are eager to cover up the dayï¿½s losses. So, in their desperation these people try to go for overlay, and some 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 gambling. The motive of their false promise is to boost the stakes levels on their bet so that if their own bet wins, their profits are maximized. For example, 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 forecasts by the specialists. This may happen due to an injury or some other similar factor. If the person has decent understanding of the overall game, he will be in a most advantageous position in these kinds of situations.
Another reason for the occurrence of the overlay concept is that activity bookies bet on various different sports simultaneously. This might result in emptying of their money resources and thus affect the odds table. Another factor that could trigger overlay is the prestige of the underdog. There is a significant amount of discussions amongst the betters on the abilities 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 betting on an underdog is considered courageous and increases the social standing of the person. So, these factors add on to the occurrence of overlay.
So, horse betting overlay is an essential trend in the sports betting field, as it can certainly single handedly turn the furniture of horse betting. It has the potential to turn a winner into a loser as well as vice-versa.