The uncommon concept of horse betting overlay

Horse betting overlay strategy is among the most primitive techniques in the field. 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. Due to its primitive nature, there have been several books and articles written on the topic. An overlay occurs when a horse goes for a comparatively higher price than it was predicted to go. As it’s been stated, gambling and betting is a matter of chance. There’s an equal chance 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 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 therefore are eager to cover up the day�s losses. So, in their desperation they try to go for overlay, as well as a number of them achieve success.

There are lots of betters who are on the lookout for unskilled betters. These people 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 increase the stakes levels on their bet so that if their own bet wins, their profits 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 profits.

The overlay, which basically 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 forecasts by the experts. This may occur because of 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 situations.

Another reason for the occurrence of the overlay concept is that activity bookies bet on various different sports at the same time. This might result in emptying of their money resources and thus affect the odds table. Another factor that might lead to overlay is the prestige of the underdog. There is a substantial amount of discussions amongst the betters on the capabilities of an underdog. It has been often noticed 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 and increases the social standing of the person. So, these factors add on to the occurrence of overlay.

So, horse gambling overlay is an essential phenomenon in the sports wagering field, as it can single handedly turn the furniture of horse gambling. It has the actual potential to turn a winner into a loser and vice-versa.