Quote:
Originally Posted by Secondbest
Exactly right. It's all about overlaid price horses.
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This is a misunderstanding. An overlay is an overlay no matter what the price. That is to say both a 4-5 and a 10-1 could be overlays. Or, they could both be underlays. In either case, making a bet based on "value" comes down to an accurate odds line which, of course, is very challenging to get right. If people haven't read Barry Meadow's
Money Secrets at the Racetrack or
Commonsense Betting by Dick Mitchell I highly recommend that they do.