Quote:
Originally Posted by PaceAdvantage
Betting on overlays is the ONLY way to make money. It's impossible otherwise.
Every long term winning player is betting on overlays. Whether they know it or not.
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That's certainly true, but deceptively worthless to the average player. How to know what an overlay is in advance? Is it a longshot? Is it a short price that 'cant lose'.
Many apparent overlays are in fact dead on the board for reasons you won't know. Opposite true for apparent 'underlays'. Serling talks about this all the time.
For the most part, you know if you bet on overlays after the fact, when your p&l is totaled, not before.
Yeah, I know you can create systems that show a profit, so you could say all it's plays are overlays, but how many have such things in the real world?
