Copyright 2012 by Professiona1 Handicappers - "Sprint" and Cathy Rogers

 

Ultimate Oddsline

CAN'T BET AT POST TIME!!

HERE'S HOW TO FIND OVERLAYS

WHEN YOU DON'T KNOW THE ACTUAL ODDS

(GOOD BETS)

This next step will be done using the Morning Line Odds of the Horse. All you do is divide the ODDSLINE (ODL) of a horse into the horses's morning line odds.

We are looking for an answer of 1.6 or higher. A number 1.6 or higher is a GOOD BET or OVERLAY.

To find an GOOD BET (OVERLAY) divide the morning line odds of the horse by the ODDSLINE (ODL) that you have developed for the horse. As was mentioned, any answer that is 1.6 or greater is an overlay or GOOD BET.

Enter the Morning Line Odds on your worksheet under the column marked OT.

EXAMPLE

HORSE A  -  5-2 MORNING LINE ODDS DIVIDED BY 1.0 ODDSLINE = 2.5 OVERLAY (GOOD BET)

HORSE B  -  4-1  MORNING LINE  ODDS DIVIDED BY 5.0 ODDSLINE = 0.8 UNDERLAY (BAD BET)

HORSE C  - 4-1  MORNING LINE  ODDS DIVIDED BY 4.0 ODDSLINE = 1.00 UNDERLAY (BAD BET)

In the above example, the Morning Line Odds has HORSE A at 5-2, HORSE B at 4-1 and HORSE C at 4-1.

HORSE A is the OVERLAY (GOOD BET)

HORSE B is an UNDERLAY (BAD BET)

HORSE C is an UNDERLAY (BAD BET).

REMEMBER TO BE AN OVERLAY (GOOD BET) A HORSE MUST HAVE AN ANSWER OF 1.6 OR GREATER.

The only play in this race is HORSE A. He is the only OVERLAY because the Morning Line Odds of 5-2 divided by his ODDSLINE of 1.0 is 2.5 which is definitely 1.6 or greater.

In other words, HORSE A should be have odds of even money (1-1) since his ODDSLINE is 1.0, but instead the Morning Line Odds is 5-2 odds which is 2 1/2 times more than it should.

Enter the OVERLAY OR UNDERLAY number on your ULTIMATE OVERLAY WORKSHEET under the column marked OL (OVERLAY).

KEY PLAYS

Once you have established your OVERLAYS, consider as KEY PLAYS only those that have fallen in the 9% - 26 % Percent range under the ODL column on your worksheet.

An exception to this rule would be a horse that is under 9 % but is the horse that received the 2nd highest points of your point totals. This type of horse would also be considered a KEY PLAY.

If you have 2 OVERLAYS that are in the Percent range (9%  - 26 %), this becomes a 2 HORSE KEY PLAY, providing both have morning line odds that fall between 8-5 and 13-1.

There are times (not often) where you may even have 3 OVERLAYS that qualify and here you would have a choice to play all 3 horses, or play the top 2 highest OVERLAY ODDS found under the Column marked OL. Or of course, you may also pass the race.

An example of finding another Single HORSE KEY PLAY might be a race that you have 2 OVERLAYS. Both of these qualify in the percent range (9 % to 26 %). But only one horse qualifies in the morning line odds range between 8-5 and 13-1. The horse that qualifies as a KEY PLAY is the horse that is morning line odds range of 8-5 to 13-1.

EXAMPLE OF 1 HORSE KEY PLAY WITH 2 OVERLAYS

HORSE A   -  26 %         2.5 OVERLAY         2-1 MORNING LINE ODDS AT POST-TIME

HORSE B   -  14 %         3.0 OVERLAY         15-1 MORNING LINE ODDS AT POST-TIME

As you can see, Horse A at 2-1 Morning Line Odds qualifies in the odds range of 8-5 to 13-1. Horse B is outside that range being 15-1 Morning Line Odds and therefore is not a KEY PLAY. HORSE A will be played to win as a SINGLE HORSE KEY PLAY.

Here is another example of a single horse KEY PLAY.  In the race are 2 OVERLAYS. Both horses are OUTSIDE the range of 8-5 and 13-1. (Example: Morning Line odds of 3-2 and 15-1).

In this example, you can pass the race because both horses are OUTSIDE the range or play the 3-2 as a SINGLE HORSE KEY PLAY because he is the favorite.