Online Sports Betting Overlays at SBG Global. An sports betting overlay exists when the odds are greater than the probability of winning. An “overlay” is a term used to describe a team that is not getting full value on the sports betting lines. One of the biggest and most common traits amongst losing players is that they are constantly on online sports betting overlays.
SPORTSBOOK BETTING LINES
Online betting winners usually get the best lines and avoid taking the worst of it. For example, lets take a football team that, by all accounts and ratings, should be no more than a 3-point favorite in a game but instead is laying 7 points because of a strong winning reputation from the past along with the opponent not being very well known (although up and coming and playing well). This happens all the time not only in football, but in all sports that have online sports betting lines posted on them.
In baseball, gamblers will find constant sports betting overlays on the New York Yankees, Boston Red Sox, and Chicago Cubs. In the case of the Yankees and Red Sox they are excellent teams and perennial contenders with large fan bases and nationwide respect amongst online sports betting gamblers. The Cubs also have a huge following that loves to wager on their games, regardless of the merits. These teams, therefore, rarely offer good value against the online betting lines and gamblers should be leery of taking these teams, particular as chalks, as they are nearly always an overlay in sports betting.
In college football you will constantly have sports betting overlays on the most popular and nationally well known teams such as Notre Dame, USC, Miami, Michigan, Ohio State, Texas, and Okalahoma. These teams, particularly at home, often are poor values against the sports betting lines and gamblers often regret laying the big points with these bullies.
Pro football also has its online betting overlays with teams such as the Dallas Cowboys, Green Bay Packers, and New England Patriots. The Cowboys and Packers have huge and loyal followings while the Patriots have a reputation for excellence. These are reasons for online sports betting overlays.
Few teams in all of sports have been a bigger sports betting overlay against the online sports betting lines than the NBA’s Los Angeles Lakers. The Lakers are far and away the most popular NBA team, one of the most successful historically, and a “name brand” franchise recognized even by non-basketball fans.