Horse Racing Handicapping - Tip Number 5 - Second Favorites Create Place Bet Overlays

Horse racing handicapping is a tough way to makebecause it means that there may be a good place
money but some people do manage to eke out abet in the race. While the second favorite may be a
profit. Sometimes you have to think out of the box,good horse and have a good shot of being second
however, if you want to make money. While theor perhaps even upsetting the favorite, if it is bet
majority of people bet to win or play the exoticdown in the place pool, it may still be a poor place
bets, the place and show pools often go unnoticedbet and that means that another contender for the
by most horse players. Yet there they are race afterplace spot is being under bet, making it a good place
race and thousands are poured into those pools.bet.
Who is betting place and show and why? It has beenAs odd as it may first appear, the favorite may
proven that there are overlays in those pools thatactually become a good place bet if the second
can be profitable, though not so glamorous bets. Onefavorite is overrated. If the second favorite fails to
thing I look for when deciding if there is room in theat least place and the favorite wins, all that money
place pool for a good bet is a second favorite that isthat was wagered on the second favorite in the
being hammered in the place pools.place pool will be divided between the backers of the
It happens almost every day at almost every track,favorite and whichever horse manages to come in
but not in every race. If you watch the place poolsecond. This is a horse racing angle that often is
amounts, however, you will find that in some races,often over looked.
the second favorite is getting a disproportionateWhen you handicap the race, look at the top
amount of the place money. The situation usuallycontenders and see how much is bet to place on
occurs in a race where the favorite appears veryeach one. You will have to wait until post time to be
strong and there is another horse that seems muchsure that one or more of them is being over looked
better than the rest of the field, but not on a parin the place pools, but you will often find a good
with the top horse.place bet if you are patient can really identify
When you see that one horse is getting lot of placecontenders who may place.
money, that is a red flag, or perhaps a green one,