I'm pretty sure you are talking about how much you would bet on one horse once you've decide you like THAT horse
Yes I think thats exactly what he is saying. A great example of this is a horse I think both of us liked last week- Bishops Court Hill. I looked at the field the night before and glanced at the morning line odds. He was 6/1 and I thought that would be an excellent overlay if indeed he happened to go off at 6/1, or 5/1 or 7/1 range.
I wasnt playing that day but I was interested in watching this race. Bishop Court Hill opened as the favorite at 2/1 which surprised me. He hung aroung that price for a fairly long time in the betting, and eventually drifted up and went off at 7/2 and won.
Now 7/2 on a horse you think has a great chance to win isnt bad but I wouldnt consider that an overlay or even good value considering his poor form since his win in the Carter, which was on a sloppy track.
Had I bet the race I wouldnt have bet as much to win on him at 7/2 as I would 6/1. That probably would have been a $100 win bet for me but if he was 6 or 7/1 I would have probably doubled that bet.
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