Jamie
Undercut/Overcut, really, whats the difference? If you hang yourself out there too long to try and use the overcut you might very well over use your tyres and not gain the advantage you hoped.
And the end of the day its the same principle, trying to create a tactic that balances tyres wear/fuel weight etc.
Undercut: Tactic where the driver 1 pits (usually 1 lap)
BEFORE than driver 2 in order to get ahead of the driver 2 when he/she goes to the pit lane...
Overcut: Viceversa to Undercut, when driver 1 overtakes driver 2 when (driver 1) pits (usually 1 or 2 laps)
AFTER driver 2 does his/her pit stop...