The spelling of the word "overbey" is quite straightforward once you understand its phonetic transcription. The word consists of two syllables: "over" and "bey". The "o" is pronounced as [oʊ], which is a diphthong, while the "v" is pronounced as [v]. The second syllable, "bey", is pronounced as [beɪ], with a long "e" sound. Therefore, the correct spelling of the word "overbey" is not too difficult to understand, especially if one knows the IPA phonetic transcription.