Value Handicapping: The Art of Making Your Own Line and Identifying Overlays

Value Handicapping explores why the great majority of even good handicappers lose more than they win at the track. This unprofitable state of affairs, partly stems from the 20 percent average takeout which comes off the top of every race. But, even more important, Cramer convincingly shows that most horseplayers underachieve because they play too many races and are obsessed with picking winners as opposed to identifying and backing only those horses that are underbet in proportion to thier chances of winning. Cramer shows handicappers how to create their own personal odds lines and then use them to identify which, if any, horses are overlayed and worth betting in any given race.