title: Betting thoroughbreds: A professional's guide for the horseplayer
author:  Steven Davidowitz 
description: Totally revised and expanded to cover the newest forms of wagering and the latest handicapping theories, with examples of how to apply them, this book proves that the key to winning at the track is not in one all-powerful secret, but involves using the right tools at the right time.
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  Steven Crist 
  CHAPTER 3: CRIST ON VALUE 
   
  Bet With the Best: Strategies from America’s Leading Handicappers 
  Copyright 2001 © by Daily Racing Form LLC 
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
          VINTAGEVALUEINVESTING.COM 
  
   
  VINTAGEVALUEINVESTING.COM | 1 
  ABOUT STEVEN CRIST 
   
  Steven Crist, who retired in July 2016, was a longtime executive, editor, publisher, 
  innovator, and columnist of Daily Racing Form (DRF). DRF is a newspaper that was 
  founded in 1894 and publishes the past performances of race horses; the paper is 
  the gold standard statistical service for horse race handicappers in North America. 
  As one journalist puts it, “DRF is to horseplayers what the Wall Street Journal is to 
  investors.” 
  Steven Crist attended Harvard and served as editor of The Harvard Lampoon. It 
  was in college that he fell in love with horse racing: “The stats and numbers stuff is there. Plus the 
  animal