Widely regarded as the definitive book on setting an odds line in your Thoroughbred handicapping, and for good reason. Cramer, who's authored a number of excellent handicapping tomes, spends a couple of hundred pages on the concept of value and how to achieve it. His greatest strength is his simple asserion, backed up with a number of examples, that there is no mechanical formula to be used; it's different for every race. He illustrates handicapping as art, rather than the handicapping-as-science approach used by many other books. Definitely a work that belongs in the bookshelf of every horseplayer, casual or serious. **** 1/2