Value play

[bogeydaman]

Originally Posted by jpops757

Most over used term in horseracing. How can a loser have any "value"?

Here are a few "over the top" scenarios.

There is a match race. A maiden 5K claimer vs Secretariat. Secretariat is 100-1 odds in the match race. The 5K maiden claimer wins the race. Would you not consider Secretariat in this spot a "value" play despite losing the race? Would you not want $ invested in this wager?

Someone offers you a bet on a coin flip and offers you 2-1 on your wager. You call the flip and lose. Do you not consider that a value wager even though you lost?

IMO the only way to be financially successful in this game is to find value in the wagers and not picking winners.