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I think in general the "value" horse is best exploited in the pick 4 and pick 5 pool as a single when it is a horse you like a lot, has an attractive morning line and public handicappers aren't all over him. In other words you think a horse should be about 3-1 he is sitting at at about 8-1 on the morning line in one of the latter races of the pick 4/pick 5 and you look at the public handicappers and they aren't all over this horse(maybe one or two have him 3rd or 4th). If you are indeed right about his value you may be getting value on a horse that ends up at 3-1 or 4-1 after all bet betting is in. If he gets hit by the bettors, he still likely is more like 6 or 7-1 in the pick 4/pick 5 pools.
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