If you enjoyed Picking Winners, I urge you to keep going with Beyer and read Winning Horseplayer (where he introduces trip handicapping) and then my personal favorite, Beyer on Speed, which IMO really is The Bible of (and beyond) speed figures. Granted I really love Beyer's writing style, but Beyer on Speed to me is the most complete handicapping book out there that isn't 1000+ pages. Just FYI (and I am not trying to advertise here) Beyer on Speed and Winning Horseplayer have just been revised and all three have new, updated jackets. You can also buy them at DRF.
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