I'm kind of thinking aloud here, looking for some confirmation and I'm under no illusions that there are many more accomplished bettors than I on this forum, but isn't one of the basic premises of being considered a well handicapped horse if a runner's chase and hurdle ratings differ? For instance, let's take a look at Zerachiel in today's 4:50. He runs in a chase today and is rated 107, while his hurdle rating is 7lbs higher at 114 (edit at 5:25: hurdle rating is 112, so 5lbs higher). Not taking any other factors into account, would this make him well handicapped? If we do take another factor into account, the race is 0 - 105, so he just sneaks in. Would this make him handicapped even better for this particular race?