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If you have ever placed a horse racing bet then there is a good chance the age-old dilemma of to whether to bet win only or each way will have reared its head.
After all, there can be nothing worse than putting £50 down on a horse to win at 20/1, only to see it pipped in a photo finish for second place.
Yet if you backed the same horse at 20/1 each way and it duly obliged, chances are you might be wishing you went in for the kill and backed it to win.
Without a time machine, it’s impossible to know the right way to bet all the time, but today I have some stats to showcase some of the ways to judge whether to bet win only or each-way. In doing so, I can hopefully help shed some light on which way to tackle this perennial betting hot-potato.