Why be on each way at less than 10/1? A question thrown my way many, many times over the years. My answer remains the same.
My route to annual profitable punting has always involved trying to give as little stake money to the bookie as possible. That means that, unless you feel confident a selection will win, be on each way if you think that horse might win, but should at least get placed. Horses that are hardly ever out of the first three are perfect for being on each way - even if the price is one that will . . .
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