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I just read an interview with Alan potts


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on another racing forum, when someone asked what he thought of each way betting. He replied with something along the lines of "Who do you think invented each way betting, where you HAVE to put a portion of your money on the horse winning", its made me think a bit. Theres a lot of interviews on the site, but the forum itself isnt very active

What do you think of Each Way betting. ? Unless its against an odds on fav I think its a bet for those who want to reduce losses rather than maximise profits. If you bet each way, ask yourself who thought up the concept? My guess is that it was a bookmaker, not a punter who invented each way betting. The bookmaker forces the punter to have a win bet on a horse in order to have a place bet. That means he fields win money for outsiders that help him to balance his book.
Full interview This may have been posted before Evan
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