Most of the people commenting have absolutely no idea what goes on in the studio, and are just surmising based on the general perception of Steve Harris.
Probably the several songs that have the same verse repeated. Although, it's a bit much calling them unfinished as they all had been written in the 70s even before the first album, so they had plenty of time to finish them if that's what they had wanted to do.
It comes from horse racing, bookies pay out money if your horse wins the race or if you have an each way bet if it finishes in the first 3. The other horses in the race that didn't come in the first three places are referred to in the results as "also ran", i.e. they also ran in the race...
That sounds live there, the guitars are still feeding back when the bass for Wrathchild starts and there's no noticeable difference in tone between the Ides of March and Wrathchild as you would expect between a tape and the live band.
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