Slowest Horse

Two friends made a bet whose horse is slower. After wondering for days what is the fastest and fairest way to figure out who wins the bet, they finally decided to ask a famous wise hermit for help. Upon giving them his advice, the two friends jumped on the horses and started racing back to the city as fast as they could. What did the hermit say?

He told them to switch their horses and whoever gets to the city first will win the bet.

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