Spending more than $8 on a bottle of wine is a waste of time.
According to a study, most people cannot tell the difference between the cheapest supermarket variety and quality wines that cost up to $50.
In a series of blind tests, members of the public correctly identified whether they were drinking a cheap or expensive wine half the time — a success rate that is no better than chance.
They were most accurate when testing pinot grigio, with 59 percent able to recognize either a $7 or $15 bottle.
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