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Honest Frank explains Honest Frank explains
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5-4
5-4
Five to four is one of the shortest prices in the odds-against side of evens, and is normally an indication the horse is well-fancied.

Your stake: 1 win
Horse wins: 1 profit
2/3 place: No pay-out

Your stake: 1 e/w (2 bet)
Horse wins: 1.25 profit
2/3 place: 1.25 return (75p loss)

(Based on a handicap with more than 16 runners, such as the Grand National. The amount and number of each-way payouts varies depending on the size of field and type of race)

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