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Honest Frank explains Honest Frank explains
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5-1
5-1
Five times any winnings for every win unit staked. Known as hand, and also ching.

Your stake: 1 win
Horse wins: 5 profit
2/3 place: No pay-out

Your stake: 1 e/w (2 bet)
Horse wins: 6.25 profit
2/3 place: 25p profit

(Based on a handicap with more than 16 runners, such as the Grand National. Each-way payouts can vary depending on the size of field and type of race)

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