Called face because of the gesture. A win at these odds will give you a profit of two-and-a-half times your stake.
Your stake: £1 win
Horse wins: £2.50 profit
2/3 place: No pay-out
Your stake: £1 e/w (£2 bet)
Horse wins: £3.13 profit
2/3 place: £1.63 return (37p loss)
(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)
