Personally, I try not to use round shot.
From the demo on I have been using chain shot and when they are spread out and crippled I go in with grape shot and rake them into submission.
I never use British Naval Tactics; go in close with round shot and strike them. That creates too money fires and explosions. And sunken ships count for 0 prize money.
Naval Prize Money has been in some campaigns the only cash I had to run the economy.
As for the 5 5th rates taking on 20 galleons, anything is possible but I would say ill advised in this version. I would recommend as the minimum force; 6 3rd rates and 2 5th rates...
Also when using chain it is best to give the enemy the weather gauge and catch them coming down wind with full sails.
If everyone were using battle sail then it would be a whole new game.
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