Bet365’s new horse racing market, Position Payout, is a simple and fresh alternative to each-way betting. 

Position Payout offers fixed odds based on a horse's finishing position, providing an easy-to-understand alternative to the headache of trying to understand each-way betting.

Rather than traditional each-way betting, which will see you get the same returns wherever your horse finishes (assuming it places), your winnings increase the higher your selection finishes with Position Payout. The higher your horse finishes, the more you win.

In order to use bet365’s new Position Payout markets, you’ll need an account. As well as this new racing feature, bet365 also offer Best Odds Guaranteed on UK and Irish racing, as well as daily racing boosts and racing bet builder bonuses.

What is bet365 Position Payout?

Position Payout is a simple, new alternative to each-way betting. Each-way betting can be confusing, a £5 bet ends up costing £10 to cover both win and each-way, and there can be question marks over how much you'll actually get back if the horse places - especially when combining each-way selections into an acca or a lucky 15.

bet365 Position Payout takes the confusion of each-way betting away. You can see your returns easily depending on where your horse finishes, as well as having no need to double your stake to cover both the win and each-way possibilities.

With Position Payout, you’ll get a better return for your horse finishing 2nd, than you will for it finishing 3rd. Whereas, if you back a horse each-way in a race with four places on offer, you’ll get the same return whether your horse finishes 2nd or 4th.

Example:

Below is an image of bet365’s Position Payout market for the 15:45 race at Goodwood.

As you can see, it’s simple to see your potential returns for each selection with a £10 total stake, depending on where the horse finishes. It’s clean and simple, with no each-way racing jargon to throw you off.

You can also combine selections across different races with Position Payout. Below, we have a three-fold acca for today’s races. Once again, it’s clear to see exactly what the returns will be.

The slip shows the maximum return you'll get if all three selections win, for a clear breakdown of the return per place, click the 'i' next to each selection.

How to get bet365 Position Payout

To get Position Payout, you’ll need a bet365 account. From there, once logged in, you can navigate to the horse race of your choice and locate the Position Payout markets.

You’ll be able to clearly see the potential returns per horse, depending on finishing position, if you back it with £10. Simply add the horse, or horses, you fancy into your bet365 betslip and place your bets.

If you don’t have a bet365 account, you can create one here. 

As well as getting Position Payout, you will also benefit from bet365’s Best Odds Guaranteed, as well as their daily racing boosts - they also have a free-to-play racing game called 6 Horses Challenge, which can see you win cash prizes, free bets and more from picking winners.

bet365 Position Payout FAQs

Can I use Free Bets on Position Payout?

Yes, Free Bets are available to use on bet365 Position Payout markets, for singles and multiples.

Can I bet on accumulators with Position Payout?

Yes, bet365 Position Payout allows you to combine multiple selections into racing accumulators.

You’ll be able to clearly see the potential returns, depending on the position that each horse finishes in.

Do I get Best Odds Guaranteed with Position Payout?

Yes, Position Payout will not affect bet365’s Best Odds Guaranteed, so you can be sure you’re still getting the best value possible when betting.

Can I bet on Ante-Post markets with Position Payout?

No, Position Payout is currently unavailable for ante-post betting.

What is the difference between Position Payout and each-way betting?

The key difference between Position Payout and each-way betting is that Position Payout can lead to higher returns, the higher your horse finishes.

Position Payout is also much simpler to understand than traditional each-way betting markets.

Does Position Payout work with a Lucky 15?

No, you can’t be on a lucky 15 with Position Payout, as this feature covers every finishing position for each horse already.

Your four-fold bet would count as an accumulator rather than a lucky 15.