bet365 Position Payout Explained - New Horse Racing Betting Market
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bet365 Position Payout
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.
Join bet365 and get access to Position Payout, as well as £30 in Free Bets when you bet £10.
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.
How Does a bet365 Position Payout Acca Work?
Add multiple Position Payout legs into your betslip, just as you would for any other accumulator, it's just the way that the return is calculated that'll be slightly different to an ordinary accumulator.
The return will be calculated based on the finishing position of each leg, using the usual multiplier calculations involved to produce accumulator odds, and the maximum return will be stated in your betslip when you enter a stake and when you place the bet.
The maximum return may decrease as the legs play out, as long as your horse finishes in the relevant position to secure a Position Payout winner, if it doesn't, then it's a losing leg and the acca loses just as a normal one would.
The higher position your horses finish in, the higher the return will be.
Every horse within a Position Payout Acca does not need to win their race to secure a return.
If all four of my horses in my Position Payout Acca need to finish in the top three to secure a return, it can be a mixture of those positions, and I'll still be paid out.
For example, if Horse 1 finishes 2nd, Horse 2 finishes 3rd, Horse 3 finishes 1st and Horse 4 finishes 3rd, I will still see a return on my accumulator, calculated based on those finishing positions, but it will not be the same as the stated 'Max Return' in my betslip when I've placed the bet.
Position Payout is available on selected UK and Irish races and is available from 10am on the day of the race.
On selected Australia and New Zealand races, Position Payout will be available from 1am UK time on the day of the event.
For races in North America, South America, and other International meetings, Position Payout will be available on selected meetings one hour before the first race of the meeting, when Fixed Prices are available.
bet365 Position Payout terms to be aware of
Position Payout is not available on ante-post markets
Best Odds Guaranteed does not apply to Position Payout
Odds Drift Protector also does not apply
Cash Out is only available pre-race
Bet Credits can be used, the Bet Credits stake will not be included in returns
If there is a dead-heat, Position Payout will be paid out based on the higher place. If the horse dead heats for 3rd place, you will receive the full payout for 3rd place
Additional bet365 Bookmaker Features
As well as Position Payout, there is a wide range of additional bet365 bookmaker features for existing customers, including:
➡️ bet365 Sub On Play On
➡️ bet365 6 Scores Challenge
➡️ bet365 2 Goals Ahead Early Payout
➡️ bet365 Best Odds Guaranteed
➡️ bet365 Acca Boost
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?
No, Best Odds Guaranteed does not apply to Position Payout bets.
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.
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