Last Updated: 28 July 2025, Author: AceOdds.com

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bet365 Position Payout - Horse Racing

bet365 has given each-way betting in horse racing a revamp. Now, the higher your selection finishes, the higher your payout.

What is bet365’s Position Payout?

bet365's brand new horse racing promotion Position Payout is a refreshing take on the classic each-way bet with the difference being: the higher you horse finishes, the greater the rewards.

Each-way betting can be confusing to the inexperienced bettor with different placements for different races and the same payout regardless of whether your horse finishes 2nd or 5th for example. bet365’s Positions Payout has the potential to change the face of each-way betting.

Until now, the place part of each-way bets has been paid out at the same odds. Now you will be rewarded on where your selection finishes so the higher the finish, the larger the payout!

How does the Positions Payout work?

  1. Sign in to your bet365 account or register as a new customer using the bet365 Bonus Code.
  2. Go to a horse race of your choice and select the 'Position Payout' tab.
  3. Here, you can then see the possible payouts available depending on where your selection finishes in the race. Each selection will display a return for finishing 1st, 2nd, 3rd, 4th etc
  4. Place your bet, and the higher your selection finishes, the higher your payout.
bet365 Positions Payout screenshot
Screenshot taken July 2025

Position Payout is available for pre-race single bets on Horse Racing and eligible for Double Result. It is not eligible for Best Odds Guaranteed. In the event of a horse within a Position Payout bet becoming a non-runner, selections on that horse will be made void and the multiplier for the other horses will be recalculated for the remaining selections where appropriate.

Full Terms and Conditions

  1. Position Payout is available pre-race on selected UK & Ireland Horse Racing from 10:00 AM UK Time on the day of the race. For selected Australia and New Zealand Horse Racing, Position Payout will be available pre-race from 01:00 AM UK Time on the day of the race. For Horse Racing from North America, South America, and International meetings, Position Payout will be available pre-race on selected meetings one hour before the start of the first race at each meeting, where Fixed Prices are available.
  2. Position Payout is a fixed odds market. The payout of your bet is determined by the set multiplier assigned to the finishing position of your chosen selection.
  3. Position Payout bets can only be Cashed Out pre-race.
  4. Position Payout bets are not available on Antepost markets.
  5. Bet Credits can be used for placing Position Payout bets, but your Bet Credits stake will not be included in any returns.
  6. In the event of a horse within a Position Payout race becoming a non-runner at odds of 5.75 or greater, your bet will stand at the original price. If the non-runner is at odds of 5.50 or less, then your bet will be recalculated in line with prices at the time of withdrawal.
  7. In the event of the number of runners in the race being equal to or less than the number of finishing positions offered at time of bet placement then bets will be void.
  8. In the event of a dead-heat, Position Payout bets will be paid out at the full multiplication value for the higher place. For example, if your horse dead heats for 3rd place, you will receive the full payout for the 3rd place multiplier.
  9. Position Payout bets will not be eligible for Best Odds Guaranteed or Odds Drift Protector.

bet365 Positions Payout Key Features

  • The higher the finish, the bigger payout
  • You know the exact amount you are going to win before betting
  • It is available on multiples.

bet365 Position Payout FAQs

Position Payout is bet365's new horse racing promotion. It is a new take on each-way betting where instead of a fixed each-way payout, you are rewarded based on where your selection finishes. So, the higher the place, the larger the payout.

Simply login to bet365, select a horse race and click on the 'Positions Payout' tab to see what races are available under the promotion. Click here to head straight there!

When selecting the 'Position Payout' tab you can see the potential payout for each horse before betting.

Yes! Free bets from your bet365 welcome bonus can be used under the Positions Payout promotion.

No. Best Odds Guaranteed is not eligible under the Position Payout promotion.


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Last Updated: 28 July 2025