bet365 Position Payout Explained: Higher the Finish, Bigger the Payout

What is bet365’s Position Payout?

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

In traditional each-way markets, a second-place finish delivers the exact same return as a fifth-place finish. bet365's Position Payout provides a dynamic alternative by calculating returns directly against where your horse crosses the line.

By abandoning fixed fractions in favour of tiered odds, a horse finishing second yields a better return than one coming in fifth. As coverage and place allocations depend on the specific meeting, reviewing the active terms on the race card is a necessary step before locking in your bet.

How does the Position Payout work?

1. Sign in to your bet365 account or register as a new customer by clicking our link.
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.

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.

bet365 Position Payout Key Features

• Latest horse racing promotion exclusive to bet365
• The higher the finish, the bigger the payout
• Available pre-race only
• You know the exact amount you are going to win before betting
• It is available on multiples
• Not eligible for Best Odds Guaranteed or Antepost bets

bet365 Position Payout Example

Select a horse available from the Position Payout promotion in a featured race (e.g., the Gold Cup or the Queen Elizabeth II Jubilee Stakes) at 10/1 odds, staking £5.

If your selection wins, you receive the full payout at the normal odds. If the horse finishes 2nd, you get a slightly reduced payout, but it is typically better than standard each-way place terms. If 3rd, the payout is less than 2nd but still offers a solid return on your stake. If 4th, you might still receive a small return, which is not typical under standard win-only terms.

Depending on where your horse finishes at all the biggest meetings of the year, you could receive the following profit:

• 1st Place: £50
• 2nd Place: £35 (e.g., 7/1 payout)
• 3rd Place: £25 (e.g., 5/1 payout)
• 4th Place: £15 (e.g., 3/1 payout)

If you want to get involved but do not have a bet365 account, you can sign up and receive some free bets. You just have to use our code and click our link below.

Bet £10 Get £30 in Free Bets

The bet365 Sport bonus code to claim this offer is SPRT365

Claim Offer

• Min Deposit:£5
• Min Odds: 1/5
• Bonus Expiry: 7 Days

• Min Deposit:£5
• Min Odds: 1/5
• Bonus Expiry: 7 Days

T&Cs: 18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.

Which Races are Eligible for Position Payout?

The bet365 Position Payout is not available for every single race, and it is strictly a pre-race market. Here is a breakdown of when and where you can find eligible races:

• UK & Ireland Racing: The market becomes available on selected races starting at 10:00 AM UK Time on the day of the race.
• Australia & New Zealand Racing: For chosen meetings in these regions, the market opens at 01:00 AM UK Time on race day.
• International Racing (North/South America & Others): For these selected meetings, the market becomes available one hour before the first race begins, provided fixed odds are offered.
• Antepost Betting: Position Payout is explicitly excluded from all Antepost markets.