Position Payout - New At Bet365!
What is Position Payout?
The Higher You Finish, The More You Win!
"Position Payout" is a newly launched betting market at bet365, which simplifies each-way betting.
Pick your runner and if it finishes in the qualifying places, get paid out! The higher the selection finishes, the more you win! Compared to each-way betting, more value is available, even if you miss out on winning the race.
Regular Each-Way Betting
Using the attached odds example from a race at Glorious Goodwood on 30th July, 2025, you can see that Crimson Spirit, ridden by Richard Kingscote, is available at 10/1 on the regular market, with one-fifth odds paid on 5 places.
A £5 each-way bet, totalling £10, would pay the following:
- Win - £50 (£5 @10/1 - 5 x 10)
- Place - £10 at One-Fifth Odds (£5 @2/1 - 5 x 2)
Position Payout Betting
The Position Payout market offers a simplified each-way market and potentially larger winnings if your selection misses out on the win.
A £10 stake on this market would net you the same winnings (£60) as an each-way bet, if Crimson Spirit were to win the race.
Position Payout offers more winnings than the standard each-way market.
However, if it fails to win, you could still return more from a place finish than your each-way bet would pay out.
- 2nd Place - £26
- 3rd Place - £18
- Regular place - £15
- 4th Place - £14
- 5th Place - £11
So not only does Position Payout offer an easier each-way betting option, it can also pay more in winnings!
Position Payout T&Cs
Full Terms and Conditions
- 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.
- 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.
- Position Payout bets can only be Cashed Out pre-race.
- Position Payout bets are not available on Antepost markets.
- Bet Credits can be used for placing Position Payout bets, but your Bet Credits stake will not be included in any returns.
- 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.
- 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.
- 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.
- Position Payout bets will not be eligible for Best Odds Guaranteed or Odds Drift Protector.
Bet365 Sign Up
Bet365 Bonus Code
Claiming the Bet365 Bet £10 Get £30 offer couldn't be easier.
How to Claim
- Click 'Claim' and register with Bet365.
- Make a deposit of £10 and claim the offer.
- Place qualifying bets matching your deposit and allow them to settle.
- Receive your free bets, and select 'Use Bet Credits' when placing a wager to use them.
Bet365 bonus code T&Cs
- Available to new customers only.
- Make a qualifying deposit of £10* or more and claim the offer within 30 days of registering your account to qualify for 300% of that amount in Bet Credits, up to a maximum of £30* in Bet Credits.
- Once released, your Bet Credits will be held in your account balance and are non-withdrawable.
- To release your Bet Credits for use, you must place qualifying bets to the value of your qualifying deposit (capped at £10*) and they must settle within 30 days of claiming the offer.
- Only qualifying bets placed and settled after claiming the offer will count towards this requirement.
- Apple Pay, Google Pay, PayPal, paysafecard and all other prepaid credit and debit cards, where available, cannot be used for either your qualifying deposit or any subsequent withdrawal of returns from Bet Credits stakes unless Bet365 have successfully verified an accepted form of your Identity Documents and you have entered a Postal Verification Code (PVC), or Bet365 have successfully verified two accepted forms of your Identity Documents.
For full Bet365 bonus code T&Cs, visit Bet365.
