In the UK, horse racing bets just got better with the launch of bet365’s Position Payout market. You can now bet on a horse to finish in any of several positions: 1st, 2nd, 3rd and beyond.
The higher the finish, the bigger the payout. And because bet365 shows your potential return before you place the bet, there are no surprises. In this quick guide, we’ll show you exactly how to use bet365 Position Payout and answer the most common questions about this new betting market on horse racing. Ready? Let's get started.
Quick facts about
bet365 Position Payout
- Position Payout is a newly introduced horse racing betting market available on bet365.
- The higher your chosen horse finishes, the greater your potential payout.
- This market is available pre-race only, so you'll need to place your bet before the race begins.
- You'll see the exact return for each possible finishing position before you confirm your bet.
- You can use Bet Credits to place Position Payout bets, but the Bet Credits stake itself won’t be included in any returns.
Pros and cons of
bet365 Position Payout
Since bet365 recently launched the Position Payout market for horse racing, we’ve had the opportunity to try it out as a better alternative to traditional options like
each-way betting. Here’s what stood out to us:
Pros and Cons
- Higher payout potential the higher your selection finishes
- Fixed odds for each finishing position
- Suitable for both casual and experienced bettors
- Only available for pre-race bets
How does bet365 Position Payout work? – Everything you need to know
The Position Payout for horse racing is a new take on traditional betting, offering higher payouts the higher your horse finishes. Unlike an each-way bet, where the place payout stays the same regardless of where your horse lands within the paid places, Position Payout gives more accurate predictions with better returns.
Each horse is assigned fixed odds for specific finishing positions, such as 1st, 2nd, or 3rd. For example, if your horse finishes 1st, you’ll receive the payout tied to that exact position, and if it finishes 2nd or 3rd, you’ll get a slightly lower return, also clearly shown before you place your bet. That means you’ll know exactly what you stand to win before placing your bet.
One major benefit of the Position Payout betting market is that it offers more value than each-way wagering, which usually pays out a fraction of the win odds. Here, the closer your horse finishes to the top, the bigger your payout. Even better, you don’t need to do any complicated calculations. Hence, it's ideal for both seasoned bettors and newcomers.
You can also use your Bet Credits to place bets on the horse racing Position Payout market. So if you’re new to bet365, you can try it out without using your deposited funds. Existing bettors can claim ongoing
betting offers at bet365
that include Bet Credits to explore this feature.
Here’s a quick overview of the key conditions that apply to bet365’s Position Payout betting market:
| Feature |
Details |
| Availability |
Only available pre-race |
| Antepost bets |
Not available for Antepost bets |
| Best Odds Guaranteed |
Not eligible for Best Odds Guaranteed |
Take note that the "Best Odds Guaranteed" promo is now offered to UK and Irish horse and greyhound racing only.
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Start your horse racing betting journey with bet365
How to bet using Position Payout on bet365 – A step-by-step guide
During our recent
bet365 review, we tried out the Position Payout feature while betting on horse racing. We quickly discovered that this market is one of the
betting strategies
you can use to add flexibility and transparency to your bets, especially when you're not confident your pick will win, but you still believe they'll finish strong.
Here’s a simple step-by-step guide to betting on
horse racing at bet365
using Position Payout:
To sign up on bet365, click the link on this page, then tap "Join Now." You’ll need to download the bet365 app from the Google Play Store or Apple App Store. Once installed, open the app and allow location access. Tap “Log In,” then “Join” to begin registration. Provide your country of residence, email, phone number, date of birth, and the last four digits of your SSN. You’ll also create a username and password.
Make sure all details match your ID to avoid verification issues later. You can also set deposit limits at this stage for responsible gambling. Finally, agree to the terms and click “Join bet365.”
🐎 Find Horse Racing Events with Position Payout
Head to the horse racing section in the app. Look for races that include the Position Payout market. These will have a dedicated payout table showing the fixed odds for each possible finishing position for every horse.
Once you’ve selected a race and a horse, enter your stake. The app will instantly display the potential return for each finishing position: 1st, 2nd, 3rd, and so on. Review the details and place your bet before the race begins, as this market is only available pre-race.
Conclusion –
bet365 Position Payout
is suitable for all bettors
Whether you’re brand new to horse racing or already a seasoned bettor, the Position Payout betting market on bet365 is designed to suit all types of bettors. From our experience, it's a great alternative to each way since it offers a clear potential payout even before placing your bet. Plus, before you confirm your bet, bet365 shows you exactly what you stand to win based on where your chosen horse finishes. The higher the finish, the higher your payout.
New bettors can also claim the welcome offer and use Bet Credits to explore the Position Payout market without using deposited cash. To get started, click the banner on this page to sign up on bet365, claim your welcome bonus, and try out the Position Payout market for yourself.
bet365 Position Payout
FAQs
🏇 What is Position Payout on bet365?
Position Payout is a unique horse racing betting market on bet365 that offers a higher return based on how high your selected horse finishes. Each position has fixed odds, and the potential payout is clearly displayed before you place your bet.
💳 Can I use Bet Credits to place a Position Payout bet on bet365?
Yes, you can use Bet Credits to place Position Payout bets. Just keep in mind that while your Bet Credits can be used to stake the bet, the value of the Bet Credit stake itself won’t be included in any returns you receive.
👶 Is Position Payout suitable for new bettors?
Yes. Position Payout is ideal for new bettors because you’ll see the exact payout for each possible finishing position before placing your bet, making it easier to understand than traditional each-way betting.
