Bet365’s Position Payout is changing the way punters approach horse racing. Instead of relying on outdated each-way terms, this new fixed-odds market pays out based on your horse’s finishing position—not just whether it wins.
The Bet365 Position Payout is A Game-Changer for Each-Way Punters.
The concept is simple: the higher your horse finishes, the bigger your return. It removes the confusion of fractional place odds and offers clear, structured payouts that are visible before you place your bet.
Whether you’re chasing place value or just looking for a smarter staking option, Position Payout is already becoming a favourite among serious bettors.
Contents
- What Is Bet365 Position Payout?
- How to Place a Bet365 Position Payout Bet
- Why Punters Are Making the Switch
- What Horse Racing Tipsters Think
- Where to Find Position Payout on Bet365
- Position Payout vs Traditional Each-Way Betting
- How Much Can You Win?
- Key Terms You Need to Know
- Is Bet365 Position Payout Worth It?
- Final Verdict from SportsBettingTipsters.co.uk
What Is Bet365 Position Payout?
Position Payout is a fixed-odds alternative to each-way betting. Rather than splitting your stake across win and place markets, Bet365 offers set multipliers depending on where your horse finishes. These payouts are clearly displayed for each runner in the market, typically covering 1st to 4th (sometimes beyond).
There’s no ambiguity, no guesswork, and no need to calculate fractions. If your horse finishes 2nd, you get the fixed payout shown for 2nd. It’s that simple.
This format rewards consistent performers and appeals to those who want more control over their expected returns.
How to Place a Bet365 Position Payout Bet
Placing a Position Payout bet is straightforward:
- Head to the Horse Racing section on Bet365
- Select a race offering the ‘Position Payout’ market
- View the fixed payouts listed for each position
- Place your bet on the runner you believe will finish strongly
- Collect your payout based on the finishing position and multiplier
It works seamlessly on both desktop and the Bet365 app. Cash Out is available before the race begins.
Why Punters Are Making the Switch
Punters are already embracing Position Payout for several reasons:
- No complex place terms – the payout structure is visible up front
- Win without winning – your horse can finish 2nd or 3rd and still deliver solid returns
- Ideal for accumulators – Position Payout selections can be added to multiples
- Available across key markets – including UK, Irish, Australian and international races
- Perfect for place-focused strategies – like value hunting or form-based betting
What Horse Racing Tipsters Think
Some of the UK’s top racing tipsters have already voiced strong support for Bet365’s Position Payout:
James Dooley, professional bettor and spread betting enthusiast, calls it:
“A superb solution that blends the best of each-way betting and spread markets. It suits my style perfectly—I can bet on consistency, not just wins.”
Joe Norris, lead horse racing tipster at Sports Betting Tipsters, believes:
“Position Payout will transform how the average punter backs horses. It removes the nonsense around place terms and makes returns easy to understand.”
David Dooley, who now posts daily Position Payout tips, explains:
“I’m already using this over traditional each-way bets. It’s cleaner, quicker, and I find the returns better than many spread betting options too.”
Where to Find Position Payout on Bet365
You can locate this feature easily:
- Visit the racecard for any meeting
- Look for races marked with the ‘Position Payout’ label
- Fixed multipliers for each finishing position will be listed
- Bet accordingly and see exactly what you’ll receive before the race begins
Position Payout vs Traditional Each-Way Betting
Here’s how it compares:
Feature | Position Payout | Each-Way Betting |
---|---|---|
Return Based On | Finishing position | Win + place fractions |
Transparency | Fixed multipliers shown pre-race | Varies by field size and terms |
Complexity | Simple | Often confusing for newer bettors |
Accumulators Allowed | Yes | Yes |
Best Used For | Consistent performers | Outsiders or longshots |
Position Payout removes the grey area. You’re paid a set return for the exact position your horse lands in.
How Much Can You Win?
Your payout depends on the multiplier displayed for your horse’s position. For example:
- 1st = 10x stake
- 2nd = 6x stake
- 3rd = 3x stake
- 4th = 2x stake
If you stake £10 and your horse finishes 2nd (6x), you’ll get £60 back. Simple.
There’s no guessing, no worrying about whether the race qualifies for standard place terms—it’s all laid out clearly.
Key Terms You Need to Know
- Only available pre-race on selected UK, Irish, Australian, and international meetings
- Fixed-odds market with predefined payouts based on finishing position
- Cash Out available only before the race starts
- No Best Odds Guaranteed or Odds Drift Protector included
- Bet Credits can be used, but returns exclude the stake value
- Not valid on antepost markets
- Non-runner rules apply based on odds at withdrawal
- Dead-heats pay out at full multiplier for the higher finishing position
- Bets voided if fewer runners than payout positions remain
Is Bet365 Position Payout Worth It?
Absolutely for punters who regularly bet each-way or favour place-focused betting strategies. It simplifies staking, improves transparency, and gives consistent backers better value.
Use it when:
- You want fixed returns with no guesswork
- You back horses to place more often than win
- You want more control over accumulator returns
Avoid it if:
- You rely on Best Odds Guaranteed
- You only chase longshot win bets
Final Verdict from SportsBettingTipsters.co.uk
Bet365’s Position Payout is more than a gimmick—it’s a smart, structured alternative to the outdated each-way model.
For many punters, it will become the go-to choice for place-focused bets. And with expert tipsters already providing daily Position Payout predictions, it’s only going to gain momentum.
Here is a great resource for bet365’s position payout from British Racecourses who answer every question a horse racing punter might have about the new innovative bet365.com bet type.