Bet365 Launch Position Payout – A Game-Changer in Horse Racing Betting

Conrad Castleton

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Last updated: Thu 20 Nov 2025 16:39

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Conrad Castleton 20 Nov 2025

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Bet365 launches Position Payout for horse racing
Feature offers fixed odds for specific finishing positions
New users can access a sign-up offer using a promo code

Bet365 has officially rolled out its latest innovation in the betting world – Position Payout, a ground-breaking feature for both new and existing customers.

Welcome to the new way of betting. It's not just about rewarding winners; it's about rewarding where you finish.

What Is Position Payout?

Position Payout is a brand-new way of betting on horse racing, created by bet365. The overall concept is simple - the higher your horse finishes, the bigger your payout!

This feature offers fixed odds for specific finishing positions, making it easy to understand and even easier to win. Position Payout gives you a transparent and rewarding experience where performance placement is what counts - so, no more second-guessing each-way terms or calculating potential returns based on fractions and places.

"Reflecting our commitment to horse racing and our dedication to innovation, Position Payout delivers a premium betting experience for our new and existing customers", said Neil Fairweather, bet365’s Chief Marketing Operations Officer.

"We are confident that this milestone product launch will not only support casual horse racing bettors but also offer an alternative option for our more avid horse racing fans."

How It Works

Go to any horse race that offers the Position Payout market
Each selection will have a price for finishing 1st, 2nd, 3rd, 4th and so on
Place your bet
The higher your selection finishes, the higher your payout

Whether your horse just misses the win or finishes strong in the top five, your bet still counts in a meaningful way. Position Payout is a breakaway from traditional betting, bringing simplicity, clarity, and a new dimension of excitement to horse racing.

Position Payout is available pre-race on selected UK & Ireland Horse Racing from 10:00am UK Time on the day of the race. For selected Australia and New Zealand Horse Racing, Position Payout will be available pre-race from 01:00am 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.

To qualify for this offer, place qualifying pre-race bets on any horse race that offers the Position Payout market.

Your Free Bets will be available within 48 hours of the race finishing. Bet restrictions, time limits and T&Cs apply.

bet365 Sign Up Offer

If you're not a bet365 user and want to make the most of Position Payout, you'll need to open a new account. To do that, follow these simple steps...

Follow any of our links to bet365
Open a new account using the promo code NEWBONUS
Complete and verify your account

Using our bet365 promo code entitles you to the top welcome offer, which is "Bet £10 Get £30". Existing bet365 customers can also make the most of this fresh Position Payout promotion.

Key Terms and Conditions

Position Payout is available pre-race on selected UK & Ireland Horse Racing from 10:00am UK Time on the day of the race. For selected Australia and New Zealand Horse Racing, Position Payout will be available pre-race from 01:00am 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.