bet365 Reveal Position Payout - A New Way to Bet on Horse Racing

bet365 has brought a new dimension to horse racing betting with their latest product, Position Payout, which was launched earlier this month.

Positions Payout is a great new way to bet on horse racing, as it means bet365 users can win more depending on where their selection finishes. Essentially, the higher your selection finishes, the more you will win! 

It is intended to offer more value than each way betting and is easier to understand for the less experienced bettor, so if you're new to horse racing betting, Positions Payout is a great place to get accustomed.

With each way bets, you don't necessarily know how much you can win, but with Position Payout, this uncertainty is eliminated as the odds are fixed before placing the bet.

You can find out more about Positions Payout below, as well as how to register with bet365 and claim their latest sign up offer to unlock £30 in free bets, which you could utilise on the new product.

How does bet365's Position Payout Work?

Position Payout is designed to be an easier-to-understand market than each way betting, as you know exactly what you can win when the bet is placed. 

The higher your horse finishes, the more you will win, which means there is no confusion with places, and the reward you can get at 1/5 of the odds. Find out more below:

• Simply log into your bet365 account and go to the horse racing section
• Go to any horse race that offers the Position Payout market
• You will see that each selection has a price for finishing 1st, 2nd, 3rd, 4th and so on...
• Place your bet, and the higher your selection finishes, the higher your payout.

 

 

How to Claim the bet365 Sign Up Offer: Bet £10 Get £30 in Free Bet

In order to take advantage of the new Positions Payout market, you must have a bet365 account. The great news is you can currently claim £30 in free bets with the bet365 sign up offer, giving new users some free bets to test the waters with this new market! Follow the steps below to claim the £30 bet365 sign up offer:

• Click this link to claim this bet365 offer
• Create your new bet365 account using the promo code 'ODDSCHECK'
• Make a deposit of at least £10
• Bet £10 on any Positions Payout market at minimum odds of 1/5 or greater
• Once your bet has settled, you'll unlock £30 in free bets thanks to the bet365 sign up offer

 

 

Other bet365 Horse Racing Promotions

As well as Position Payout, bet365 also has other ways in which users can win with their horse racing bets. These promotions may not always be available, but we will explain below how each offer works and any potential limitations:

•  bet365 Best Odds Guaranteed: Take a price on your selection, and if the SP is bigger, bet365 will pay you at the bigger odds. Simply place a bet on any horse race from 8am UK time on the day of race, taking the price on your selection. If your selection wins or places and the SP is greater, bet365 will pay you out at bigger odds. Offer applies to bets placed on the standard Win and Each Way Fixed Odds market only.
• bet365 Racing Value: Get early prices on every race and payout on disqualified horses and greyhounds.

 

bet365 Positions Payout Terms and Conditions

1. 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.
2. 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.
3. Position Payout bets can only be Cashed Out pre-race.
4. Position Payout bets are not available on Antepost markets.
5. Bet Credits can be used for placing Position Payout bets, but your Bet Credits stake will not be included in any returns.
6. 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.
7. 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.
8. 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.
9. Position Payout bets will not be eligible for Best Odds Guaranteed or Odds Drift Protector.