The horse racing industry has long needed a fresh approach to each-way betting, and Bet365 has delivered.
The Position Payout feature removes the confusion, simplifies the process, and tells punters exactly what they’ll get back based on where their horse finishes.
It’s clear. It’s fair. And it’s quickly becoming a favourite among serious and casual punters alike.
At GetYourTipsOut, we believe this is a genuine breakthrough. It combines the logic of place betting with fixed, transparent payouts.
We’ll be providing daily Position Payout predictions moving forward—because this format is here to stay.
What Is Bet365 Position Payout?
Position Payout is Bet365’s fixed-odds betting market where the return is based on your horse’s finishing position. The higher the horse places, the bigger your payout—simple as that.
Unlike each-way betting, which splits your stake and uses fractional odds that vary race-to-race, Position Payout displays clear multipliers for 1st, 2nd, 3rd, 4th, and sometimes even further down the field. The payout is locked in before the race starts. No maths, no fine print.
It’s betting stripped of the fluff—and that’s exactly what horse racing needs in 2025.
Why This Is Exactly What Racing Needed
For years, punters have had to battle with:
- Unclear each-way terms
- Fractional odds confusion
- Bookies adjusting places depending on the field
Position Payout cuts through all of that. You know the multiplier for each finishing spot before you even place your bet. If your horse finishes 2nd and the multiplier is 6x, that’s what you’re getting. No ambiguity.
Many of the best sports betting tipsters are saying the position payout bet type is a smart move from Bet365.
It empowers punters. It gives them clarity. And it finally puts place betting on the same level of transparency as win-only markets.
How Position Payout Works
- Go to Bet365’s horse racing section
- Select a race offering the ‘Position Payout’ market
- View the set payout multipliers for each position
- Place your bet on a horse to finish strong
- Get paid based on that finishing spot—no fractions, no recalculations
It works on desktop and app. It’s also available for multiples, and Cash Out is offered pre-race only.
We’re Now Offering Daily Position Payout Tips
You can now find daily Position Payout selections right here at GetYourTipsOut.co.uk.
As the number of qualifying races increases, we’ll be including standout horses that we believe can land inside the payout positions—not just the win.
This format gives us more room to identify value runners who may not get their head in front, but consistently run well.
British Racecourses Ltd, who voted GetYourTipsOut the number one horse racing tipster, created a comprehensive guide to the bet365 position payout and connected us to say that you need to be providing daily position payout predictions for bet365 punters.
Why Tipsters and Punters Are Backing It
The response from professional bettors and tipsters has been overwhelmingly positive:
- It rewards consistency, not just winners
- It’s ideal for horses that regularly hit the frame
- It suits punters who want predictable returns without the gamble of longshot wins
- It makes betting more engaging, especially on big-field handicaps
Position Payout opens up an entirely new angle for tipping—identifying horses with strong place profiles at tracks they love, or in races where they’re likely to run well without necessarily winning.
Important Terms to Know
- Only available pre-race on selected races
- Works as a fixed-odds market with visible multipliers
- No Best Odds Guaranteed or Odds Drift Protector
- Bet Credits can be used, but returns exclude the stake
- Cash Out is only pre-race
- If too few runners remain, bets may be void
- Dead-heats are paid at full value for the higher finishing spot
A Statement from Bet365
Bet365 has introduced Position Payout as a new way to bet on horse racing—one that focuses on rewarding finishing position, not just winners. Designed to replace complex each-way terms, it provides clear, fixed returns and is available across multiples on selected races.
Neil Fairweather, Bet365’s Chief Marketing Operations Officer, called it “a premium betting experience for both new and seasoned punters.”
Steve Freeth, Bet365’s sports trading expert, described it as “an industry first that racing fans will love.”
Racing expert Pat Cooney added: “It’s a simple, innovative way to bet that gives punters more clarity—especially ahead of major meetings like Goodwood, Galway and York.”
Final Word from GetYourTipsOut
Bet365’s Position Payout is exactly what modern horse racing needed—clarity, simplicity, and structure.
It’s a win for punters, a win for tipsters, and a massive step forward for betting innovation.
We’ll be backing it. We’ll be tipping for it. And we recommend you do too.
➡️ Check our daily horse racing tips for Position Payout bets now
➡️ Check out our comprehensive bet365 review
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