Bet365 Launches Position Payout Ahead Of Cheltenham Festival

Bet365 customers are already used to getting the value when they bet on horse racing with this bookmaker. 

However, there’s a brand new promotion just launched which is well worth checking out. 

Position Payout quite simply means that the higher your selection finishes, the more you win with your wagering.

Bet365 doesn't just want to reward winners. It is also prepared to pay according to where your selection finishes. 

Therefore, it’s possible to land a return if your selection doesn’t win a race but manages to finish second, third or even fourth.

How To Take Advantage Of Position Payout At Bet365

You need to sign in to your Bet365 account or alternatively register as a brand new customer. It’s then a case of going to any horse race that offers the Position Payout market.

When you have hit that race page, you will see that each selection will display a return for finishing first, second, third and so on. 

It’s then a simple case of placing your bet. The higher your selection finishes, the higher your overall payout.

Position Payout is available from 10am on the day of the race and will apply to selected UK and Irish horse races. 

There are also some Australian and New Zealand races where customers are able to take advantage from 1am UK time on the day of the race.

For example, you might visit a race page and find that a £10 stake on Maxios Prime will return you £31 if the horse wins. 

There’s £14 returned if the same horse finishes second and £10 if the runner lands third (which would effectively mean money back). 

If the above finishes fourth, then you would get £7, which is most of your stake returned.

This is likely to be a popular betting market for Cheltenham. 

We have plenty of races with big competitive fields and it’s great to go down this route as an alternative to each-way betting.  

It’s great to back a horse and have it bang in contention towards the end of a race. The better the runner performs, the more money you can win in the process.

This is just one of several racing betting markets that are now available at Bet365. There’s now the chance to place a Bet Builder on any UK or Irish race.

This means customers can go through the field and select runners to win or land a place.

It can be an exciting way to bet and there’s a 25% bonus on top of any successful bets with three or more selections.

This is also a Best Odds Guaranteed bookie who offers customers the chance to bet on horses to finish in the top 2, 3, 4, 5, 6 or 7 depending on the number of runners. 

This is not dissimilar to Position Payout and is a great way of choosing risk or reward depending on your view of how a horse race might pan out.

Indeed, Cheltenham punters might also be interested in a Money Back option for each race. 

This is where you can get your stake returned if the horse doesn’t win but achieves a place in the top 2, 3 or 4.

Also look out for live streaming which is available across all UK and Irish meetings, including the Cheltenham Festival and Grand National. 

This service can be accessed simply by having a funded account and it’s great to watch the live action without needing to have a paid subscription.