The Position Payout market turns UK horse race betting upside down by offering higher payouts on any selected horse based purely on where it places. Enjoy set payouts, no stake doubling, and no guesswork on place terms.
When it comes to providing new and innovative betting options for the local punter, no one comes close to comparing with bet365.
Not only does the licensed bookmaker offer action on an incredible number of local and international sporting events, but they are constantly looking for ways to make the process simpler, faster, and more engaging.
Their latest innovation, the Position Payout market, is a game-changer for UK horse-racing fans, providing a new betting system with easy-to-understand payouts at a glance.
Steve Freeth, the bet365 sports and trading expert, said:
Football fans at bet365 have our family of boosts, the Early Payout Offer, the Accumulator Bonus and ‘Sub On Play On’ to enhance their enjoyment of their favourite sport, and now horse racing fans have Position Payout! An industry first, we hope our customers love our new product as much as we do!
Betting on where one's favourite horse will place is a tradition amongst British horse-racing fans. While everyone wants to see their chosen pony take top spot, the reality is that on the day any one of its peers could pip it at the line, this is where the Each-Way market comes into play.
If there is any doubt, you could spot your horse to win, and add a wager on its placing. The problem here is that Each-Way bets cost you double the stake, and depending on placement odds, there could be very little return if you don’t secure the win as well.
Add to that the fact that not all bookies cover the same number of placements, and Each-Way bets are a little lacklustre.
The engaging new Position Payout market by bet365 is precisely what the doctor ordered to cure the malaise of the traditional Each-Way market.
Bet365’s Racing Expert Pat Cooney said:
The brand new way to bet on horse racing, it’s amazing to see bet365 taking such innovative strides with the launch of Position Payout. While sometimes each-way terms can be difficult to understand, Position Payout couldn’t be simpler. The higher your horse finishes, the higher your payout.
Punters get to select their stake on their chosen horse race and are presented with the payouts for each horse on the roster, should it place in the top four positions.
This means that you can see the payout potential of each horse, at your preferred bet level, and see how much you will win for your bet amount should it cross the line in 4th, 3rd, 2nd or ideally 1st place.
No confusing calculations or concerns about which placements are available. The higher up the field your selection finishes the race, the more you win! It’s as simple as that!
This new betting market is exclusively available in the UK and Ireland to bet365 customers. To try it for yourself at one of the upcoming prestigious meetings, like Goodwood, Galway or York, follow these simple steps:
All that is left is to choose a horse racing event that offers the Position Payout option, select the horse that provides the best overall return for your bet size, and enjoy the race. If your horse places, you will receive the payouts as advertised.
What You Need to Know about Position Payout:
Approved
Hot
Blackjack
Slots
Roulette
Video Poker
Craps
Baccarat
