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Bet365 launches Position Payout, the brand-new horse racing product!

| By iGB content team
Exciting new product means the higher the finish, the more you win.

Betting giant Bet365 has announced the launch of Position Payout, an innovative, brand-new product for horse-racing, with further global rollouts due across multiple sports.

Position Payout is not just about rewarding winners; it’s about rewarding where you finish. So now, the higher your selection finishes, the higher your payout.

Position Payout is simple to use:

  • Punters know the exact amount they are going to win before the event, without trying to get their heads around each-way terms.
  • Bettors get the added benefit of getting a bigger payout the higher they finish.
  • Available on multiples.

Full details and latest odds can be found here.

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, and the higher your selection finishes, the higher your payout.

Position Payout launched exclusively in the UK, Ireland and Australia on Wednesday 25 July. Further rollouts will see Bet365’s brand-new product made available globally, outside of certain territories.

Commenting on the exciting new product, Bet365’s chief marketing operations officer, Neil Fairweather, said: “Reflecting our commitment to horse racing and our dedication to innovation, Position Payout delivers a premium betting experience for our new and existing customers. 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.”

Pat Cooney, Bet365’s racing expert, said: “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. With prestigious meetings at Goodwood, Galway and York in the coming weeks, we’re excited to see our customers take advantage of our brand new product.”

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Full terms and conditions can he found here: https://www.bet365.com/promos/home/position-payout