Welcome to the new way of betting. It's 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:
Win and Place are combined in one new Performance market, where you get a bigger payout the higher up you finish.
You know the exact payout of each finishing position before the event.
It's available on multis.
T&Cs apply.
Go to any horse race that offers the Position Payout market.
Each selection will show the payout or multiplier for finishing 1st, 2nd, 3rd, 4th and so on...
Place your bet, and the higher your selection finishes, the higher your payout.
Position Payout is available pre-race on selected Australian and New Zealand Horse Racing from 10:00 AET on the day of the race. For selected UK and Ireland Horse Racing, Position Payout will be available from 01:00 AET 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 race where Fixed Prices are available.
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.
Position Payout bets can only be Cashed Out pre-race.
Position Payout bets are not available on Futures markets.
Bet Credits can be used for placing Position Payout bets, but your Bet Credits wager will not be included in any returns.
In the event of a horse within a Position Payout race becoming scratched at odds of $5.75 or greater, your bet will stand at the original price. If the scratching is at odds of $5.50 or less, then your bet will be recalculated in line with prices at the time of scratching.
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.
Payout of places is dependent on the number of confirmed runners:
4 – 7 runners: Position Payout will apply to 2 places
8 – 15 runners: Position Payout will apply to 3 places
16 – 19 runners: Position Payout will apply to 4 places
20 or more runners: Position Payout will apply to 5 places
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.
Position Payout bets will not be eligible for Odds Drift Protector or Best Odds Guaranteed.
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