diff --git a/core/mplayer.c b/core/mplayer.c
index eb99b0d2d2..b564048560 100644
--- a/core/mplayer.c
+++ b/core/mplayer.c
@@ -1782,12 +1782,10 @@ static void update_subtitles(struct MPContext *mpctx, double refpts_tl)
     assert(track && sh_sub);
     struct dec_sub *dec_sub = sh_sub->dec_sub;
 
-    double video_offset = track->under_timeline ? mpctx->video_offset : 0;
+    mpctx->osd->video_offset = track->under_timeline ? mpctx->video_offset : 0;
 
-    mpctx->osd->sub_offset = video_offset - opts->sub_delay;
-
-    double curpts_s = refpts_tl - mpctx->osd->sub_offset;
-    double refpts_s = refpts_tl - video_offset;
+    double refpts_s = refpts_tl - mpctx->osd->video_offset;
+    double curpts_s = refpts_s + opts->sub_delay;
 
     if (!track->preloaded) {
         struct demux_stream *d_sub = sh_sub->ds;
@@ -2729,6 +2727,8 @@ static bool redraw_osd(struct MPContext *mpctx)
     if (vo_redraw_frame(vo) < 0)
         return false;
 
+    if (mpctx->sh_video)
+        update_subtitles(mpctx, mpctx->sh_video->pts);
     draw_osd(mpctx);
 
     vo_flip_page(vo, 0, -1);
diff --git a/sub/sub.c b/sub/sub.c
index 35d9f29326..90b6cfee00 100644
--- a/sub/sub.c
+++ b/sub/sub.c
@@ -160,7 +160,7 @@ static void render_object(struct osd_state *osd, struct osd_object *obj,
         if (osd->render_bitmap_subs && osd->dec_sub) {
             double sub_pts = video_pts;
             if (sub_pts != MP_NOPTS_VALUE)
-                sub_pts -= osd->sub_offset;
+                sub_pts -= osd->video_offset - opts->sub_delay;
             sub_get_bitmaps(osd->dec_sub, obj->vo_res, sub_pts, out_imgs);
         }
     } else {
diff --git a/sub/sub.h b/sub/sub.h
index a13d3ca6f8..4a636f0700 100644
--- a/sub/sub.h
+++ b/sub/sub.h
@@ -120,7 +120,7 @@ struct osd_state {
 
     struct ass_library *ass_library;
     struct ass_renderer *ass_renderer;
-    double sub_offset;
+    double video_offset;
     double vo_pts;
 
     bool render_subs_in_filter;