Why You Should Consider Faller Insurance at Cheltenham 2021
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The competition in the online betting industry is fierce. Bookmakers generally need to do a lot of hard in order to attract new customers and keep the old ones. We can’t really say bookies have a hard life. But the truth is they can’t relax for a moment or they will be run over by competitors. Thus, they need to work around the clock to offer something better and more appealing than before, or they will be gone.
Bookies come and go as they fail to do the right thing to win customers. However, the ones we recommend are here to stay.
One of the ways bookmakers try to promote their services is with appealing bonuses. In this article, we will tell you all you need to know about Faller Insurance. You’ll learn how you can get your stake back in case your horse falls, which happens a lot at Cheltenham.
What Exactly Is Faller Insurance?
This insurance is a straightforward bet that has a lot in common with Price Promise and the Best Odds Guarantee. You can guess its meaning from its name, which is pretty self-explanatory.
Basically, if you place a bet and check this option, you can get some or all of your money back. You usually get refund if your horse falls, is tripped by another horse, or the jockey unseats. Therefore, by using this offer, you are buying insurance on your original bet.
The majority of good Faller Insurances do not have a minimum bet amount, but that’s not the case with all of them. Check out our recommended bookies’ terms & conditions to see whether this option will work for the bet you are planning.
What Are the Most Important Faller Insurance Terms?
The most important thing to consider when looking at such insurance offers is how you will get your money back. In most cases, bookies will give it back to you as a free bet. Sometimes, these free bets will come with restrictions, such as time and the market where you can place a bet. Anything you win from the free bet should be received in cash.
Additionally, you might also receive your stake back as bonus funds. However, you will probably have to wager those funds a certain number of times before you’re allowed to withdraw them. This is slightly less preferable than the free bet option.
The best option for you would be to receive your winnings in cash. Unfortunately, that’s the least common outcome. None of these methods has a major downside, but just be informed about what you can expect.
Before you put your hopes on Faller Insurance, make sure to check which types of bets are covered by it. More often than not, these are Win Singles or Win Part of Each-Way Bets. However, some bookies might include other types of bets as well.
Bookies usually have this offer during the Jump Season. For Flat Racing, you will usually be presented with the Beaten by a Head/Length offer. Of course, in order to claim Faller Insurance, your horse needs to start the race.
Moreover, you will also be able to get it only for certain races. Therefore, do not assume that it will be included for all races just because this option is advertised on the website. When it comes to the Cheltenham Festival, all races should be covered by Faller Insurance.
Last but not least, consider how much you plan to bet before you take Faller Insurance into account. If you bet under or over the minimum amount specified on the website, you will not be able to claim it. If the min/max bet is £5/£25 and you bet £3 or £50, you will be disappointed when you try to claim the insurance.
How Faller Insurance Can Help You at Cheltenham?
Cheltenham is one of the most popular circuits for horse jump racing, if not the most popular one. Therefore, it does not come as a surprise that many horses fall or unseat their jockeys every year.
Therefore, when it comes to Cheltenham Festival, it is very important to find a reliable bookmaker. You need someone that will offer Faller Insurance and help you recover your money in case your horse falls.
Losing money on a fallen horse or an unseated jockey is the most frustrating way to do it. So, check out our recommendations above to avoid disappointment.
The average number of falls per race between 2007 and 2016 at the Cheltenham was 3.4%. Thus, betting on a horse that falls is not that uncommon at all. For example, in 2008, every jockey fell or was unseated at least once. However, we would still recommend that you consider each race on its own, instead of looking at the entire festival as a whole.
To profit from horse racing, you need to put in a lot of hard work and do a lot of research. The same goes for all other types of betting and gambling.
You need to consider the form of the horse, the competition, the conditions, and the details about the course. You should also consider how many falls there were in the same race the previous year.
If a particular race sees many falls every year, then you should take faller insurance. Of course, if your bookie of choice offers that option.