Faller Insurance is a market for jumps racing only and works in a similar way to Insurebet.
By taking slightly shorter odds on a horse, you will have the insurance of getting your money back if the horse falls, unseats the jockey or is brought down. We will initially be offering it only on certain races and meetings. The market will be located in the "All Markets" section alongside Insurebet, Place Only and Betting Without markets.
Given that settlement of this market depends on getting full, classified results, these markets will not be settled until approximately one hour after the race has finished. Settlement of the market will be in accordance with the official result as displayed on www.sportinglife.com.
The refund refers specifically to if the horse falls, unseats the jockey or is brought down – no other description will apply to this market.
- Price offered is for the horse to win the race. If the horse falls, unseats the jockey or is brought down the bet stake is returned. It does not apply to horses that Slip Up, Refuse, Run Out or get Carried Out.
- In the event of a horse being withdrawn, not under starter’s orders, stakes on that selection will be returned. Bets for the remaining horses in the race will be subject to a deduction in accordance with Tattersalls R4(c) based on the Win price of the withdrawn horse(s) at the time of withdrawal.
E.g. Horse X priced at 4/1 in the win market and 11/4 in the Faller Insurance market is withdrawn then a R4 deduction of 20c based on the 4/1 Win price shall apply to the Faller Insurance market. Refunded bets will be settled as soon as possible but in some cases may take up to an hour. Where disputes arise results will be taken from www.sportinglife.com.