Experienced journalist and editor covering the sports and betting industry. A football, NFL and rugby specialist, he is a FWA member and judge at the Football Content Awards.
Best Faller Insurance UK 2025
Looking to maximise your returns on horse racing betting? Plenty of money back promos are offered among UK betting sites, insuring your potential winnings when backing particular horses. In this guide, we'll delve into the bookmakers offering the most rewarding offers (2nd To A Fav, Faller Insurance, Beaten By A Head, and more) this year, helping you make informed decisions for your horse racing betting strategies.
Sign up to the best money back betting sites
- Min Deposit £5
- Min Odds 2
- Offer amount £10
#ad. 18+, gambleaware.org, T&Cs Apply
- Min Deposit £10
- Min Odds 2
- Offer amount £50
#ad. 18+, gambleaware.org, T&Cs Apply
- Min Deposit £10
- Min Odds 1.5
- Offer amount £60
#ad. 18+, gambleaware.org, T&Cs Apply
- Min Deposit £10
- Min Odds 2
- Offer amount £40
#ad. 18+, gambleaware.org, T&Cs Apply
- Min Deposit £10
- Min Odds 2
- Offer amount £30
#ad. 18+, gambleaware.org, T&Cs Apply
What are money back promotions?
Money back promotions come in a number of different formats, and it's important to be clear from the outset that often the "money" that you get back is often in the form of free bets, although that's not always the case. The majority of time it is a small way of giving punters a little safety net for the potential losses if specific events occur.
Some of these revolve around your selected horse just missing out on a victory. Promos like 2nd To The Fav and 2nd To A Rag mean that if you back a horse, and you just miss out on them winning with a second place finish, you'll get your stake back. With these promos your horse has to finish second to a specific horse, be that the favourite in the race or a rank outsider.
Beaten By A Head is similar, to the promos above, but it's the margin of victory that matters, rather than the horse that your pick loses, too. This covers you if your horse only just loses, by a head or less.
There are lots of variations
Best Money Back Betting Sites and Why
1. 2nd To The Fav
Of all the money back promos, 2nd To The Fav is arguably the best. The "fav" means the favourite, and specifically the starting favourite, or SP as you'll see it written at most bookies. So, if your selected horse finishes second to the SP favourite you should get your money back as a free bet. One of the reasons that this is one of the better money back offers is that by definition, the favourite has the most chance of winning the race. As a result you can back a horse at longer odds, and even if the favourite wins you won't have lost out on anything.
Of the betting sites that do this the best, Boyle Sports is probably the pick of them, but also consider QuinnBet, who are one of the best horse racing betting sites around, and Kwiff. Boyle Sports run their offer across selected races each day, with a max free bet up to £20. At QuinnBet they offer 2nd To The Fav at all UK and Irish races in which there are six runners or more.
2. 2nd To A Rag
As mentioned, 2nd To A Rag is very similar to 2nd To A Fav, except the winning horse has to be a total outsider, not the pre-race favourite. This is less likely to happen, given that you're measuring a favourite against an outsider, but it does soften the blow somewhat when a huge outsider romps home and you think "where did that come from?". "Rag" is the general term in racing, but when you find these offers they will have differing names.
At SpreadEX you'll get your money back as free bet if your horse finishes 2nd to any horse that is 33/1 or greater – the free bet is limited at £25. Alternatively, at BetGoodwin, you'll get your money back if second to any horse that wins with odds of 50/1 or more. Their free bet is limited at £10 – that combined with the longer odds is why we consider the SpreadEX offer the better one, but both are great.
3. Beaten By A Head
Beaten By A Head, Beaten By A Nose, whatever the tiny distance is, this is to give punters a little solace should the just lose out in a close finish. If you place a win or each way single bet in any UK or Irish horse race and your selection finishes second beaten by the official distance of a nose BetGoodwin will refund the win part of your losing stake as a free bet. The maximum free bet is £100 per race and excludes multiples.
4. Faller Insurance
Faller Insurance protects your bet in the event of your horse falling eg the horse you backed didn't win the race because it fell. There's obviously no guarantee that they would have won if they hadn't have fallen, but for the sake of this promotion, the bookie will usually give you your stake back, often as a free bet. The rules regarding this promotion usually consider your horse falling, the unseating of the rider or your horse being brought down.
If a bookie offers Faller Insurance and that horse falls, you'll get your money back – it's that simple really. What is worth noting, however, is that there will almost certainly be a limit on your stake (or at least the amount that you'll get back from the bookie), so it may say something like money back as a free bet up to the value of £50, or similar. The bookie should state this clearly. Unsurprisingly, QuinnBet are probably the best at Faller Insurance, but also consider BetGoodwin. Both bookies cement their position as two of the best horse racing betting sites in the UK.
We go into more detail into different types of Faller Insurance promos below.
Best Betting Sites for Faller Insurance for 2025
Banking and Responsible Gambling
There are many ways to fund your betting account. While this list is not exhaustive, it covers the most popular and trustworthy methods.
The minimum deposit is often £5, but it can be much higher for some bookies. Check out our review pages for online betting sites' minimum deposit amounts. In addition to varying by the bookmaker, this can vary by the deposit method used.
Bookmakers will generally return any winnings to the same card or payment method used to deposit unless instructed otherwise. Sometimes, you will be asked to provide details to help the online bookmakers comply with money laundering regulations. Please understand that the online bookmakers are not being difficult, they are simply following legal guidelines. This will be even more likely if you withdraw using a different payment method than you used to deposit.
Visa Debit Card
The most common deposit method for online betting sites is a debit card, which is a straight transfer from a UK bank account. Bookmakers or gambling companies are no longer allowed to accept credit cards as a deposit method.
PayPal
Most UK bookies accept PayPal, the most popular e-wallet with sports bettors. Some people like to use it to keep betting transactions off their bank statements, while others find it a much faster way to deposit into and out of betting sites. However, using PayPal could exclude you from welcome offers with some bookies.
Apple Pay
Many of the larger online betting sites support Apple Pay, which is expected to be available on more sites soon. Deposit and withdrawal times will be the same as those for bank cards used through Apple Pay.
Skrill
Skrill is an alternative to PayPal. Formerly known as Moneybookers, it has always been a popular payment method for online gamblers and is accepted at most sites.
PaySafeCard
PaySafe Cards are prepaid cards which can be used to fund online betting accounts. Fees aren't charged for deposits so these are a popular way to fund online accounts for those who don't use bank cards.
Click on the links in the above list to view each bookmaker's review. We will detail all the deposit methods available for each site.
With most of the online bookmakers listed here, you may be able to easily transfer money between accounts and other products such as poker, casino, and bingo. Transferring money between accounts is often very simple, and if you only want to play the sportsbook, you can ignore this function.
Many people use payment providers such as Skrill (formerly Moneybookers) to deposit into and withdraw from online bookmakers, as these can be faster and more convenient than bank or credit cards. However, sometimes using these methods may exclude you from bookmakers' welcome offers. If so, this will be mentioned in the terms and conditions of the welcome offer. Please read through our bookmaker reviews for more info on which payment methods are accepted by which bookmakers.
👍 Responsible Gambling, Identification & Affordability Checks
In recent years, the regulations for bookmakers have tightened as the Gambling Commission has looked to increase the protection of the user. This is fantastic news for the industry and all who use online betting sites but you need to be aware that you may have some small inconveniences when trying to open a new online betting site or if you are wanting to place large bets with a bookmaker. ID verification is very strict and sometimes you may be asked to send off copies of documents for ID and address verification.
Also if you are placing large bets and or making large deposits then online betting sites have a responsibility to ensure that you can afford to do so. You may be asked affordability checks such as showing your pay slips and or you may be asked for proof of funds for money laundering checks. Don't take such requests personally, all licensed online bookies must follow these regulations or they can face huge fines.
Here are some common tips to help you with gambling responsibily online. For more information take a look at our detailed responsible gambling guide.
✋ When The Fun Stops Stop 🛑
You will have seen this slogan used by online bookmakers frequently over recent years. It is trying to get across the serious point that if you aren't enjoying gambling you should stop immediately. You can use a process of self evaluation to help you to understand if you have a gambling problem. There is a great tool at Gamcare.
If you do believe that you have a problem then there is always someone to talk to at begambleaware. They can offer great advice including helping you to self exclude. There is a valuable service called Gamstop which allows you to self exclude from all betting companies signed up to the program for a period of your choice. All UK licensed bookmakers listed on this site will be part of the GamStop programme. For this reason (and many others) you should never join betting sites not GamStop.
🔚Set Limits and Use Bookmaker Tools
We strongly recommend that you record your gambling and set yourself limits. Only bet what you can afford to lose. Online betting sites have started to offer a number of tools to help you with this including
- Deposit Limits
- Session Limits
- Account History
- Time Outs
Using playing time notifications to remind you how long you have been gambling and when to stop is a useful tool and so is setting a specific loss amount you are happy with in advance.
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At OLBG, our sports betting section is powered by a team of dedicated experts who bring years of industry experience and specialised knowledge. Their collective efforts ensure we provide top-notch, informative, and user-friendly content. Let's dive into the various roles and discover each team member's invaluable contributions to our sports betting sites section.
The Experts Behind OLBG Sports Betting Content:
Our team’s dedication and expertise ensure that OLBG remains a trusted source for sports betting information. Each member's meticulous work supports the overall quality and reliability that our users expect and appreciate. Explore our sports betting section and gain insights from the best in the industry.
Content Strategists:
These professionals are the architects behind our content strategy. They meticulously plan and structure our sports betting content to ensure it addresses the interests and needs of our audience. They stay ahead of industry trends and ensure our content remains fresh and relevant.
Richard Moffat
CEO & Gambling Industry Expert
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Commercial Manager
Writers:
Our skilled writers translate complex sports betting concepts into clear, informative articles, predictions, and guides. Their expertise allows them to present detailed analysis and insights in a way that both novice and experienced bettors can appreciate and understand.
James Banting
Tipster Competition Assistant
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Content Editor
Jake Ashton
Senior News Editor
Analysts:
Our analysts dive deep into sports statistics and betting data. They provide the foundational research and data-driven insights that our writers and strategists use to craft accurate and actionable content, helping users make informed betting decisions.
Nigel Skinner
Blog Content Manager
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Data Scientist and Football Editor
Editors:
The editors play a crucial role in maintaining the quality of our content. They review articles for clarity, accuracy, and coherence, ensuring that each piece is polished and provides valuable information. Their keen eye for detail ensures that our content is reliable and engaging.
Darren Brett
Tipster Competition Manager
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Editor-In-Chief
In addition to their long experience working within the sports betting industry, all our contributors are keen sports bettors themselves, so they each have many years of experience betting with multiple online betting sites.
