BetMGM Cheltenham Festival Free Bets & Offers

BetMGM is one of the leading lights on horse racing and indeed the Cheltenham Festival in recent years, providing insights and a variety of different markets for you to get your money worth. BetMGM is able to provide new customers with a dazzling sign up offer that you can use on the action at Cheltenham in March.

The sign up offer gives you £40 in free bets when you sign up and bet £10. In addition, there are a host of existing offers including daily profit boosts and extended each way betting that will be revealed nearer the time.

BetMGM Cheltenham Offers Explained

New users to BetMGM are in for a treat in March when you can go big on the Cheltenham Festival with this exclusive sign up offer. All a new customer needs to do is sign up to BetMGM, place a qualifying wager of £10 and they will receive £40 in free bets, which you can use on any race at Cheltenham.

There’s no bonus code or anything else to remember, simply signing up and placing the bet of £10 on odds greater than evans (1/1) will unlock that £40 prize. These free bets will come in the form of 2 x £10 Free Bets (min odds 2/1) and 2 x £10 Free Accas (trebles & above at min odds per line 1/2) and you must use them within seven days of signing up.

This is a must-claim ahead of the biggest event in the horse racing calendar and is one of the best offers out there on the market.

£500k Giveaway - Cheltenham Week

Want the chance to win £500k? Of course you do, simply bet £2 on any market across Cheltenham Festival week and you get automatically given 1 ticket and entry in to a draw to win £250k!

Terms for the £500k Giveaway: Opt in & place a min £2 sports bet which settles before 16:00 on 12/03/25 and/or before 16:00 14/03/25 for a chance to win up to £500k (£250k each draw). Winners selected randomly after final race on 12/03/25 & 14/03/25. Cash prize paid within 7 days subject to verification. Stake not returned. Cannot combine with other offers. Cashed out, voided & multiple bets don’t qualify. 18+. Full T&Cs apply.

BetMGM Cheltenham Festival Extra Places

BetMGM’s ‘Each Way Plus’ gives you flexibility and the chance to win even bigger at the Cheltenham Festival. These will be clearly labelled during the festival on BetMGM, making this one of the bookmaker’s stand out features for the races. Each way bets normally pay out at 1/5 of the odds, but come Cheltenham, they will pay out on more places thanks to BetMGM’s each way plus offer.

BetMGM Cheltenham Festival Profit Boosts

Not content with just offering out extra places, BetMGM go one step first and dish out profit boosts to your winning on specific days of the Cheltenham festival. All you need to do is opt-in at the start of the racing and stake up to £20 a day on any of the races. Every day you bet, you will be rewarded as follows:

• Tuesday = 10% Profit Boost
• Wednesday = 10% Profit Boost
• Thursday = 10% Profit Boost
• Friday = 10% Profit Boost

How to Claim BetMGM Free Bets

Claiming your BetMGM sign up offer for Cheltenham really is simple, and it only takes up a few minutes of your time.

Follow the steps below to sign up for your BetMGM bonus bets:

1. Open a new account at BetMGM UK, you can do this by clicking any BetMGM offer link on this page
2. Select the Sports Welcome Offer (there is also a BetMGM casino offer available)
3. Deposit and place a £10 bet at odds of 1/1 (2.0) or greater within seven days. Each way bets must have a £10 stake each way to qualify.
4. When it settles, unlock £40 in Free Bets!
5. Your BetMGM bonus tokens then will be added to your account and will be paid out as 2 x £10 Free Bets (min odds 2/1) and 2 x £10 Free Accas (trebles & above at min odds per line 1/2).

BetMGM Payment Methods

BetMGM provides its customers with a number of ways for you to make payments into your account. See all of the options below.

• Visa
• Visa Debit
• Visa Electron
• PayPal

BetMGM Cheltenham 2025 Offers Terms and Conditions

New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 2 x £10 Free Bets (min odds 2/1) and 2 x £10 Free Accas (trebles & above at min odds per line 1/2). 7 day expiry. Exclusions apply. Stake not returned. 18+. T&Cs apply.

BetMGM Cheltenham Bonus Codes

For the current BetMGM sign up offer, there is no current bonus code that needs to be applied when signing up. Simply select the offer you’re after, which will be the bet £10 get £40 in free bets and make sure to place your qualifying wager on odds of 1/1 or greater within seven days. It’s as easy as that!

Tips to Maximise your BetMGM Offer During Cheltenham Festival

There are a number of ways you can maximise your BetMGM bet £10 get £40 sign up offering at Cheltenham Festival. With the free bets being split out into four £10 stakes, you could even sign up early and place your bets before the festival starts. Known as Ante Post, this is the best chance of getting better odds before they shorten as we near the climax of the festival.

However, this does run the risk of losing your bet, should a horse pull out early. Only bets placed on non-runner money back (NRMB) markets will have their stakes returned once a non-runner is declared.

An alternative strategy to maximise the value of your free bets with BetMGM could be to place multiples such as accumulators or combination bets. While these bets are riskier as they require multiple successful outcomes in order to win, they could provide a greater reward.

Finally, choosing races with extra places or boosted odds will provide more opportunities to win as there is less chance of losing. With BetMGM’s ‘each way plus’ offering on Cheltenham races, there’s a greater chance of reward wherever your bet finishes.

Comparing BetMGM Free Bet Cheltenham Offers to Competitors

BetMGM are very competitive when it comes to their Cheltenham sign up offer. At bet £10 get £40 in free bets, you’ll be hard pushed to find better value among the best ranked bookies in the business. Here are a selection of the best of the best and how the BetMGM new customer offer ranks amongst them.

William Hill Cheltenham Offer Compared to BetMGM

William Hill are one of the most established providers around and they back that up with a compelling offer for Cheltenham, where new customers can bet £10 and get £60 in bonuses. This outweighs the current BetMGM offer but not by much, with new customers for BetMGM getting £40 in free bets from a £10 qualifying wager.

Betfair’s Cheltenham Sign Up Offer Compared to BetMGM

Betfair's bet £10 get £50 sign up offer in free bets is a lucrative offer and very similar to that of BetMGM’s Cheltenham sign up offer. There’s only £10 in this so choosing BetMGM is still a good decision.

Paddy Power’s Cheltenham Sign Up Offer Compared to BetMGM

Paddy Power's sign up offer is almost exactly the same as BetMGM's as new users can bet £10 and get £40 in free bets. The only difference is Paddy Power's free bets are not restricted in any way in terms of bet type or market.

BetMGM Cheltenham’s No-Runner No Bet Policy

A non-runner, as you might have guessed, is a horse that is named in a race but doesn’t go on to take part in it.

For BetMGM, Ante Post bets on horses not participating in the race will not qualify for refunds, except when the bet is placed in a market with the Non-Runner No Bet (NRNB) tag or if the horse is balloted out. Balloting out refers to the process wherein a horse is declared but fails to be accepted for a race that is oversubscribed.

Why Choose BetMGM for Cheltenham Betting

When it comes to horse racing and Cheltenham Festival, BetMGM know what they’re doing. Their sign up offer of bet £10 and get £40 in free bets is one of the most lucrative you can use on the races. That, combined with its betting experience only adds to the fact that you can win big with BetMGM.

BetMGM’s ‘Each Way Plus’ which gives extra places on finishes is another fine feature which is clearly labelled so you won’t miss out at the festival. On top of that, you will be able to live stream the racing from BetMGM. The bookie regularly gives out daily profit boosts, meaning you will get even more on your returns.

BetMGM Cheltenham Betting Markets

Here are some of the ways you can bet on Cheltenham Festival 2025 with BetMGM, including the win markets, betting without the favourite and forecast betting.

BetMGM Cheltenham Win Markets

With BetMGM, you can wager on a horse to finish in first place, making it a fairly straightforward betting market for any customer, old or new. Simply back the horse you think will win the race at Cheltenham.

BetMGM Cheltenham Each Way Markets

Using BetMGM’s ‘Each way plus’ option, you can get more for your money at the races in Cheltenham. You can make the most of the each way markets by betting with BetMGM on races that offer extra places. This will give your bet a better chance of providing a return as the more places that are made available, the better your chances of winning.

BetMGM Cheltenham Forecast and Tricast Markets

Both available on BetMGM at Cheltenham, forecast betting predicts the horses finishing in first and second place in that exact order. There is an each way (or any) option in this market, meaning the two horses can finish in the top two in any order.

Tricast is similar to forecast betting, only the prediction needs to successfully name the horses that finish first, second, and third in the correct order. The tricast is also available as an each way (any order) option.

BetMGM Cheltenham Multiples and Accumulators

Popular among bettors at Cheltenham Festival 2025, multiples and accumulators can be a high-reward strategy. When placing a multiple bet, you are betting on the outcome of several consecutive races and to win, all your picks in every race must come through.

Accumulators work in a similar way, in which a bettor will place four or more selections on horses at Cheltenham in a single bet, only paying out if all selections win.

Multiples and accumulators increase your returns however, which could make it a Cheltenham to remember, but there’s an increased risk that only a few of your picks might come through.

BetMGM Cheltenham Daily and Long-Term Special Markets

BetMGM prides itself on having various markets where you can make the most of your money. Along with their daily profit boosts, BetMGM also dishes out daily and long-term specials, hand-picked for your best Cheltenham experience. This can range from the number of places favourites to the number of winning favourites. For more long term, you can also bet on the top jockey and trainer at the Cheltenham Festival with BetMGM.

Exclusive BetMGM Features for Cheltenham Bettors

There are a number of superb features that BetMGM offers its customers for the Cheltenham Festival. Check out some of the features you can utilize in March.

BetMGM Cheltenham Live Streaming

BetMGM, like a handful of other bookmakers, provides live streaming on horse racing every single day. This should only enhance your Cheltenham Festival experience with BetMGM, watching all the drama and placing your bets at the same time.

BetMGM Cheltenham Best Odds Guaranteed

One great benefit of BetMGM is that it offers Best Odds Guaranteed for every race at Cheltenham, meaning you don’t need to take the starting price (SP). This offer applies to bets placed on Win and Each Way Fixed Odds markets from 8am on the day of race only.

BetMGM Cheltenham Festival FAQ’s

Here are a host of frequently asked questions surrounding BetMGM and the Cheltenham Festival:

What is the BetMGM Cheltenham Sign Up Offer?

The BetMGM offer gives new customers £40 in free bets when they spend £10 as a qualifying wager. This is one of the best sign up offers around and one you will absolutely want to use during the races at Cheltenham.

Is there a code for the BetMGM Cheltenham Sign Up Offer?

No. You will not need to enter a bonus or promo code in order to unlock your £40 in free bets. Simply sign up and place your first bet of £10 in order to gain those free bets to use on the festival.