BetMGM Cheltenham Offer: Get £40 When You Bet £10
The BetMGM Cheltenham Offer allows you to claim £40 in Free Bets when you open a new account and bet £10.
The 2026 Cheltenham Festival is on the horizon so now is the time to take advantage. Read on for details of how you can claim.
#AD 18+ New cust: Deposit £10+ in 7 days & bet on sports. Min odds apply. Reward = 4 x £10 Free Bets (2 x £10 Bet Builders & 2 x £10 Sports Bet). Valid 7 days. Free bets not valid on eSports and non-UK/IE horse racing. 18+. T&Cs appl
How to Claim the BetMGM Cheltenham Sign Up Offer
The BetMGM Cheltenham sign up offer is very easy to claim and is one of the best on the market right now. Here’s a step-by-step guide to getting your free bets.
- Open A New Account
Click the sign up offer in the top right corner of the website or BetMGM app to open your account. Fill in the necessary details required and away you go. Alternatively, click our Get Offer button to automatically be sent to the registration page. - Claim Your Welcome Offer
Within three days of registration, claim your welcome offer by heading to the ‘My Offers’ page. - Make Your First Deposit
Click Deposit and make your first deposit to your BetMGM account. You can use a debit card, PayPal, ApplePay or bank transfer. - Place Your Qualifying Bet
After claiming the new sign up offer you have seven days to place a £10 bet (£10 each way bet) on any sport with odds of 1/1 (2.0) or greater to trigger your free bets.
Enjoy Your Free Bets
Once your qualifying bet has been settled you will get £40 in free bets and they are credited as follows:
- £10 Free Bet (min odds 2/1)
- £10 Free Bet (min odds 2/1)
- £10 Free Acca (trebles & above at min odds per line 1/2)
- £10 Free Bets (trebles & above at min odds per line 1/2)
Note: Free bet credits expire after seven days and your stake is not refunded in any winnings.
BetMGM Cheltenham Offers Terms and Conditions
The important terms and conditions for BetMGM Cheltenham offer are as follows::
- Only new customers are entitled to this welcome offer of £40 in Free Bets
- Customers must place a £10 qualifying bet withing 7 days of opening their account to qualify for the £40 in Free Bets
- The Free Bets will expire 7 days after they are issued
- You must select the Free Bets via the checkbox on the betslip after selecting the qualifying markets.
- The Free Bet amount will not be included in any winnings from said Free Bets
- Exclusions apply
#AD 18+ New cust: Deposit £10+ in 7 days & bet on sports. Min odds apply. Reward = 4 x £10 Free Bets (2 x £10 Bet Builders & 2 x £10 Sports Bet). Valid 7 days. Free bets not valid on eSports and non-UK/IE horse racing. 18+. T&Cs appl
BetMGM Cheltenham Festival Betting Markets
BetMGM provide a whole plethora of Cheltenham Festival markets with ante-post betting available on all the big races. There’s the facility to place multiples and accumulators on a number of Cheltenham races.. Cheltenham specials are available like Top Jockey and Top Trainer and the pricing is competitive at BetMGM, while I love the fact they have a trainer specific market for how many winners will Willie Mullins saddle.
At last year's Festival, BetMGM had some stunning promotions available to all customers, including money back 2nd in the first race each day, 10 places each-way in the County Hurdle and double odds tokens thanks to Golden Silks.
Why Bet With BetMGM at the 2026 Cheltenham Festival?
You should bet with BetMGM at the Cheltenham Festival in 2026 as not only do they offer competitive prices, but they have some unbelievable offers for new and existing customers.
The dedicated BetMGM app goes from strength to strength and punters can easily access all the latest Cheltenham Festival odds, Cheltenham specials and Cheltenham promotions. The app also has easy to read and navigate racecards.
BetMGM are still a relatively fresh face on the UK betting scene, so here is why we believe they are worth your time during the 2026 Cheltenham Festival:
Competitive Prices
BetMGM have emerged in the UK as one of the most competitively priced horse racing betting sites since their inception in September 2023. They are frequently top price on the biggest races of the day and in antepost markets, while offering daily offers which can often include profit boosts ranging from 10% up to 100% which punters can use on their racing fancies.
Each-Way Plus
Extra places have become commonplace in horse racing betting in recent years, but BetMGM are one of the best firms with their Each-Way Plus promotion. Every day a plethora of races will have the Each-Way Plus promotion applied which means punters betting each-way will get a return on their bet should the horse finish a place outside of the industry standard place terms. BetMGM are for the first time sponsoring a race at the Cheltenham Festival in 2025 and they have gone big with their each-way plus offering. The bookmaker will be offering all eligible customers a massive TEN places each-way in the BetMGM County Hurdle. This is sure to be the industry leader for the race.
Second Chance Money Back
On the first race of every day at the Cheltenham Festival of 2025, BetMGM is the place to bet. The new bookie are offering all eligibile customers the chance to bag money back as a free bet on the first race every day. This is invaluable for those who will be betting on the Supreme (Tuesday), Baring Bingham (Wednesday), Turners (Thursday) and Triumph (Friday). The maximum stake is £20 and the Free Bet can only be used on horse acing. T&Cs apply.
Golden Silks
Golden Silks is part of BetMGM’s Golden Time promotion group, and provides customers with different boost tokens to use on racing every week of the year. The tokens are split through the week, but for Cheltenham the Golden Silks are being super charged. Eligible BetMGM customers can get double the odds on ANY horse each day. The maximum stake for this amazing offer is £20 and customers must opt in daily to receive up to 1x 100% Profit Boosts to be used at Cheltenham festival. The maximum win is £10k and the token can be used on singles only. T&Cs apply. Customers must log in, navigate to the BetMGM offers tab and claim their 100% profit boost token every day.
25% Profit Boosts
Look out for 25% profit boosts on selected races as well as other sporting events such as major football matches. These apply to selected players only and give you a 25% boost on the odds on whichever selection you choose.
How Does BetMGM's Cheltenham Offer Compare to Sky Bet and Bet365?
BetMGM offer a larger bonus packet of £40 compared to Bet365's £30 in free bets - however it does sit behind Sky Bet's offer of £40 in free bets from just an initial 5p+ outlay.
| Rank | Bookmaker | Sign Up Offer | Bonus Expiry | Streaming | BOG |
|---|---|---|---|---|---|
1. |
BOYLE Sports
|
£40 | 7 days | Yes | Yes |
2. |
Paddy Power
|
£30 | 30 days | Yes | Yes |
3. |
Sky Bet
|
£30 | 30 days | Yes | Yes |
4. |
BetMGM
|
£40 | 7 days | Yes | No |
How UK financial risk checks now affect Cheltenham betting with BetMGM
The UK Gambling Commission is introducing new “financial vulnerability” and “financial risk” checks as part of wider gambling reforms affecting all licensed operators, including those taking Cheltenham bets.
From 30 August 2024, operators must carry out light‑touch financial vulnerability checks using publicly available data on customers with net deposits over £500 in a 30‑day period, with this threshold scheduled to reduce to £150 from 28 February 2025. These checks are intended to identify customers showing signs of significant financial vulnerability, such as court judgments or bankruptcy markers, without using full credit‑reference data.
Separately, the Commission is piloting deeper “financial risk assessments” with credit reference agencies on high‑spending accounts to see how more targeted checks could work in practice and how they might be implemented in a largely frictionless way. British racing bodies have publicly warned that the wider package of affordability‑style measures could reduce betting turnover and levy income, estimating a potential £250m hit over five years.
Is Cheltenham Festival Live Streaming Available on BetMGM?
Cheltenham Festival Live Streaming will be available on BetMGM providing you have an account with the betting site. Making sure to make the most of their Cheltenham offer and signing up, the facility of live streaming is open to all registered users who will be able to watch all 28 Cheltenham races live during the March showpiece.
It couldn’t be simpler to watch the Cheltenham Festival races on BetMGM live streaming as all users have to do is login to their account.
Discover Alternative Betting Offers for Cheltenham beyond BetMGM:
- Rhino Bet Cheltenham Offer
- CopyBet Cheltenham Offer
- BetVictor Cheltenham Offer
- Boylesports Cheltenham Offer
- Sky Bet Cheltenham Offer
- Midnite Cheltenham Offer
- bet365 Cheltenham Offer
- Parimatch Cheltenham Offer
- SBK Cheltenham Offer
- Betfred Cheltenham Offer
- Betgoodwin Cheltenham Offer
- Ak Bets Cheltenham Offer
- BetUK Cheltenham Offer
- Grosvenor Sport Cheltenham Offer
- Unibet Cheltenham Offer
- Virgin Bet Cheltenham Offer
- Spreadex Cheltenham Offer
- LiveScore Bet Cheltenham Offer
- QuinnBet Cheltenham Offer
- Betway Cheltenham Offer
- William Hill Cheltenham Offer
- Coral Cheltenham Offer
Frequently Asked Questions About the BetMGM 2026 Cheltenham Offer
Do I need a promo code for the BetMGM Cheltenham offer?
No, BetMGM’s Cheltenham welcome offer is applied when you opt in and place a qualifying bet; you do not usually need to enter a separate promo code.
Is the BetMGM Cheltenham welcome offer only for UK residents?
Yes, BetMGM UK promotions are intended for customers located in the United Kingdom and using the UK site.
Can I use BetMGM Cheltenham free bets on sports other than horse racing?
Some Cheltenham-specific free bets are restricted to horse racing, while others can be used on wider sports; always check the staking restrictions in the promo terms.
Are BetMGM Golden Silks profit boosts available during Cheltenham for every race?
No, Golden Silks boosts apply to selected races and days, and you must opt in to the offer to receive and use the tokens.