BetMGM Cheltenham Offer & Free Bets for 2026 Festival

Updated: March 5, 2026 at 10:24 am GMT+0
BetMGM UK
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BetMGM UK Bet £10, Get £40 in Free Bets
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 e-sports & non UK/IE horse racing. 18+. T&Cs apply. GambleAware.org.

BetMGM is one of the leading sports betting brands and their combination of sponsorship at the festival plus Cheltenham betting offers for customers means that they're continuing to grow in the UK.

An American giant, they've demonstrated how important racing is to them by signing racing focused ambassadors, and sponsoring some of the biggest races in the calendar.

Their service begins by claiming the BetMGM Cheltenham offer but after that, there's daily profit boosts specifically for horse racing, to enhance winnings you receive on selected bets.

BetMGM Cheltenham Free Bets & Offers

If you’re looking to jump into the excitement of the Cheltenham Festival, then get things started with some BetMGM Cheltenham free bets, kicking off your account in style.

As a new customer, you can grab a generous welcome bonus of £40 in Free Bets just for placing a qualifying £10 bet on any horse race.

How to Claim Your BetMGM Cheltenham Offer

  • Click the ‘Claim Offer’ button above to automatically navigate to the BetMGM website
  • Place your first bet of £10 or more at odds of Evens (2.00) or greater
  • You must do this within seven days of registering an account.
  • On settlement of qualifying bet, you’ll receive 4 x £10 Free Bets - 2 x £10 bet builders & 2 x £10 sports bets
  • Payment method exclusions apply. 18+. BeGambleAware.org. UK & ROI residents only. T&Cs apply.
BetMGM UK logo
BetMGM UK
Bet £10, Get £40 in Free Bets
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 e-sports & non UK/IE horse racing. 18+. T&Cs apply. GambleAware.org.

Why Use BetMGM at Cheltenham?

BetMGM has firmly established itself as one of the top sports betting brands in the UK, and the Cheltenham Festival is where they take things up another level.

From its generous welcome offer to ongoing promotions, there are plenty of reasons to make BetMGM your go-to bookmaker across the four days of the Festival. Here's exactly why BetMGM is a great choice.

✅Get £40 in free bets as a new customer

✅Daily 10% profit boosts covering every day of the Cheltenham Festival

✅Get best odds guaranteed to be paid at the biggest price

✅Race sponsors at Cheltenham - look out for offers on those races

BetMGM Existing Customer Cheltenham Offers

BetMGM is well-known for its fantastic selection of ongoing promotions – perfect for the Cheltenham Festival.

BetMGM Cheltenham Offer - Daily Profit Boosts

There's seven daily profit boosts available in this BetMGM Cheltenham offer, great to try and add additional winnings to any success you have at the festival.

Opt in every Monday and stake up to £20 on any horse racing market to participate. Staking each day will unlock the following Profit Boosts:

  • Monday = 10% Profit Boost
  • Tuesday = 10% Profit Boost
  • Wednesday = 10% Profit Boost
  • Thursday = 10% Profit Boost
  • Friday = 10% Profit Boost
  • Saturday = 10% Profit Boost
  • Sunday = 10% Profit Boost

Opt in weekly and place a qualifying bet before the end of the last race on Monday to receive up to x7 Profit Boosts at 10% on horse racing. Max stake £20 & max win £10k. Singles only.

BetMGM Best Odds Guaranteed at the Cheltenham Festival

One of the smartest ways to approach your Cheltenham betting is by taking advantage of BetMGM's Best Odds Guaranteed (BOG) offer.

This is a widely popular horse racing promotion that many bookmakers offer across the industry, and it's a particularly effective way to lock in an early morning price without having to worry about the odds shifting against you before the off.

Take a price on any race during the Festival, and once that's confirmed, you've effectively set your floor. That locked in price represents the very worst outcome for your bet, the minimum you'll receive regardless of what happens in the market afterwards.

If the Starting Price ends up shorter than the price you took, no problem as your original odds are protected. But if the SP drifts out and ends up bigger, BetMGM will pay you out at those larger odds instead, meaning you automatically benefit from any late market movement in your favour.

It's a genuinely win-win setup for Cheltenham punters, removing the guesswork from when to place your bet and giving you the confidence to back your selections early, safe in the knowledge that any upward movement in the odds will work in your favour.

BetMGM UK logo
BetMGM UK
Bet £10, Get £40 in Free Bets
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 e-sports & non UK/IE horse racing. 18+. T&Cs apply. GambleAware.org.

BetMGM Cheltenham Offer FAQS

What is the BetMGM Cheltenham offer?
New BetMGM customers can claim £40 in free bets by depositing £10 or more within seven days of registering and placing a qualifying sports bet at odds of Evens (2.00) or greater. Once your qualifying bet is settled, you'll receive 4 x £10 free bets — two for sports and two for bet builders. Full terms and conditions apply.
Can existing customers get a BetMGM Cheltenham offer?
Yes. While the headline welcome offer is for new customers only, BetMGM regularly runs promotions for existing customers throughout the Cheltenham Festival. These can include enhanced odds, money-back specials, and other seasonal deals. It's worth checking the promotions page during the Festival to see what's available.
Does BetMGM offer Best Odds Guaranteed at Cheltenham?
Yes, BetMGM offers Best Odds Guaranteed on UK horse racing, including races at the Cheltenham Festival. This means that if you take an early price on a horse and the starting price (SP) is higher when the race goes off, you'll be paid out at the bigger odds automatically — at no extra cost to you.
Can I use free bets on Cheltenham races at BetMGM?
Yes, the free bets awarded as part of BetMGM's welcome offer can be used on Cheltenham Festival races, provided the races are UK or Irish horse racing events. It's worth noting that free bets cannot be used on eSports or non-UK/Irish horse racing, so the Festival is a perfect opportunity to put them to use.
Craig Jones
Craig Jones

Craig Jones has been working in the sports betting and gambling industry for more than 20 years. With a wealth of in-depth knowledge, Craig has written for Free Bets for almost a decade, providing our readers with expert opinions and transparent reviews.

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