BetMGM to give away £500,000 at Cheltenham Festival
10 Mar 2025
To celebrate their first year as the sponsor of the BetMGM Queen Mother Champion Chase, which is Wednesday’s feature race and one of the most prestigious prizes of the entire week, the online bookmaker is set to randomly deposit a staggering £500,000 split across two BetMGM customer accounts.
To be in with a chance of landing the money, BetMGM customers just need to place and settle a £2 bet on any sports market from today, Monday, 10 March.
Every settled £2 sports bet qualifies as an entry for the draw, meaning 10 £2 settled bets would count as 10 qualifying bets, whereas a single £20 stake would only count as a single entry.
Trips to Las Vegas to be won
Alongside BetMGM’s £500,000 Cheltenham Giveaway and inaugural sponsorship of the BetMGM Queen Mother Champion Chase, the online bookmaker will also be launching its Vegas Victory Vault at the festival — a Vegas-style slot machine located in The Centaur, where racegoers will have the chance to win a trip to Las Vegas.
BetMGM will be giving away three holidays to the Entertainment Capital of the World during festival week while racegoers will also have the chance of winning tickets to a number of other BetMGM-sponsored horse racing events, including next year’s Cheltenham Festival and the Grade One BetMGM Clarence House Chase at Ascot.
UK Director at BetMGM, Sam Behar, said: “We’re extremely proud to be associated with the 2025 Cheltenham Festival through our sponsorship of the BetMGM Queen Mother Champion Chase – and so we wanted to mark the occasion this year with not one but two stunning giveaways to our customers.
“Giving away two lots of £250,000 during the week of Cheltenham adds to what is already set to be a hugely exciting week.
“All customers have to do to enter is place and settle a £2 bet on a sports market and their 2025 Cheltenham Festival winnings could well be beyond their wildest dreams.
“If that wasn’t enough, we’re also giving racegoers the chance to win three trips to Las Vegas as well as some other fantastic prizes via our Vegas Victory Vault, as we look to bring a slice of Las Vegas to Cheltenham and make it a festival to remember for BetMGM customers.”
BetMGM horse racing ambassador and pundit, Megan Nicholls, said: “The Cheltenham Festival is a huge week in the racing calendar and it’s great to see BetMGM upping the stakes for this year’s meeting with their £500,000 Cheltenham Giveaway.
“Backing the winner of the BetMGM Queen Mother Champion Chase and Gold Cup always provides a huge thrill for punters — but discovering one of the £250,000 deposits in your account afterwards would surely be the real winner!”