BetMGM to give away £500,000 to customers during the 2025 Cheltenham Festival

BetMGM is making its mark at the 2025 Cheltenham Festival by giving away £500,000 to two lucky customers.

As the official sponsor of the BetMGM Queen Mother Champion Chase, the bookmaker will randomly deposit £250,000 each into two customer accounts during the festival.

To be eligible, customers must place and settle a £2 bet on any sports market starting from March 10, 2025 and each qualifying bet counts as an entry, meaning more bets increase the chances of winning. However, larger single bets, such as £20, will still count as a single entry rather than multiple ones.

Beyond the cash giveaway, BetMGM is introducing the Vegas Victory Vault, a slot machine set up in The Centaur at Cheltenham.

Racegoers will have the chance to win three all-expenses-paid trips to Las Vegas, along with tickets to high-profile racing events such as next year’s Cheltenham Festival and the Grade One BetMGM Clarence House Chase at Ascot.

Sam Behar, UK Director at BetMGM, shared the company’s enthusiasm for this year’s festival:

“We’re extremely proud to be associated with the 2025 Cheltenham Festival through our sponsorship of the BetMGM Queen Mother Champion Chase. To celebrate, we’re giving away two £250,000 prizes during the week, making an already exciting festival even bigger for our customers.”

With BetMGM raising the stakes, renowned horse racing ambassador Megan Nicholls highlighted the significance of the promotion:

“The Cheltenham Festival is a major event in the racing calendar, and BetMGM is upping the stakes this year. Winning big on the BetMGM Queen Mother Champion Chase or the Gold Cup is thrilling, but finding an extra £250,000 in your account would be the ultimate prize.”

This giveaway follows BetMGM’s recent push for responsible gaming initiatives, including enhanced player protections and donations to gambling research.

With the festival just moments away, BetMGM is bringing added excitement to one of the biggest weeks in horse racing.

The post BetMGM to give away £500,000 to customers during the 2025 Cheltenham Festival appeared first on ReadWrite.