BetMGM Cheltenham Offer: Get £40 free bets for today

BetMGM are offering new customers £40 in free bets for Cheltenham Festival when they sign-up and place a £10 bet.

The eaglerly anticipated 2026 edition gets underway today (Tuesday) at 1.20pm with the Supreme Novices' Hurdle, with other highlights including the Arkle at 2pm and the Champion Chase at 4pm.

Read on to see how you can claim your £40 free bets from BetMGM.

BetMGM Cheltenham Offer Explained

To qualify for BetMGM's Bet £10 Get £40 Free Bets offer, new customers must opt in to the Sports Welcome Offer and place a £10 qualifying bet within 7 days.

The qualifying bet must be placed at minimum odds of Evens (1/1) and can include single bets or Bet Builders. Once the qualifying bet has settled, BetMGM will automatically credit 4x £10 free bets to your account.

These free bets must be used on sports bets with at least two selections and will expire 7 days after being credited if unused.

BetMGM Bet £10 Get £40 Terms & Conditions

• Eligibility: New customers aged 18+ with a valid BetMGM account.
• Offer type: Sports Welcome Offer.
• Qualifying bet: Minimum £10 bet at odds of Evens (1/1) or greater.
• Time limit: The qualifying bet must be placed within 7 days of opting in.
• Reward: 4x £10 free bets credited after the qualifying bet settles.
• Free bet usage: Free bets must be used on sports bets with at least 2 selections.
• Free bet rules: Free bet stakes are not returned with winnings.
• Expiry: Free bets expire 7 days after being credited if unused.
• Restrictions: Void bets, cashed-out bets, partially cashed-out bets, and multiples bets do not qualify as the initial qualifying bet.
• Market exclusions: eSports and non-UK/IE horse racing do not count toward the offer.
• Offer limitations: Free bets, profit boosts, and odds boosts cannot be used as the qualifying bet.
• Operator: Promotion run by LeoVegas Gaming plc, operator of BetMGM in the UK.
• General terms: BetMGM general terms and conditions apply.