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Deposit £10+ within 7 days and place a sports bet. Get 4 x £10 Free Bets (2 x £10 Bet Builders & 2 x £10 Sports Bet). Valid 7 days. Min odds apply. Excludes virtual sports, esports and non-UK/IE horse racing. 18+. T&Cs apply.
Deposit £10+ within 7 days and place a sports bet. Get 4 x £10 Free Bets (2 x £10 Bet Builders & 2 x £10 Sports Bet). Valid 7 days. Min odds apply. Excludes virtual sports, esports and non-UK/IE horse racing. 18+. T&Cs apply.
Valid Today
June 26, 2026
BetMGM Cheltenham Festival Free Bets & Offers
BetMGM is one of the leading lights on horse racing and indeed the Cheltenham Festival in recent years, providing insights and a variety of different markets for you to get your money's worth. BetMGM is able to provide new customers with a dazzling sign up offer that you can use today as the action on Champion Day unfolds.
The sign up offer gives you £40 in Cheltenham free bets when you sign up and wager £10. In addition, there are a host of existing offers including daily profit boosts and extended each way betting, making this bookmaker an excellent choice for your festival betting.
On top of all this, for Cheltenham Festival 2026, BetMGM is offering new or existing customers a completely free bet on the opening day so you can get extra value throughout the four-days of racing! Find out how to maximise your betting experience for the biggest racing event of the year with BetMGM below!
BetMGM Cheltenham Offers Explained
New users to BetMGM are in for a treat as you can go big on the Cheltenham Festival with this exclusive sign up offer. All a new customer needs to do is sign up to BetMGM, place a qualifying wager of £10 and they will receive £40 in free bets, which you can use on any race at Cheltenham.
There’s no bonus code or anything else to remember, simply signing up and placing the bet of £10 on odds greater than evans (1/1) will unlock that £40 prize. These free bets will come in the form of 4 x £10 Free Bets, and you must use them within seven days of signing up.
This is a must-claim ahead of the biggest event in the horse racing calendar and is one of the best offers out there on the market.
Money Back As A Free Bet On The Turners Novices' Hurdle at 1:20pm
BetMGM has a cracking offer to kick off Day 2 of Cheltenham Festival, as you can get your money back as a free bet, if your horse loses on the Turners Novices' Hurdle at 1:20pm on Wednesday!
How to Claim BetMGM's Completely Free Bet on Day 1 of Cheltenham Festival 2026
As a BetMGM customer you can claim a completely free bet on Day 1 of Cheltenham Festival 2026 in four simple steps:
CLICK HERE to head to BetMGM's Cheltenham Festival page
Build your bet on any Cheltenham market (excl. ante-post markets)
Select the ‘Free Bet’ on the betslip
Place your completely Free Cheltenham Bet!
BetMGM Cheltenham Festival Extra Places
For the 2026 festival, BetMGM’s ‘Each Way Plus’ gave you flexibility and the chance to win even bigger at the Cheltenham Festival. Let's take a look at the extra places offered for the opening day of the festival, which you can see in the table below:
Race
Places + Odds
Juvenile Handicap Hurdle
6 Places, 1/5
Ultima Handicap Chase
6 Places, 1/5
Plate Handicap Chase
5 Places, 1/5
National Hunt Handicap Chase
5 Places, 1/5
BetMGM Cheltenham Festival Profit Boosts
This year BetMGM have gone an extra step further and dished out profit boosts to your winnings on every day of the Cheltenham festival for 2026. All you need to do is opt-in at the start of the racing and stake up to £20 a day on any of the races. Every day you bet, you will be rewarded as follows:
Tuesday = 10% Profit Boost
Wednesday = 10% Profit Boost
Thursday = 10% Profit Boost
Friday = 10% Profit Boost
How to Claim BetMGM Free Bets
Claiming your BetMGM Cheltenham sign up offer really is simple, and it only takes up a few minutes of your time. Follow the steps below to sign up for your BetMGM bonus bets:
Open a new account at BetMGM UK, you can do this by clicking any BetMGM offer link on this page
Select the Sports Welcome Offer (there is also a BetMGM casino offer available)
Deposit and place a £10 bet at odds of 1/1 (2.0) or greater within seven days. Each way bets must have a £10 stake each way to qualify.
When it settles, unlock £40 in Free Bets!
Your BetMGM bonus tokens will then be added to your account and will be paid out as 4 x £10 Free Bets.
BetMGM Payment Methods
BetMGM provides its customers with a number of ways for you to make payments into your account. See all of the options below.
Visa
Visa Debit
Visa Electron
PayPal
BetMGM Cheltenham Bonus Codes
For the 2026 Cheltenham BetMGM sign up offer, there is no bonus code needed to be applied when signing up. You simply needed to select the offer you’re after, which is the bet £10 get £40 in free bets and make sure to place your qualifying wager on odds of 1/1 or greater within seven days. It’s as easy as that!
Tips to Maximise your BetMGM Offer During Cheltenham Festival
There are a number of ways you can maximise your BetMGM bet £10 get £40 sign up offering at Cheltenham Festival. With the free bets being split out into four £10 stakes, you could even sign up early and place your bets before the festival starts. Known as Ante Post, this is the best chance of getting better odds before they shorten as we near the climax of the festival.
However, this does run the risk of losing your bet, should a horse pull out early. Only bets placed on non-runner money back (NRMB) markets will have their stakes returned once a non-runner is declared.
An alternative strategy to maximise the value of your free bets with BetMGM could be to place multiples such as accumulators or combination bets. While these bets are riskier as they require multiple successful outcomes in order to win, they could provide a greater reward.
Finally, choosing races with extra places or boosted odds will provide more opportunities to win as there is less chance of losing. With BetMGM’s ‘each way plus’ offering on Cheltenham races, there’s a greater chance of reward wherever your bet finishes.
Comparing Past BetMGM Free Bet Cheltenham Offers to Competitors
BetMGM are very competitive when it comes to their Cheltenham sign up offer, as they were in 2025. At bet £10 get £40 in free bets, you will be hard pushed to find better value among the best ranked bookies in the business. Here are a selection of the best of the best and how the BetMGM new customer offer ranks amongst them.
William Hill Cheltenham Offer Compared to BetMGM
William Hill are one of the most established providers around and they back that up with a compelling offer for Cheltenham, where new customers can bet £10 and get £40 in free bets. This matches the current BetMGM offer but with new customers for BetMGM getting £40 in free bets from a £10 qualifying wager.
Betfair’s Cheltenham Sign Up Offer Compared to BetMGM
Betfair's bet £10 get £30 sign up offer in free bets is a very competitive offer and very similar to that of BetMGM’s Cheltenham sign up offer. There’s only £10 in this so choosing BetMGM is still a good decision.
Paddy Power’s Cheltenham Sign Up Offer Compared to BetMGM
Paddy Power's sign up offer is perhaps the most generous deal as new users can bet £10 and get £60 in free horse racing bets. While both offers have the same qualifying stake, Paddy Power's is certainly one to consider with the extra £20 in bonuses.
BetMGM Cheltenham’s No-Runner No Bet Policy
A non-runner, as you might have guessed, is a horse that is named in a race but doesn’t go on to take part in it.
BetMGM is offering Non-Runner No Bet for the 2026 festival, which means Ante Post bets on horses not participating in Cheltenham races will now qualify for refunds.
NRNB is now available on all 28 races at the Cheltenham Festival with BetMGM.
Why Choose BetMGM for Cheltenham Betting
When it comes to horse racing and Cheltenham Festival, BetMGM know what they’re doing. Their sign up offer of bet £10 and get £40 in free bets is one of the most lucrative you can use on the races. That, combined with its betting experience only adds to the fact that you can win big with BetMGM.
BetMGM’s ‘Each Way Plus’ which gives extra places on finishes is another fine feature which is clearly labelled so you won’t miss out at the festival. On top of that, you will be able to live stream the racing from BetMGM. The bookie regularly gives out daily profit boosts, meaning you will get even more on your returns.
BetMGM Cheltenham Betting Markets
Here are some of the ways you can bet on the Cheltenham Festival with BetMGM, including the win markets, betting without the favourite and forecast betting.
BetMGM Cheltenham Win Markets
With BetMGM, you can wager on a horse to finish in first place, making it a fairly straightforward betting market for any customer, old or new. Simply back the horse you think will win the race at Cheltenham.
BetMGM Cheltenham Each Way Markets
Using BetMGM’s ‘Each way plus’ option, you can get more for your money at the races in Cheltenham. You can make the most of the each way markets by betting with BetMGM on races that offer extra places. This will give your bet a better chance of providing a return as the more places that are made available, the better your chances of winning.
BetMGM Cheltenham Forecast and Tricast Markets
Both available on BetMGM at Cheltenham, forecast betting predicts the horses finishing in first and second place in that exact order. There is an each way (or any) option in this market, meaning the two horses can finish in the top two in any order.
Tricast is similar to forecast betting, only the prediction needs to successfully name the horses that finish first, second, and third in the correct order. The tricast is also available as an each way (any order) option.
BetMGM Cheltenham Multiples and Accumulators
Popular among bettors at Cheltenham, multiples and accumulators can be a high-reward strategy. When placing a multiple bet, you are betting on the outcome of several consecutive races and to win, all your picks in every race must come through.
Accumulators work in a similar way, in which a bettor will place four or more selections on horses at Cheltenham in a single bet, only paying out if all selections win.
Multiples and accumulators increase your returns however, which could make it a Cheltenham to remember, but there’s an increased risk that only a few of your picks might come through.
BetMGM Cheltenham Daily and Long-Term Special Markets
BetMGM prides itself on having various markets where you can make the most of your money. Along with their daily profit boosts, BetMGM also dishes out daily and long-term specials, hand-picked for your best Cheltenham experience. This can range from the number of places favourites to the number of winning favourites. For more long term, you can also bet on the top jockey and trainer at the Cheltenham Festival with BetMGM.
Exclusive BetMGM Features for Cheltenham Bettors
There are a number of superb features that BetMGM offers its customers for the Cheltenham Festival. Check out some of the features you can utilise in March.
BetMGM Cheltenham Live Streaming
BetMGM, like a handful of other bookmakers, provides live streaming on horse racing every single day. This should only enhance your Cheltenham Festival experience with BetMGM, watching all the drama and placing your bets at the same time.
BetMGM Cheltenham Best Odds Guaranteed
One great benefit of BetMGM is that the bookmaker offered Best Odds Guaranteed for every race at Cheltenham in 2025, meaning you didn't need to take the starting price (SP). This offer applied to bets placed on Win and Each Way Fixed Odds markets from 8am on the day of race only. We will keep you updated if this carries on for 2026.
Cheltenham 2026 Schedule & Key Races
The Cheltenham Festival is expected to welcome over 250,000 spectators across four days of world-class jump racing, with the event set to take place between Tuesday 10 – Friday 13 March 2026.
Here are a host of frequently asked questions surrounding BetMGM and the Cheltenham Festival:
What is the BetMGM Cheltenham Sign Up Offer?
The BetMGM offer gives new customers £40 in free bets when they spend £10 as a qualifying wager. This is one of the best sign up offers around and one you will absolutely want to use during the races at Cheltenham.
Is there a code for the BetMGM Cheltenham Sign Up Offer?
No. You will not need to enter a bonus or promo code in order to unlock your £40 in free bets. Simply sign up and place your first bet of £10 in order to gain those free bets to use on the festival.
