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

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.

Vegas Victory Vault and additional prizes

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.

vegas victory vault betmgm

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.”

Cheltenham’s biggest giveaway yet

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.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Jacob Woodward
Gaming Guides Editor

Jacob has been a life-long gamer and tech enthusiast ever since the original Game Boy was placed in his hands at an early age. Due to his passion for the field, writing talent, and a keen eye for SEO, he transitioned from digital marketing into games journalism in 2019. Starting initially as a writer, he rose quickly, becoming not only an Editor but also Interim Managing Editor within the space of 2 years. He has worked with gaming media publications such as GGRecon, The Loadout, Retro Dodo, Insider Gaming, Gfinity, Stealth Optional, Retro Recall, and many more, making him an…

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.