BetMGM Unveils £500K Giveaway as Cheltenham Festival Looms

As the highly-anticipated Cheltenham Festival looms, BetMGM has unveiled a very special promotion. According to its announcement, the operator will host a raffle where it will award some £500,000 to its luckiest customers.

Bet £2 for a Shot at £250K

According to BetMGM UK, two of its customers will scoop up prizes of £250,000 each during the upcoming horseracing festival. The promotion celebrates BetMGM’s first year as the official sponsor of the BetMGM Queen Mother Champion Chase, a Grade 1 National Hunt steeplechase run in Cheltenham.

According to the operator, the two players will be selected at random among all eligible players. Those who wish to participate would need to bet and settle a £2 bet on any sports market during the promo period.

BetMGM clarified that each settled bet of £2 or more would qualify as an entry, meaning that a single customer can have multiple entries, increasing their chances of scoring the big prize. However, bets that are larger in size do not constitute multiple entries.

Fans Can Look Forward to Additional Promotions

The £500,000 giveaway isn’t the only thing betting aficionados in the UK should look forward to. BetMGM UK added that all new customers will be able to benefit from a separate promotion which will award them £40 in free bets if they bet at least £10 with the operator.

In the meantime, BetMGM will introduce the Vegas Victory Vault at the Cheltenham Festival. This cutting-edge slot will be located in The Centaur and will provide gamblers with a shot at a free trip to Las Vegas.

BetMGM confirmed that it will be giving away a total of three holidays to Sin City. In addition to that, there will be a number of smaller prizes, such as tickets to other noteworthy racing meetings, including next year’s Cheltenham Festival and the Grade One BetMGM Clarence House Chase at Ascot, another race sponsored by the operator.

BetMGM UK Wants Fans to Remember This Festival

Sam Behar, director of UK and sponsorship at BetMGM UK, commented on the matter, saying that he is thrilled about the upcoming racing season. He reiterated his company’s excitement to sponsor the BetMGM Queen Mother Champion Chase and noted that the operator wanted to share some of this excitement with its cherished 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.

Sam Behar, director of UK and sponsorship, BetMGM UK

Behar added that the promotions seek to make this year’s edition of the Cheltenham Festival one to remember.

Several days ago, BetMGM and its co-owner MGM Resorts International announced groundbreaking collaborations focused on gambling harm research and prevention.