BetMGM confirm first £250,000 Cheltenham drop winner

Following the conclusion of the 2025 Cheltenham Festival, BetMGM proudly announces its pioneering £250,000 giveaway winner.

Steve from County Durham has emerged as the inaugural winner of BetMGM’s exhilarating £500,000 giveaway during this prestigious horse racing event, astutely placing a £2 qualifying bet with the online bookmaker.

Sam Behar, UK Director at BetMGM, expressed:

“After an electrifying four days at Cheltenham, capped off by the highlight event, the BetMGM Queen Mother Champion Chase, we are thrilled to celebrate the first winner of our Cheltenham £500,000 giveaway. It’s a truly astonishing surprise for one of our valued BetMGM customers!”

Steve has officially received a staggering £250,000 credited to his account, embodying the thrill of sports betting and the life-changing opportunities it presents. “It’s fair to say he never anticipated scoring a win of this magnitude!”

Reflecting on his remarkable achievement, Steve remarked:

“It hasn’t quite sunk in yet. I’m still here thinking, ‘is this real?’. Until the funds hit my bank account, I’ll probably be in disbelief.”

“I’ve always enjoyed a bit of betting; I wouldn’t call myself a high-stakes bettor, but I always look forward to some light-hearted fun. Our family tradition involves a day at the Grand National each year.”

“I enjoy betting on both football and horse racing through BetMGM. On the first day of Cheltenham, I took the day off and went to Sedgefield Racecourse with a friend. They had a big screen to watch the live races, which created a thrilling atmosphere. I also decided to place a bet through BetMGM when I saw the £500,000 giveaway in the promotions. I thought, ‘why not? You never know!’ That’s what led to this incredible surprise.”

Looking ahead, Steve is planning a strategic allocation of his newfound winnings. “Some of it is going to bolster my retirement fund—I’m in the process of planning for the future. I’ll also be using part of the winnings to pay off some car loans and embark on a few home improvement projects.”

This incredible win not only underscores the excitement of the Cheltenham Festival but also emphasizes the innovative promotional strategies employed by BetMGM, which continue to engage and reward their users. With the gambling landscape evolving rapidly, commendable initiatives like this fuel consumer interest and satisfaction, affirming BetMGM’s position as a leader in the sector.