BetMGM Review: Sign Up Bonus, £40 Free Bets & Verdict
New customers: Deposit £10+ and place a sports bet within 7 days from registration. Get 4 x £10 Free Bets - 2 x Football Accas (4+) & 2 x Sports Multiples (2+), valid 7 days. Min odds apply. Excludes virtual sports, esports and non-UK/IE horse racing. Opt-in required. 18+. T&Cs apply.
The BetMGM bonus for new customers is Bet £10, Get £40 in Free Bets. Place a £10 qualifying bet at odds of evens (1/1) or bigger, and once it settles you’ll receive four £10 free bets. No bonus code is needed. Below, we explain how the offer works and how to claim it, then review BetMGM’s horse racing markets, odds, features and payments.
BetMGM Bonus: Bet £10 Get £40 in Free Bets
The BetMGM sign up bonus is open to new customers only. It is one of the bigger welcome offers among UK bookmakers.
How the BetMGM £40 Free Bets Work
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Open a new account and opt in to the sports welcome offer.
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Deposit and place a £10 qualifying bet at minimum odds of 1/1 (2.0).
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Once your qualifying bet settles, four £10 free bets are credited to your account: 2 x £10 singles and 2 x £10 accas.
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Use your free bets within 7 days before they expire.
BetMGM Sign Up Offer: Key Terms
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New customers only, 18+.
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Minimum qualifying stake of £10 at odds of 1/1 or bigger.
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Each-way bets do not count towards the qualifying bet.
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Free bets, profit boosts and odds boosts do not qualify.
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Free bet stakes are not returned with winnings.
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Free bets expire after 7 days.
Do You Need a BetMGM Bonus Code?
No. The £40 free bets offer is applied when you sign up and opt in, so there is no promo code to enter. ✔ Up to £40 in free bets for a £10 stake.
✔ Free bets can be used across a range of sports markets.
✘ Each-way bets are excluded from the qualifying bet.
How to Sign Up to BetMGM
Signing up to BetMGM only takes a few minutes:
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Visit the BetMGM site using the offer link on this page.
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Click ‘Sign Up’ in the top right of the screen.
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Enter your email address and choose a password.
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Click ‘Create Account’ and complete your details.
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Opt in to the sports welcome offer, then deposit and place your £10 qualifying bet.
You may be asked to verify your account before you can bet or withdraw. This usually means uploading a photo of your ID or proof of address.
New customers: Deposit £10+ and place a sports bet within 7 days from registration. Get 4 x £10 Free Bets - 2 x Football Accas (4+) & 2 x Sports Multiples (2+), valid 7 days. Min odds apply. Excludes virtual sports, esports and non-UK/IE horse racing. Opt-in required. 18+. T&Cs apply.
BetMGM at a Glance
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Welcome offer: Bet £10, Get £40 in Free Bets
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Mobile apps: iOS and Android
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Cash out: Yes
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Horse racing live streaming: Yes
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Payment methods: Debit card, bank transfer, PayPal, Apple Pay
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Minimum deposit: £10
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Minimum withdrawal: £10
Is BetMGM Legit?
Yes. BetMGM is licensed and regulated by the UK Gambling Commission. It is owned by MGM Resorts and Entain, the group behind Ladbrokes and Coral. The site offers the full set of responsible gambling tools you’d expect from a UK-licensed bookmaker, including deposit limits, time-outs and self-exclusion.
Other BetMGM Promotions for Existing Customers
The welcome offer isn’t the only promotion at BetMGM. Existing customers can earn a weekly £5 free bet by placing four £5 bets during the week at odds of 1/1 or bigger. Each-way bets don’t count towards this either, which is worth knowing if you mainly bet on racing.
BetMGM also runs boosted odds and special promotions around big events, including the Cheltenham Festival.
BetMGM Horse Racing Betting Markets
BetMGM covers a wide range of horse racing markets. Each day’s races are clearly listed with their runners, and meetings are organised by region.
As well as standard win and each-way betting, you’ll find forecast and tricast markets on separate tabs for each race card. There is also a ‘Betting Without’ market, which removes the favourite from a race and adjusts the odds on the remaining runners.
BetMGM Betting Odds
BetMGM offers competitive odds across major sporting events. Prices update regularly as events develop, especially in its in-play markets.
Odds are shown in fractional format by default. You can switch to decimal or American odds in the settings menu.
BetMGM Betting Features
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Cash out: Settle your bet early at any point after placing it.
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Live streaming: Watch selected sports and horse racing directly on BetMGM.
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Racing form and stats: Detailed form, previous runs and expert analysis on each race.
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In-play betting: Bet once an event has started, with odds that move in real time.
BetMGM Payment Methods
BetMGM accepts Visa and Mastercard debit cards, PayPal, Apple Pay and bank transfer. The minimum deposit and minimum withdrawal are both £10.
To deposit or withdraw, click the wallet icon in the top right corner. Deposits are usually instant. Withdrawals can take a little longer to process.
BetMGM Customer Support and Responsible Gambling
You can reach customer support from the main menu. The options are:
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A help centre with FAQs
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Live chat
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A telephone support line
BetMGM also offers responsible gambling tools, including:
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Deposit, session, loss and wagering limits
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Reality check notifications
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Time-outs and self-exclusion
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Links to support organisations
About BetMGM
BetMGM was founded in 2018 as a partnership between MGM Resorts and Entain. It became one of the biggest betting brands in the US before launching in the UK in 2023. It was named Sports Betting Operator of the Year in 2024, adding to awards previously won for its casino.
Our Verdict on BetMGM
BetMGM offers a strong all-round betting experience. The £40 free bets welcome offer is one of the bigger sign up bonuses available. The site is easy to navigate, and its horse racing coverage includes live streaming and detailed form.
✔ Bet £10 Get £40 in Free Bets welcome offer
✔ iOS and Android apps that match the desktop site
✔ Wide range of markets, including racing from multiple regions
✔ Competitive odds with live in-play pricing
✔ Good customer support and responsible gambling tools
✘ Withdrawals aren’t always instant
✘ Fewer payment methods than some rivals
BetMGM FAQs
What is the BetMGM sign up bonus?
New customers can bet £10 at odds of 1/1 or bigger and get £40 in free bets, paid as four £10 free bets.
Do I need a BetMGM bonus code?
No. Just sign up and opt in to the welcome offer.
How long do BetMGM free bets last?
BetMGM free bets expire 7 days after they are credited.
Do each-way bets count for the BetMGM offer?
No. Each-way bets don’t count towards the qualifying bet.
Is BetMGM legit?
Yes. BetMGM is licensed by the UK Gambling Commission.