Published
OnlineSports BettingHorseracing

BetMGM UK clarifies betting terms following Cheltenham Festival debut

BetMGM UK clarifies Cheltenham Festival bet terms after confusion and settles bets based on pre-race selections.

Cheltenham festival betting
Listen To Article

In response to recent confusion (and social media criticism) surrounding a bet placed during the Cheltenham Festival, BetMGM UK issued a tweet clarifying the terms offered for the 14:50pm race on 12 March 2024.

Contrary to reports, the operator confirmed that each way bets were available on five horses, not six, as initially suggested.

Despite an error by one of its agents, BetMGM UK stated that all bets were settled correctly based on the terms selected before the race.

The clarification from BetMGM UK arrives after technical difficulties encountered during the company's debut at the Cheltenham Festival. Despite garnering attention for its offers and marketing campaigns, users reported issues accessing the site and delays in transactions.

Complaints flooded social media platforms, prompting assurances from BetMGM UK that all bets, deposits and withdrawals would be honoured, albeit with potential delays.

Since its launch in the UK in August 2023, BetMGM UK has sought to establish itself in the British betting market. Backed by MGM Resorts, the company has formed partnerships with industry players like LeoVegas and has engaged high-profile ambassadors like Chris Rock.

However, LeoVegas CCO Chris Welch (LeoVegas operates BetMGM UK), has recently been banging the drum for the brand. Despite the teething issues it has faced, bettors across the UK have still been downloading its app en masse.

Premium+ Connections
Premium

1xBet Partners

 
Premium

Lynon

 
Premium

Digitain

 
Premium

Imagine Live

 
Premium

PIN-UP Partners

 
Premium

Revsharks

 
Premium

RISK

 
 
Premium

Sport Generate

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...