Cycling and Bike Races: How to Bet on Them17 April 2018
Cycling is one of the most popular sports in the world nowadays. However, cycling is more popular in some countries than in others, so there are more chances for betting on cycling events.
Even if you are not very familiar with cycling, betting on it is a good idea. By browsing online, you will easily get acquainted with the basics and you’ll be able to place bets and win some money.
This is what you should know before you start.
Cycling Bet Types and Odds
The most popular type of bets that those who are not too familiar with cycling lay a wager on are simple single bets. This is when you place a bet on the winner of the race. Usually, the favorites for the win are known before the race begins, so this is the simplest bet.
Otherwise, you can bet on who will win the whole championship, who will win the most hill points and many other things.
In cycling, the odds are expressed in several different formats. The most common formats are Moneyline, fractional odds, and decimal format. How odds are expressed usually depends on which country the sportsbook caters to the most.
Major Cycling Events
When betting on cycling, it is best that you stick with the most popular cycling events. This is because it will be the easiest for you to find relevant information about them online. Here is a list of the most popular ones.
- Tour de France. This is the most popular and the most important race in the whole sport. It takes place during summer, in France. The race finish is in Paris where the winner is determined.
- Giro d’Italia. As the name suggests, this race takes place in Italy. It lasts for three weeks in total and it is one of the Grand Tour races. Giro d’Italia is on the UCI ranking calendar, so all of the most famous teams and cyclists contend for the win.
- La Vuelta. Similar to the Tour of Italy, this race also lasts for three weeks. It takes place in Spain and is another one on the list of the Grand European Tours. It is also on the UCI ranking calendar, so you can expect the best cyclists to compete.
Betting Strategy and Tips for Cycling
The best tip that you can receive when placing bets on cycling and sports, in general, is to find the best odds. Don’t go with the first sports book, but shop around.
Another very important thing is to research the sport. Try to learn as much as possible about the teams and their favorites, as well as the rules of the sport. This can be tough for cycling because of its complexity, but don’t get discouraged.
Betting on cycling is not much different from betting on any other sport. All you need to do, as you can see, is research the platforms with the best odds, choose the right events and learn as much as you can about the sport. Nail that and you will surely win some bets!