How To Bet On Cycling - The Best Bets, Odds and Markets Cover

How To Bet On Cycling - The Best Bets, Odds and Markets

by Oddspedia Experts
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Cycling is no longer a recreational activity but a competitive sport, with competitions like Tour De France providing punters with lucrative betting markets! Despite its rising popularity, only a few gamblers understand how to bet on Cycling. This read will discuss how cycling betting works, popular cycling markets, cycling betting tips, and more! So, stay tuned.

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How Cycling Betting Works

Many events happen in cycling competitions, whether sprint or endurance racing. Bookmakers compile most, if not all, expected events and assign odds based on their probability of happening.

Computer algorithms that use past cyclists' performance and other statistics play a massive role in generating the prices. The markets are then added on sports betting sites and presented to gamblers who place bets hoping to make a profit.

Understanding Cycling as a Sport

Cycling is a competitive sport governed by the Union Cycliste Internationale or the UCI. The races take different formats, each testing competitors' fitness, agility, and endurance. So far, there are two formats of Cycling:

  • Racing discipline
  • Non-racing discipline

Race cycling requires cyclists to follow a specific route and earn points based on their finishing positions on each stage. On the other hand, non-race Cycling entails tricks and stunt riding.

Different Categories of Races

Cycling has ten categories, with the following being the primary races:

  • Road Cycling
  • Track Cycling
  • Cyclo-Cross
  • Mountain Bike

Road racing involves team and individual competitions contested in different ways. The races range from one-day to stage races like the Tour de France. On the other hand, track cycling happens indoors, making it an all-year-round affair. The races take place on velodromes or banked tracks.

Cyclo-cross races occur in the autumn or winter and entail multiple laps of 2km to 3km with different obstacles. Finally, mountain bikes take place off-road and involve a moderate to a high degree of technical riding.

Popular Events

So far, there are three major grand tours in Cycling:

  • Giro d'Italia
  • Tour de France
  • Vuelta a España

The Giro d'Italia is an annual multi-stage bicycle race in Italy. This competition contains 20 to 21 stages, a prologue, and two to three rest days. On the other hand, the Tour de France is a 23-day event with 21 long stages of varying terrain and difficulty. Similarly, Vuelta a España is a 23-day race with multiple stages (21) and two rest days.

Top Cyclists

Cycling competitions have seen the rise of incredible athletes over the years. One of the most notable athletes is Eddy Merckx, nicknamed the 'cannibal.' Merckx is a former road racing cyclist from Belgium known for his aggressiveness. He won the Tour de France overall combative award in 1969, 1970, 1974, and 1975.

Tadej Pogačar is yet another top cycling athlete from Slovenia. Pogačar has won two Tour de France titles for the 2020 and 2021 editions. Julian Alaphilippe is also a top cyclist. He wore the Tour de France yellow jersey for 14 stages in 2019 and holds titles for the Tour of California and Tour of Britain.

Cycling bookmakers present punters with multiple betting options that you can use to place single or ACCA bets. These include long-term and short-term betting markets like:

Outright Winner

Outright Winner is a long-term betting market that involves wagering on the winner of a cycling competition. You can hence bet on the Winner of the Tour de France represented as

  • Jonas Vingegaard – 4/7

Podium Finish

The podium finish betting market requires you to wager on the cyclist finishing in the top 3. With the market, you can bet on Sepp Kuss to have a podium finish in Vuelta a España as follows

  • Sepp Kuss – 5/7

Points Classification Winner

The points classification winner lets you predict the cyclist winning the green jersey in the competitions. For example, you can bet on points classification winner to be:

  • Tadej Pogačar – 1/1

Winning Team

As the name suggests, winning team betting involves wagering on the cycling team that will triumph in the event based on the number of collected points. So, with this market, you can bet on the following team to win the Tour de France:

  • Team Jumbo–Visma – 4/5

Match Ups

In matchups, the bookmaker will pit two race cyclists against each other. You are then required to predict the cyclist to make it to the top 10 after the race. So, the matchup can be presented as follows:

  • Tadej Pogačar (5/4) vs Adam Yates (1/1)

Winning Margin

In Cycling, the winning margin market requires you to bet on the point difference between the top and bottom teams after the race. This can be presented as an Over/Under bet type. So, in the Tour de France

  • Winning Margin (Over/Under – 250.5)

Stage Winner

Time trials are mostly a track race betting market where you bet on a competitor that will compete in a particular course within the shortest time. Some of the bets you can place under this market include:

  • Team Time Trials
  • Individual Time Trials
  • Totals Time Trials

Special (Prop) Bets

Proposition bets or prop bets are markets where you wager on events that will likely happen during the race but will not influence the results. Some bets you can place under this market include:

  • Nationality of Winner
  • The Winning Margin of Each Stage

How To Bet On Cycling: Step-By-Step Guide

You will undergo a learning curve when betting on Cycling, as there are things you must know to wager on events correctly. Here is a run-down of important steps you should follow:

  • Understand the Basics: Learn about cycling events like Giro d'Italia and grasp the basics, such as calculating points and the stages involved. Take note of intermediate sprint stages and how they may affect the competition.
  • Research the Race and Cyclists: Once you pick a race, do adequate research on the course and the participating teams.
  • Find a Reliable Betting Site: Look for a safe, legitimate betting site with competitive odds and extensive coverage of cycling events.
  • Register and Deposit Funds: Sign up for a betting account and make a deposit of money you will use as a stake.
  • Understanding Betting Odds: Take note of the betting odds. For a market price like 5/1, you will receive five times the amount for every £1 you wager correctly.
  • Select Your Bet: Go through the selection and pick the ideal betting market.
  • Place Your Bet: Add your selection to the bet slip and submit the bet.
  • Collect Your Winnings: Withdraw your winnings if placed in a winning bet.
  • Learn and Repeat: Confirm any mistakes you have made and learn from them, then repeat betting.

How To Start Betting?

Everything You Need To Know In 5 Easy Steps!

How To Start Betting?
Pick A Highly Rated Bookie

Find the right bookmaker for you and sign up.

Fund Your Account

Make a deposit with the payment method you prefer. Consider responsible gambling features and bankroll management.

Claim Your Bonus

Many betting sites have a welcome bonus or free bet, which you can claim after making the first deposit. *never forget to read the small print!

Choose An Event To Bet On

Find an event you are interested in, select a betting market that appeals to you the most and "click" on the odds.

Start Betting

Go to the bet slip and input the details of your desired bet and confirm the wager.

Cycling Betting Tips And Strategies

Placing correct cycling bets is easy, especially if you employ ideal tips and strategies. Here are key tips worth considering to increase your winning chances:

Know The Cyclists And Recent Form

Do comprehensive research on the cyclists to know their form. Some cyclists excel in different stages of the competitions and flop in others. Get facts about their form by monitoring their past performance.

Consider Weather Conditions

The weather conditions impact the outcome of every race. While some cyclists thrive in dry weather, others perform well in wet conditions. Aspects like wind strength may also affect the cyclists' performances.

Course/Velodrome Knowledge

Study the course or velodrome when betting on cycling races. Know whether the course favours climbers or sprinters and how this will impact the cyclists. For velodrome, check the steepness of the banked curves.

Odds Comparison - Get The Best Cycling Betting Odds

Get value for your bets by comparing cycling odds across different bookmakers. Do not settle for the market prices a particular site provides, but rather. With an in-depth comparison, you may land better odds.

Know the Race and Format

Understanding the race and format will make research easier! You will know which stages to review and how to analyse the riders. Also, you will know whether the race favours climbers or sprinters and some key areas to focus on when betting. So check the current location of the race and use it to place live or pre-live bets.

Take The Small Wins And Profits - Start Small

Always take small wins and profits. The risk is often minimal despite the average payouts. On the other hand, big wins involve significant risk with slim winning chances. This betting strategy is crucial if you are a new bettor.

Specialise

There are ten categories of race cycling, making it hard to comprehend each competition perfectly. So, specialise. You can bet on road races or narrow down to the Tour de France. Specialisation will make research easy. You will also have an effortless time keeping up with the race news.

Stay Informed

Keep up with cycling news. Gather information from cyclists' social media pages and credited sites to stay ahead. This will ensure you get all the critical details that will change the course of the race.

Make Use of Bonuses and Promotions?

Always make use of bonuses and promotions so that you can bet more inexpensively. Some betting sites are generous enough to offer race-specific bonuses, which you can use to wager on select events. But before utilising a bonus, read the terms and conditions to ascertain its suitability.

Select The Best Cycling Bookmakers

Though an underestimated strategy, selecting the best cycling bookmaker is mandatory. Some things to check to ensure you land on the best betting site include legitimacy and security. Also, consider the bookmaker's coverage of cycling events and the available promotions.

  • Bet $5, Get $150 in Bonus Bets
    No code required Claim bonus

    New customers only. 21+. Wager your first $5+ and if you win, you'll be awarded $150 in bonus bets. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.

  • Up to a $500 Second-chance Bet
    Claim bonus

    Payout on Free Bet wagers includes profits only(stake not returned). Must be 21+ and physically present in U.S. T&Cs apply.

  • Up to $1,500 back in Bonus Bets
    Claim bonus

    Place your first wager and receive up to $1,500 back in Bonus Bets if the bet loses. If the bet does lose, your Bonus Bets will be available once your initial wager is settled. Must be 21+ and located in the U.S. T&Cs apply. Please Gamble Responsibly!

  • Get $100 when you bet $20
    No code required Claim bonus

    Free bets will be broken down into 10 x $10 bets. Must be 21+ and located in the US at time of wagering. T&Cs apply.

  • Bet $5, Get $200 + No Sweat NBA SGP Tokens
    No code required Claim bonus

    Regardless of the outcome of the wager the bonus will be awarded as six(8) $25 Bonus Bets. Must be 21+ years of age or older and physically located in the U.S(AZ, CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV). New customers only. T&Cs apply.

Most Common Cycling Betting Mistakes

You will be surprised how much punters lose to betting sites because of simple, avoidable mistakes. Here, we will discuss the most common cycling betting errors you should avoid for the best outcome:

Betting Without Research

Placing cycling bets without doing research will put you at a disadvantage. You will need to find out the form of the cyclists and who is likely to dominate different stages of the race. Therefore, always do extensive research so that your cycling predictions are fact-based.

Mismanaging Your Bankroll - Not Setting Budget Limits

Bankroll mismanagement is a common mistake among new gamblers. Most new bettors avoid developing betting budgets, while others develop and fail to adhere to the budget. Always set budget limits and follow them to prevent wagering more than you can, ultimately plunging into debt.

Ignoring the Race Type

The type of race you are betting on determines the obstacles and difficulty levels riders will face. Therefore, you must consider the race type to make the correct prediction.

Over-Dependence on Favourites

While bookmakers use computer software and algorithms to determine the cyclists likely to win the race, the predictions are only sometimes correct. Over-dependence on favourites can lead to avoidable losses. That said, always do research and let facts dictate whether or not you should bet on the favourite.

Betting Emotionally

Emotional betting is highly discouraged when placing cycling bets. Avoid wagering on your favourite teams or cyclists. Instead, research the cyclists and racing teams before making any predictions. If you decide to bet on the favourites, ensure facts, figures, and statistics back your decision.

Ignoring Live Betting Opportunities

Live betting is one of the best options, as it is sometimes flooded with opportunities. By ignoring such chances, you miss out on big payouts. Therefore, remain vigilant on live betting opportunities and take chances whenever they present themselves.

Neglecting Smaller Races

Since Cycling is not too popular, most bettors only focus on big races like the Tour de France. This keeps you from taking advantage of opportunities presented by smaller races. That said, check the cycling calendar and note the small races worth betting on.

Ignoring the Weather

Ignoring the weather is a common mistake despite its apparent impact on cycling races. In that case, always check the country's weather or location where the race will occur and use the information to make predictions.

Not Understanding the Odds

Betting odds are essential to gambling as they hint at events likely to happen. So, make sure you study and understand the odds. With the information, you will also know how much you will likely make from a particular bet.

Chasing Losses

No one likes losing a bet. However, that should not be a motivating factor to chase losses as it may lead to even more significant losses. Instead, develop a betting system like Martingale to help you make informed bets and avoid losses.

Pros and Cons of Betting on Cycling

Betting on gambling has many advantages for new and seasoned bettors. However, it has its pros, as outlined in the list below:

Pros vs Cons
Thumb Up
Thumb Down
  • Offers A Diverse Range Of Markets
  • Presents Punters With Year-Round Betting Opportunities
  • Easy To Learn
  • Incredible Media Coverage
  • Sets The Stage For Entirely Unpredictable Events
  • Low Media Coverage For Domestic Races

Cycling Sports Betting FAQ

🚴 How do I interpret the odds in Cycling?

In cycling odds, the denominator represents the stake, while the numerator represents the money you will likely win. So, 4/1 odds state that for every £1 stake, the bookmaker will pay four times the stake. That is, if the bet is a winning one.

💰 Can I make a profit from betting on Cycling?

Yes, you can make a profit from betting on Cycling. All you need to do is place correct real-money bets on the available cycling events.

🤔 Do All Bookies accept bets on Cycling?

Yes, all sports betting sites accept bets on Cycling. However, only a few have a massive coverage of the competition. Some only cover top races like the Tour de France.

🚵 Is Live Betting Available for Cycling?

Yes, live betting is available for cycling at various betting sites. Bookmakers offer punters betting markets to bet on as the races continue.

💵 What is the best Cycling Online Sportsbook for UK bettors?

Bet365 is the best cycling online betting site. The bookmaker has incredible coverage of cycling events. Furthermore, it offers competitive odds and a diverse range of markets per race and is not restricted to the UK. Other top bookies that you can also consider include:

  • 1xBet betting site
  • bwin
  • 22Bet

Do I need to be a cycling expert to bet on Cycling?

No, you don't need to be a cycling expert to bet on Cycling, whether track or road races. Instead, you need to understand the race, list of cyclists, and race formats to place bets.

💵 Can I win a lot of money betting on Cycling?

Yes, you can win a lot of money betting on Cycling. This is possible if you stake significant amounts or place bets on markets with greater odds.

🛠️ What should I do if I face a losing streak in cycling betting?

If you face a losing streak, consider changing your betting strategies. You can also use Oddspedia betting tips to increase your chances of placing winning bets.

🚀 How can I boost my cycling betting strategy?

You can boost your cycling betting strategy using Oddspedia as your betting resource. We offer cycling odds comparison tools and betting tips that will help you increase your winning chances.

🚵 Can I bet On the Number of Stage Wins by a Team/Cyclist in the Tour De France?

Yes, you can bet on the number of stage wins by a team/cyclist in the Tour De France. This is often under proposition bets as it does not impact the overall outcome of the race. That is only if the team ends up raking in the most points by the end of the event.

🚴‍♀️ What should I research before placing a cycling bet?

Before placing a cycling bet, you should research cyclists' forms and previous performances. Besides, review the race format and the team backing the cyclist as it plays a massive role in their cycling strategy.

🤔 Can I bet on cycling races apart from the Tour de France?

You can bet on other cycling races apart from the Tour de France. Other races worth betting on include Giro d'Italia and Vuelta a España.

🚲 What are the popular types of bets in Cycling?

The popular type of bets you can access at a bookmaker include the following:

  • Outright Winner
  • Podium Finish
  • Winning Team

These betting options have better odds, especially if you wager on them before the match begins.

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This article was written by our team of betting experts, any contributing references are noted below.
Last updated 16/01/2024
References
  1. Betting on Cycling Races. bwin.https://sports.bwin.com/en/sports/cycling-10
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