Cycling is one of the most popular sports in the world. You need a good bicycle racing betting guide if you plan to wager on it for the first time. Here are some tips that will help you to earn money on cycling.
Among all sports competitions that exist, cycling stands out. With countless fans across Europe, North America, and Australia, bicycle racing is one of the most-watched competitions in the world. Even more people enjoy betting on cycling at online sportsbooks as this is an easy way to earn some cash. To start betting on cycling, you need a good betting guide – here it is.
What is cycling?
Cycling (also known as biking or bicycle racing) is a popular sport across the world. It is a competitive sport where competitors use bicycles. Usually, cycling competitions take place among many riders who have to cover a certain distance for the shortest period of time.
There are several categories of bicycle racing. According to the online betting industry news, the main forms of cycling in 2021 are road racing, track cycling, time trialing, cyclo-cross, mountain bike racing, BMX, and cycle speedway. Non-racing cycling includes artistic cycling, cycle polo, freestyle BMX, and mountain bike trials.
Bicycle racing betting guide
Everyone can bet on cycling in 2021. Thanks to online sportsbooks, the most popular bike competitions across the globe are covered. All that fans of cycling have to do is to choose an online betting platform, pick a competition, bet on it, and earn money on winners/losers. How to do it? Our bicycle racing betting guide is here to help.
Find a sportsbook
First of all, you should find a reliable sports betting site that offers odds on cycling competitions. Luckily, almost all time-tested sportsbooks cover many bicycle racing tournaments. Unibet, 1xBet, Bet365, Intertops – all these sportsbooks offer odds on various competitions daily, so feel free to check them to find the one you want to bet on.
Cycling competitions to bet on
The next step in a bicycle racing betting guide is choosing a competition to wager on. Apparently, the most popular and watched cycling tournaments in the world are the following:
- Tour de France
- Giro d’Italia
- Vuelta a Espana
- Tour of California
- Tour of Flanders
- Milan–San Remo
- Tour de Suisse
- RAAM
- Cycling Australia Road National Championships
Of course, not all top tournaments are here as cycling is popular everywhere. Besides the world-popular cycling tours listed above, almost every country has its local competitions. You can find bets on them at sportsbooks that are available in your area.
How to bet on cycling?
Finally, how to bet on bicycle racing and win money? Usually, punters wager directly on favorites to win the race. This is the most popular betting option at online betting sites like Unibet Sportsbook.
To bet on the cyclist you think will win the race, you need to choose the lowest odds at sportsbooks. However, it won’t bring you lots of money. Although your cyclist has the best winning chances, the profit he brings is usually less than the stake itself. Therefore, it is recommended to bet on runners-up or underdogs. This is quite risky but if they win, you will earn more money on their high odds.
Usually, you can see three types of odds on online sportsbooks: American, fractural, and decimal. Decimal odds are considered the most popular and frequent at betting sites. Understanding them is easy – the lower the number, the higher winning chances & lower payouts are there.
You can also go through the best online sportsbook deals to bet on cycling with the help of bonuses, accumulators, and other beneficial offers.
