Last updated on: March 4th, 2022
Betting On Cycling
If you are trying to find out how to bet on cycling, you have stumbled upon the right place. Betting on cycling is easy. The most common cycling bet is just putting money down on who is going to win the race. When betting on cycling you will find that there are different wager types for you to take advantage of like cycling prop bets, cycling futures bets, over/under bets, and more.
As you keep exploring this guide, you will find out all that you need to know in order to potentially make a profit with legal sports betting on this two-wheeled sport. You will fund out the legality of betting on cycling as well as where you can find legal cycling betting. You will also find a run-down of all the different bets that you can make on cycling and how to go about making them. You will also find out what the current cycling odds are.
Is It Legal To Bet On Cycling?
Betting on cycling is just as legal as betting on any other sport. As long as there are odds listed for cycling on online sportsbooks, you are good to go. It is not unlawful to bet on anything as a matter of fact, if you’re using the proper websites. So those that follow cycling can feel free to bet on one of the many races that happen throughout the year. Cycling is an international sport that happens all around the world so be sure to see where the race you are betting on is happening.
What Bets Can You Make On Cycling?
Like any other sports that are posted on online sportsbooks, there are different betting options that you can take advantage of. The cycling odds might be different on different sportsbooks so it is good to look around and shop lines to make sure you’re getting the best value before making your bet.
Betting On Cycling Futures Bets
Betting on a cycling futures bet is easy to do. Futures bets allow you to make bets on cycling races well in advance before the event even happens. You can make a futures bet on any cycling race that is coming up. You will notice that futures odds are longer than normal odds the further out the event is from happening. This means if you win your bet, you make a larger payout.
Betting On Cycling Prop Bets
Cycling prop bets are simple to make and easy to keep track of. Prop bets, in general, could deal with anything that is surrounding the race. You can make prop bets way in advance before the race or even moments before the race is going to begin. There are different types of prop bets that you will be able to make. For example, you can bet on how long it will take both the fastest and slowest participants in the race to finish. You can even bet on simpler things like how many bikers that finish will be wearing a specific color.
Betting On Cycling Over/Unders
Betting on the Over/Under for cycling is just like betting the Over/Under on other sports. The only difference here is that you can bet the Over/Under on different things in cycling. For example, you can bet the Over/Under on how many people will finish the Tour de France. Online sportsbooks could have the Over/Under for the number of people finishing set at 90.5 with the Under being favored with -150 odds and the Over set at +110 odds. That would mean that less than 90.5 people are favored to finish the race.
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Current Cycling Odds
Current odds for the Tour De France have reigning Tour De France Champion Tadej Pogacar as the early favorite to win. Pogacar won not only the Tour De France itself in 2021 but also was awarded the best young rider. The two-time winner has short odds to win his third in a row when it starts on July 1st, 2022.
How To Make Money From Cycling
Online sportsbooks offer different methods of payment through their services. You have different options when choosing how to deposit money into your account. You could use a money order, credit or debit card, or even Bitcoin. You could even take advantage of their promotions based on your sportsbook payment methods. All you do is create your account and insert funds and you are ready to go.
When looking to cash out your winnings, it’ll be a bit different. If you are using bitcoin or any other form of cryptocurrency, you can have that money go back to your online cryptocurrency wallet. If you are using a money order or debit or credit card, you can get your money through a wire transfer or check in the mail.