Betting On Cycling: How To Place The First Bet?
Cycling is one of the most popular and fastest-growing sports in the world, and its popularity has not been decreasing despite recent problems that have been happening in the sport, such as performance-enhancing drugs, doping scandals, and some other issues.
If you are interested in betting on cycling, you have come to the right place as we have everything you need to know about betting on cycling from start to finish.
We will tell you how to place your first bet, what are some of the best cycling-betting bookmakers out there, and more.
Betting on Cycling in 2024
Cycling betting is a way to make money by predicting the outcome of a cycling race. To bet, you need to find a bookmaker that offers cycling betting. Once you have found a bookmaker, you can choose the type of bet you want to make.
Finally, you should also be aware of the markets and odds of the cycling events you want to wager.
2.1 Markets and Championships
The spring classics, grand tours, and world championships are the three significant markets for betting on cycling. The classics are one-day events in late February through early April in Belgium and France.
The grand tours are three-week races that take place in Italy (Giro d Italia), France (Tour de France), and Spain (Vuelta an España). The world championships are one-week races in different countries each year.
A rider has to be at least 18 years old and has been a professional cyclist for at least four years before they can compete in these events.
2.2 Odds
Another thing you need to understand when betting on cycling is the odds. Odds are a way of expressing how likely something is to happen. The higher the odds, the less likely it is to happen.
For instance, if you bet on a coin flip and the odds were 2:1, that would suggest that you would win one out of every two tosses. Cycling betting odds are available online or at your neighborhood bookmaker.
You can use these odds based on the bet you want to place. One good one is the field bet which means that all the cyclists in the race have an equal chance of winning.
Another popular cycling bet is called an each-way wager, where you pick one cyclist to finish either first, second or third with a little extra investment because they have more than three chances of winning instead of just one like in a field bet.
Finally, there is the accumulator, which is my favorite cycling betting tip. It consists of six bets: four singles and two doubles.
2.3 Expert Tips
Cycling betting is an intricate and fascinating hobby that may be profitable for those who know what they’re doing. While being challenging to foresee and comprehend, it is also challenging to tell if you are placing the appropriate bets.
Finding a trustworthy source of cycling betting tips is crucial for this reason as it can assist you in avoiding bad wagers and enhance your long-term profitability. Below are some cycling betting tips
Know the Sport and the Cyclists
Before placing a wager on cycling, you should be aware of the sport. Cycling competitions come in a wide variety, with some being more well-known than others.
Although road racing is the most well-liked kind of cycling, you can bet on mountain bike races, cyclocross, BMX, and track racing competitions.
You should also know about the cyclists that participate in the different events. Some cyclists have been in top form for years, while others may only be starting their careers. Knowing who is good and who is not will help you determine whether or not they will win.
Study the odds
When placing a wager on cycling, you should always study the odds. Simply selecting the cycling betting odds option on the sportsbook page will bring up the odds on multiple betting websites.
When using an online bookmaker, it is vital to remember that it is impossible to predict what will happen next in a race, especially if it is a sprint finish or a bunch sprint where both riders could win at any moment.
Therefore, it is best to bet on both riders and hope for a photo finish or for one rider to emerge victorious from the pack.
Start small
Starting small is crucial. Do not put all your money on one game or type of wager if you are new to betting and have never been successful. It is better to start small with a few bucks so you would not lose heart if you lose your first wager.
Another way to start is using a bookie that offers free bets to allow you to test the waters and see how things work without investing much money.
Once you are comfortable with the bookie, move up to an actual sportsbook where there are no free bets.
Best Sportsbooks For Betting On Cycling
There are many sportsbooks, and some offer better odds than others. If you are new to betting on cycling, it is best to start with one of these sportsbooks that offer good odds and make it easy to place your bets.
3.1 Betfred
Betfred is one of the UK leading bookmakers, offering sports betting as well as casino and poker. They provide a variety of markets for betting on football and horse racing, many of which are 3-way markets, which allow you to make a single wager on two or more different teams or horses.
Their service is not necessarily the best, with some customers complaining about slow payments and long wait times for their money when depositing or withdrawing their funds through their online banking system.
However, if you are looking for a reliable and trustworthy bookmaker, Betfred is an excellent choice.
3.2 William Hill
There are many sports to gamble on with William Hill, a British bookmaker. They feature a betting exchange where you can conveniently and swiftly put your bets.
They also offer live streaming of major events, including the UEFA Champions League, the FA Cup, and many other major tournaments.
They have many different markets available for those interested in sports betting, including both team and individual leagues.
In addition to these features, William Hill has a dedicated app for iOS devices that allows players to place their bets on the go. You can download the app from iTunes or Google Play and begin placing your bets immediately!!
3.3 888Sports
888Sport is a sportsbook that offers betting on cycling. This book is one of the best in the business, and they have been around since 2008. They offer a variety of markets like betting on individual races and teams.
Their website is easy to navigate, and they have many options for placing bets on cycling events. The book offers some great promotions, and players can use their bonuses to get extra cashback when they bet at 888Sport.
888Sport offers excellent customer service and fast payouts, which makes this book one of the best options if you want to place bets on cycling events.
3.4 Coral
Coral is a UK-based online sports betting company that offers a wide range of betting options. Its website has an extensive list of sports events and leagues where you can place bets. You can also bet on individual players and teams to earn rewards and bonuses.
You can choose from various sports in their betting menu. You will find everything from the biggest games in soccer, basketball, hockey, and more to obscure niche sports like roller derby and skateboarding.
They also offer different leagues from around the world. The British Basketball League (BBL), National Hockey League (NHL), English Premier League (EPL), and more are available for betting on your favorite team or player.
Finally, Some popular events like the BBL playoffs, EPL season finales, Stanley Cup playoffs, and Euroleague Final Four tournaments.
3.5 Bet365
Bet365 is a leading online betting company that offers a wide range of sports betting and horse racing options. They have been around for a while and have the trust of most bettors.
The site is easy to navigate and offers easy-to-use tools that make it simple to place your bets. Their goal is to provide customers with the best possible service, so they have taken steps to ensure that their customer support team is always available to help you if you run into any issues while placing your bets.
You can place bets on any sport, from cycling to football. They also offer live in-running odds on each event, which means you can get an idea of the odds before you even wager!
Their live Streaming option allows you to watch your favorite teams compete live in real-time, making it easier to follow your favorite teams from anywhere.
3.6 1Win
1Win stands out as a premier online betting platform, boasting a diverse array of sports betting options and thrilling casino games. With a history of reliability, it enjoys the trust of a vast community of bettors.
Navigating the site is a breeze, thanks to its user-friendly interface and intuitive tools, simplifying the process of placing bets. Committed to delivering top-notch service, they ensure round-the-clock availability of their customer support team to assist you with any queries or concerns.
From cycling to football, https://1winonline.ci/ covers a wide spectrum of sports, offering comprehensive betting opportunities. Additionally, they provide live, in-play odds for each event, allowing you to gauge the odds before making your wagers.
The live streaming feature enables you to watch your favorite teams compete in real-time, enhancing the experience of following them regardless of your location.
How To Choose A Bookie For Cycling Betting
You’ve found a bookie that accepts bets on cycling, but you’re not sure what the odds are. How do you know which bookie is reputable and trustworthy?
The first thing you need to look at is the website. Does it have an official address, or is it hidden behind a generic domain name?
Are there any links on their website that point towards other sportsbooks? If so, are they legitimate or just clones of each other?
Next, look at the terms and conditions of the bookie. Are they clear and concise? Do they explain how to bet, withdrawals, and what will happen if there’s a problem with your account?
Are there any limits on how much money can be bet per day? Is there a minimum age requirement for placing bets?
You should also check out reviews from previous customers who have placed bets with this particular bookie.
These reviews will help you gauge whether this company is legit or not. They’ll also let you know whether or not they offer good customer service.
Conclusion
In the end, there are numerous options available. Although the choice is yours, don’t hesitate to let cost or convenience influence your choice. Remember why you want to bet on cycling, and choose an app that suits your needs.
I would probably use Betfred. It is the best betting app out there as it is easy to use, the game coverage, and their value bet section stands out!