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Betting on cycling can add a lot of excitement to any race or event. From the Olympics to the Tour de France, you have many opportunities for placing a wager and winning big money.
Just the same as all sports, there is a lot of research that goes into cycling betting. Before placing a wager, either online or at a land-based casino, you should complete the necessary research. This means focusing on details such as:
- Which cyclists are at the top of their game
- Where the race is taking place
- How each cyclist has performed in the past few races
With this research on your side, it becomes much easier to confidently place a bet on a bicycle race.
Where to bet on Cycling
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How to Bet on Cycling
Placing a cycling wager is straightforward. With outright betting, your goal is simple: select the cyclist who you think will win the race or event.
Sportsbooks place odds on each participant. For example, the cyclist favored to win a race may have odds of 5/1. This means that you can win $5 for every $1 you wager. If you wager $100, the potential return is $600.
On the flipside, there are underdogs who are not expected to win. However, this doesn’t mean you cannot bet on them. An underdog may have odds of 300/1, for example. With a bet on this cyclist, a winning outcome means a payout of $30,100.
Go Online to Get Started
If you have an interest in placing a wager on cycling, learn more about the benefits of doing so online. These include:
- Access to most upcoming races
- Access to detailed information (helping you make a decision on who to bet on)
Betting on cycling can be a lot of fun. It can also be profitable if you choose the winner.