Outright Winner – Place a straight up bet on the cyclist who you think has the best chance of winning the race overall, no questions asked.
Each-Way Bet – You can bet on a rider to win and place (an each-way bet) and this bet consists of two separate wagers: the win bet and the place bet (a placing of first, second or third), so you are laying down double the amount you would of a regular outright wager. The odds paid on the place bet are often displayed as fractions (1/2, 1/3, 1/4 or 1/5) of the win odds. So for example, if Cyclist A has odds of $8 to win the Tour de France and a bookie offers 1/4 odds for the place, then Cyclist A would be paying $2 to place. If your cyclist wins the race, you claim both the win bet and place bet. If your cyclist comes second or third you claim just the place bet, and if he/she fails to place in the top three, you lose both wagers.
Stage Betting – The Grand Tours, as mentioned before, are divided up in to 21 stages and you are able to bet on who you think will win individual stages of the race.
Exotic Bets – Events take place over the course of multiple days in cycling so an exotic bet (a bet which does not directly influence the final result, also known as prop/novelty bets) might include a cyclist’s result over the course of just one day, or even one lap. Exotic bets draw punters in because of their tempting nature and high odds but are risky and probably not the best way to make a steady income. You can certainly win big, however.
Multi Bets – You can wager several outcomes as part of one overall bet. You might want to multi four individual cyclists in to a top-five bet, or seven different cyclists in to a top-ten bet. The more single bets you combine for your overall multi bet (each single bet is known as a leg), the higher the payout will be. But just one wrong outcome will see you lose the entire wager, even if you get all other legs correct.
Tour de France – The Tour de France is the biggest and most captivating event in cycling and always makes for compelling and absorbing viewing. Held primarily in France while also passing through nearby countries, it is a major draw-card for new cycling fans and not only can you follow the entire event over the 23-day period, but you can track each individual heat every day. Riders cover around 3,200 kilometres in total.
Giro d’Italia – This race takes place over three weeks where riders race all across Italy and pass through nearby countries too. It is regarded as one of the most scenic and famous cycling races in the world, along with the Tour de France. The event began primarily with Italian participators but now features riders from all over the world and while the route changes each year, what remains constant is the passage through the mountains of the Alps and the finish in Milan.
Vuelta a España – Also held over the usual three week period, the Vuelta a España showcases much of the country of Spain and was inspired by the success of the Giro d’Italia and the Tour de France. Another key race for cycling punters, this event was first organized in 1935 and the peloton has expanded from primarily Spanish participation to participation of international riders.
Consider the following when betting on cycling:
Weather Conditions – Weather again will impact cyclists across the event. Tough to know what the weather is going to be like for an entire three-week stretch but if you lay a bet down for a specific stage of the race, it is helpful to know whether it might rain over that period.
History of Riders and the Track – It’s worthwhile checking the history of cyclists over the three different Grand Tours to see how they have fared in those previous events. All cyclists handle steep hills, flat stages, mountains and high-altitudes differently, some better than others.
Team Tactics – Cycling is a team sport where cyclists ride in unison and tactically for points and stage wins to achieve the best results.
Money Management – Grand Tours are lengthy events and you don’t want to slap down all your bets at once only to find out that by the end of week one, you stand to win none of your wagers. Bet sparingly on stage winners and set yourself up to stay in cycling betting for the long haul.