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Any sport can be wagered on. The sport of cycling is global with local events, to corporation events, to the widely know Tour de France.
Before laying any money down, do some research at a site such as wcrpalmares.org. A player needs to become familiar with the sport of cycling, and know information about the athletes involved such as past performance, injuries, typical patterns of competition, and how their training went before the race. This information narrows the field of who to bet on, and lets a player focus. The following are some ways on how to bet:
- Simple bet – A simple bet is where a player with another individual or small group simply states that if such a player wins they will put into the pot a set amount of money. All put in and when the winner is announced that player gets the whole pot.
- A pool bet – A pool bet often occurs at work. A trusted person will start a pool with a list of parameters such as who will be the winner, or who will be ahead in a certain part of the race. The parameters in the pool will have varying amounts of money attached. There are often multiple winners in this type of betting.
- Online betting – Online betting is formalized. It gives statistics on players, past performance, and a prediction in number form called “the odds” on who will win. A player has choices on types of bets such as head-to-head, or parley bets. Bets are placed online and money is paid through an account whether a player attends the event or not.











