Cycling Futures Betting
"Cycling Futures" - Cycling is a popular international sport, but it doesn’t get a whole lot of online betting action. However, one type of cycling bet at cycling betting sites that is popular is the cycling futures bet. In this bet, you attempt to pick the winner of upcoming cycling events. Make the right pick and you’ll win a substantial payout.
Best Cycling Betting Sites For Futures Bets
How Cycling Futures Betting Works
Cycling futures betting online is similar to futures betting in any other sport. To place cycling futures bets, you first need to find a betting site that supports cycling betting. Not many betting sites do, but we do know of a few. You can find out more on our cycling betting sites page.
Once you have a cycling betting site picked out, you can place a futures bet by logging in and visiting the cashier area of your account. This is the place where you can make deposits and get your account funded for real money cycling betting. After you have that out of the way, you can get to betting.
Inside the cycling betting section of your betting site, you will find a list of bets and their associated odds. Most of these bets are futures bets because they deal with picking the winners of tournaments. Here’s what a basic cycling futures bet looks like in action:
Tour de France – Winner
- Andy Schleck 7/10
- Frank Schleck 11/1
- Ivan Basso 11/1
- Denis Menchov 13/1
- Vincenzo Nibali 16/1
- Cadel Evans 18/1
In reality, there will be a much longer list of cyclists at top sports betting websites but we’ll keep it short since this is just an example. Andy Schleck is a major favorite to win the Tour de France so his payout odds are only 7/10. This means you will have to wager $100 for every $70 in potential winnings if you want to bet on him.
As we move down the list, the odds get progressively better. This is because the other cyclists are considered long shots. The betting site in this example is willing to pay more because they do not expect to get much action on those cyclists. If you place a $100 bet on Denis Menchov and he wins, you will be paid $1300.
Cycling Futures Betting Strategy
Bets on the number one contender are rarely worthwhile over the long run. Even the best cyclists in the world are not guaranteed to win any single tournament. Betting sites make the odds for these cyclists much lower than they should because the betting sites know that people will bet on those cyclists regardless.
The main thing to remember for profitable cycling betting is that homework pays off. If you take the time to research the sport and collect data on the top cyclists, you’ll learn how to spot value rather quickly. Cycling betting is not extremely popular, so most of the best betting sites tend to pay less attention to setting the odds for cycling. That makes it easier for you to find profitable bets.
It also never hurts to shop around for the best cycling bets. We know of a few different betting sites that offer cycling. If you do your research and come up with a pick for a specific event, check around a couple of different betting sites so you can get the best odds for your cyclist.