Best Cycling Betting Sites in Canada 2023

This guide provides all the information you need for cycling betting with sportsbooks in Canada. We will focus on road racing for men, including the three Grand Tours: Giro d’Italia, Tour de France and Vuelta a Espana, and cycling at the Olympics. The article features live cycling betting and betting tips for the sport and lists the top 10 cycling sites in Canada as well as where you can find the best sign-up bonuses.

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The Best Cycling Betting Sportsbooks List

After much research, we have put together a top 10 ranking for the best cycling betting sportsbooks in Canada which includes several of the best new sportsbooks in Canada:

  1. Powbet – Overall Best Cycling Sportsbook in Canada
  2. STS – Excellent Site For Cycling Live Betting
  3. Bodog – Top Sportsbook For Grand Tour Odds
  4. Leon Bet – Leading Bookie For Olympics Cycling
  5. N1Bet – Good Choice For Tour de France Betting
  6. Betstorm – Top Coverage Of The Cycling World Championships
  7. Tebwin – Good Race Winner Betting For Major Events
  8. Cazimba – Pre-Eminent Giro d’Italia Operator
  9. BetVictor – Outstanding Vuelta a Espana Betting Service
  10. Sports Interaction – Good Site For BMX Betting

Best Cycling Betting Sites Reviewed

We now provide short reviews of the top 5 cycling betting sites in Canada:

1. Powbet – Overall Best Cycling Sportsbook in Canada

powbet bonus selection

We have no hesitation in making Powbet our number one cycling betting site for residents of Canada. The operator has won the race to come first in our list due to its all round cycling betting service. That service includes numerous cycling bets, especially for the three Grand Tours and Olympics, which are the biggest events in road racing and other forms of the sport.

However, even before you start betting, as a new customer you are eligible for a decent welcome offer. This comes as a 100% matched deposit bonus with a maximum value of $150. The offer does include wagering requirements of 5x the total of the bonus and qualifying deposit. There are odds restrictions of 2.0 or bigger for singles and 1.5 or bigger in parlays. Its useful that Powbet is one of the best parlay betting sites in Canada.

Another positive is the loyalty offers which can help you with your cycling bets. There are few accumulator opportunities in cycling but you can take advantage of the 10% Acca Boost up to $150,000 with other sports. However, the 10% Cashback up to $200 is an excellent concession when you bet on any sport, including cycling, on the website and cycling betting app.

Pros:

  • Generous welcome bonus.
  • 10% Acca Boost and Bonus Cashback.
  • Good value in cycling odds.
  • 24/7 Live Chat.

Cons:

  • No telephone customer support.

2. STS – Excellent Site For Cycling Live Betting

stsbet welcome bonus

All our top cycling betting sites offer an in-play platform for cycling. However, we believe STS stands out when it comes to live betting on cycling. Some stages of the Grand Tours, including the Tour de France, take up to eight hours to complete. Even so, STS constantly updates the odds from the start of the stage until it has been decided in the sprint to the finishing line or even later for a close finish.

However, STS is not a one trick pony. The site features betting on over 20 sports, including the most popular and more obscure. Obviously, STS has NFL, NHL, MLB and NBA betting well covered. The bookmaker is also strong for soccer. It offers betting from about 100 countries and many leagues and competitions. The Premier League in England and MLS generate most soccer betting interest on one of the best soccer betting sites in Canada.

Sports betting at STS is complemented by a transparent sign up offer that is achievable during the timeframes. The 100% matched deposit bonus with a maximum value of $300 must be wagered 5x in 7 days at odds of 1.8 or bigger. Current players are eligible for free bets linked to baseball and basketball and Acca Insurance on multiples with 5 selections or more that can include cycling.

Pros:

  • Excellent in-play product.
  • $300 welcome bonus.
  • Good coverage of North American sports.
  • Casino loyalty bonuses.

Cons:

  • Limited live streaming of sports.

3. Bodog – Top Sportsbook For Grand Tour Odds

Bodog bonus

We will provide more information about the main events in road race cycling later in this guide. These elite races are known collectively as the Grand Tours and take place in Italy, France and Spain. With the Olympics, they are the most popular cycling betting events. Bodog is the best sportsbook for markets related to each Grand Tour in those three countries in Europe.

However, cycling is just one of about 30 betting sports at Bodog. In addition to the excellent odds for the biggest races in the sport, the bookie also scores highly for their North American sports odds. So, players in Canada enjoy outstanding value in the odds for the following leagues: NFL (American Football), NHL (hockey), MLB (baseball) and NBA (basketball), and college matches in these sports. Bodog is a leading NFL betting site in Canada.

When Canadians register from their country with Bodog, they can claim a generous welcome bonus. It is a genuine 100% new player offer as the bonus has the same value as the first deposit and $400 is the maximum. The bonus is subject to wagering requirements of 5x but the Terms & Conditions do not mention minimum odds. However, it sits nicely alongside cycling betting on Bodog.

Pros:

  • Good option for cycling odds.
  • Betting on about 30 sports.
  • Mainstream and niche sports betting.
  • Welcome offer for a maximum of $400.

Cons:

  • Wagering requirements of 5x the bonus.

4. Leon Bet – Leading Bookie For Olympics Cycling

LeonBet welcome bonus

Cycling has been an Olympic sport since the first summer Games in 1896. We don’t know whether there was a bookie taking bets in Athens that year but we do expect Leon Bet to be a leading bookmaker for the road cycling events in Paris in 2024. There is a road race and Time Trial for men and women and Leon Bet should be at the forefront for betting on the Gold Medal winners.

Olympic cycling will get excellent coverage, both on the road and track, with Leon Bet. In the meantime, you can place wagers on about 25 sports with this brand. Tennis is huge on the site which means betting on the WTA and ATP tours, Challenger matches and International Tennis Federation (ITF) events. Tennis betting will be a good companion to betting on cycling at the Olympics.

However, new customers don’t have to wait until 2024 to activate the Leon Bet sign up offer. You can claim a free bet up to $100 when you place a bet for the same value so it is a 100% bonus. You have 7 days to use the free bet which must be placed at odds of 1.8 for singles and 1.8 for any one leg in a multiple. However, it is a good reason to register in good time for the Olympics.

Pros:

  • Leading bookmaker for Olympics cycling.
  • Pre-match betting on about 25 sports.
  • Welcome bonus free bet for up to $200.
  • Excellent payment options.

Cons:

  • Limited live betting product.

5. N1Bet – Good Choice the Tour de France Betting

N1bet welcome package

Golf has the Open Championship, tennis has Wimbledon and soccer has the World Cup. These are the events competitors crave the most but for professional cycling road racers the Tour de France is their ‘piece de resistance’ or the pinnacle of the sport. N1Bet has all the bases covered for the Grand Tour around France each July, in pre-Tour, live and stage outright winner betting.

N1Bet is a rare cycling betting site in that their welcome package is matched with the first four deposits. The total free bets of $750 are credited in stages and each free bet expires after 3 days. The odds restrictions are lenient as you can use the bonus on markets at 1.01 to 2.0. However, the bets carry the usual stipulation that any returns do not include the free bet stake.

In addition to cycling, players at N1Bet can place bets on about 30 sports. Soccer is huge for betting with this sportsbook, in particular the following main domestic leagues in Europe: English Premier League, French Ligue 1, Spanish La Liga, Italian Serie A and German Bundesliga. The site also has soccer markets for the UEFA Champions League, Copa America and World Cup Finals and qualifiers but is still amongst the top Premier League sportsbooks in Canada.

Pros:

  • Welcome package for $750.
  • Enhanced winning combos.
  • More than 30 betting sports.
  • Many markets North American sports.

Cons:

  • No telephone support.

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Top Cycling Sportsbooks Comparison

This table compares our top 10 bookies for several features:

Sportsbook Welcome Bonus Promo Code Live Betting Live Streaming Accepted Payment Methods
Powbet 100% deposit match up to $150 Not required Yes No Credit card, debit card, Paysafecard, Skrill, Neteller, Interac, ecoPayz, Postepay, Bitcoin, Ripple, Ethereum, Litecoin
STS 100% deposit match up to $300 Not required Yes No Credit card, debit card, Paysafecard, Skrill, Neteller, Interac, ecoPayz, Much Better, Trustly
Bodog 100% deposit match up to $400 Not required Yes No Credit card, debit card, Interac, Bitcoin
Leon Bet 100% risk free bet of $200 CA200 Yes Yes Credit card, debit card, Interac, MuchBetter, Neosurf, Ethereum, Tether
N1 Bet 10% free bet up to $300 Not required Yes Yes Credit card, debit card, Interac, MuchBetter, ecoPayz, Neosurf, Bitcoin, Ethereum, Tether, Dogecoin, Bitcoin Cash, Litecoin
Betstorm Get a $10 free bet with your first $10 bet Not required Yes No Credit card, debit card, Interac, Bitcoin, MuchBetter, Paysafecard
Tebwin Get a $10 free bet with your first $10 bet Not required Yes No Credit card, debit card, Interac, Bitcoin, MuchBetter, Paysafecard
Cazimbo 100% match up to $150 Not required Yes No Credit card, debit card, Interac, MuchBetter, ecoPayz, Neosurf, Infinity, Bitcoin, Ethereum, Tether, Dogecoin, Litecoin, Ripple
BetVictor 100% matched free bet worth up to $300 Not required Yes No Debit card, Credit card, PayPal, Neteller, Skrill, Paysafecard
Sports Interaction 100% match up to $500 Not required Yes No Debit card, Credit card, Interac, Paysafecard, MuchBetter, ecoPayz, Instadebit

Cycling Betting Explained

 

There are five main types of professional cycling that bookmaker’s cover on desktop and cycling betting apps:

• Track cycling indoors in a Velodrome
• BMX cycling on outdoor circuits.
• BMX freestyle.
• Mountain bike racing outdoors.
• Outdoor road cycling.

All five formats take place at the Olympics. There is a single-day Road Race and Time Trial for men and women at the Games. The Grand Tours take place over about three weeks and there are 21 stages. For example, the Tour de France begins with a Time Trial and there are several rest days.

The cycling World Championships feature a Time Trial and a one-day Road Race. The rest of the schedule includes minor tours and one-day Road Races. Our leading sportsbooks for cycling offer odds on all these types of event, in pre-race, live and outright winner betting.

The professional body for cycling is the Union Cycliste Internationale (UCI). This organisation stages the UCI World Cup Pro Tour, including the Grand Tours, minor tours and five one-day Classic races. So, there is cycling betting for real money during the Pro Tour that runs from February to October.

Team tactics are important in a Grand Tour. Each team has a leading rider, the most likely winner. The rest of the team work to give those cyclists the best chance to win stage races. So, when betting you should be aware that break-a-ways are designed to set up the stage for the top rider in a team.

Cycling Betting Odds & Lines

The most popular lines are for the outright winner of a stage or Tour. However, the Grand Tours feature other classifications. Hence, you can bet on the King of the Mountains and there are betting odds for the Point’s Classification which features sprints to intermediary finishing lines.

Outright winner cycling betting works in the same way as other sports. You can place win and each way bets on the winner of major races. The place terms are usually one fifth the win odds for 3 places. However, at some stage cycling sportsbooks will only accept win bets.

At the time of this guide in June 2022, Futures betting at Powbet for the Tour de France beginning on July 1 was as follows for the 10 leading contenders:

Tadej Pogocar -193
Primoz Roglic +280
Jonas Vingegaard +560
Daniel Felipe +1100
Aleksandr Vlasov +1900
Enric Nicolau +2900
Geraint Thomas +2900
Adam Yates +3400
Wout Van Aert +3900
Jack Haig +4900

These odds will change before and during the Tour but they are a good illustration of an outright winner market. You can also bet on a cyclist to finish in the first three at the place odds that apply. Once the Tour begins, the winner market is updated in running and at the end of each stage.

Cycling Betting Markets

The Tour de France is the most popular event for cycling betting and bettors located in Canada can place bets in the following markets on cycling betting sites and cycling betting apps:

• General Classification (fastest time).
• King of the Mountains (fastest climber).
• Point’s Classification.
• Race head-to-heads.
• Race winning time.
• Stage winner.
• Stage head-to-heads.
• Stage winning time.
• Number of race finishers.
• Winning team.
• Nationality of the winner.
• Finishing position of selected riders.
• Rider Props.
• Team Props.

The Tour leader wears the famous Yellow Jersey (Maillot Jaune in French). Bettors should note that the final stage into Paris is usually not competitive in terms of the General Classification. That means the race winner wears the Yellow Jersey at the finishing line on the Champs-Elysees. He has also been known to be holding a glass of champagne in the final stages of the gruelling race.

Cycling Futures Bets

Cycling Futures bets are markets for the outright winner of an upcoming race. They are known as ante post bets in other countries and are mainly associated with horse racing in the UK. That means you could have a Futures bet on the winner of the Derby or Grand National. However, in cycling the most popular Futures bet is on the winner of the Tour de France.

Futures bets are different to match bets as the market usually includes all the riders in a race. You can place win or each way Futures bets but you should know that if your backed rider withdraws and doesn’t take part in the Tour de France, it is generally settled as a losing bet. Match bets are head-to-head bets between two riders and both must start the race or the bet is void.

Biggest Cycling Events to Bet On

The biggest cycling betting events with sportsbooks in Canada are as follows:

  • Giro d’Italia in May with 21 stages including Road Race stages and Time Trials.
  • Tour de France in July with 21 stages including Road Race stages and Time Trials.
  • Vuelta a Espana in August and September with 21 stages including Road Race stages and Time Trials.
  • Olympic Games in July and August 2024 in Paris with a Road Race and Time Trial.

Cycling Free Bets

Here are several types of cycling free bets that you can claim on betting sites and cycling betting apps:

Matched Deposit

Matched deposit free bets are related to a deposit which is often the first deposit which qualifies the new user for the welcome bonus. The free bet amount depends on the qualifying deposit. So, with a 100% matched deposit free bet, the value of the deposit equals the free bet.

Risk Free Bets

When a bookmaker gives you a risk free bet, you can usually select the market. Therefore, you can place a bet on the winner of the Tour de France, mountain stage and other stages without risk. However, the free bets stake is not included in any returns from the free bet.

No Deposit

A no deposit free bet does not require a qualifying deposit. The sportsbook could issue a free bet for a specific sport or event. That means you could receive a free bet for the outright winner market for a Grand Tour without depositing betting funds.

The following table focuses on the best 5 bookies, displaying the bonus, promo code and minimum odds:

Sportsbook Welcome Bonus Promo Code Min Odds
Powbet 100% deposit match up to $150 Not required 1.5
STS 100% deposit match up to $300 Not required 1.8
Bodog 100% deposit match up to $400 Not required 1.01
Leon Bet 100% risk free bet up to $200 CA200 1.8
N1 Bet 10% free bet up to $300 Not required 1.01

Live Cycling Betting

All our top 10 cycling sportsbooks offer live betting on the major events, including the Grand Tours and Olympics. You can bet on the outright winner and stage winner during the race. However, bookmakers may suspend live betting after a key event. This could be a significant withdrawal or a major break-a-way. The site and cycling betting app will display the odds again after a short delay.

The cash out facility enhances cycling live betting. Its objective is to take a known profit or limit the loss before the final outcome. For example, your outright winner selection could build up a substantial time lead in a Grand Tour so you could close the bet before expiry. However, the cash out value depends on the current betting and the odds and stake of the original bet. You can also cash out on hockey on the best NHL betting sites in Canada.

Cycling Sportsbooks with Live Streaming

A number of our cycling sportsbooks offer live streaming of selected events. These might not include the Grand Tours or Olympics due to TV contracts with broadcasters. In this case, there is often a visual display of the race and pre-race and live race data and statistics.

Is Cycling Betting Legal in Canada?

All the top 10 cycling sportsbooks are legally licensed and regulated to offer betting on cycling for players located in Canada. Cycling betting is legal on bookmaker websites and cycling betting apps.

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Banking at Cycling Sportsbooks

The table below shows the banking options with our top 5 cycling betting sportsbooks and cycling betting apps:

Sportsbook Accepted Payment Methods Deposit Limits Withdrawal Times
Powbet Credit card, debit card, Paysafecard, Skrill, Neteller, Interac, ecoPayz, Postepay, Bitcoin, Ripple, Ethereum, Litecoin Min: $10

Max: $10,000

0-7 business days
STS Credit card, debit card, Paysafecard, Skrill, Neteller, Interac, ecoPayz, Much Better, Trustly Min: $10

Max: $20,000

0-3 business days
Bodog Credit card, debit card, Interac, Bitcoin Min: $10

Max: $5,000

0-15 business days
Leon Bet Credit card, debit card, Interac, MuchBetter, Neosurf, Ethereum, Tether Min: $1

Max: $14,500

0-5 business days
N1 Bet Credit card, debit card, Interac, MuchBetter, ecoPayz, Neosurf, Bitcoin, Ethereum, Tether, Dogecoin, Bitcoin Cash, Litecoin Min: $30

Max: Varies by user

0-7 business days

Tips for Cycling Betting

Here are the 5 top cycling betting tips:

1. Study the route and establish how much of the race is in the mountains or on the flat.
2. Check out any injury news regarding significant riders.
3. Examine recent results, especially for the Grand Tours.
4. Focus on a small number of markets which are manageable.
5. Devise and maintain a staking plan.

If you follow these tips, you have a better chance of beating the bookie with your cycling betting. A number of these tips apply to boxing and our top 10 list includes several of the best boxing betting sites in Canada.

How to Bet on Cycling in Canada

As part of this guide, we have revealed the best welcome bonuses with the top cycling bookies in Canada. We now present a step-by-step guide to betting on cycling at Powbet:

Step 1: Register

Visit the Homepage and click ‘Play Now’. Select your bonus and specify a Username and Password. In the event of forgetting your Username or Password, Powbet will send you a link by email to reset one or both of these login details.

Powbet welcome bonus

Step 2: Enter Details

You must then enter personal, banking and account details and submit your application. This involves confirming you are the legal age to bet in Canada which is 18 or 19, depending on the province, and accepting Powbet’s Privacy Policy and Terms & Conditions.

Powbet registration

Step 3:Deposit Funds

Deposit the minimum amount or more using one of the methods and providers at Powbet. The sportsbook offers many options for funding your betting account and the deposit procedure takes just a few minutes before you can bet.

Powbet banking

Step 4: Place Cycling Bets

Navigate to the cycling lobby and select the market for your cycling bet. As you add selections to the BetSlip, Powbet displays more betting options. So, you specify a single, multiple or system bet, enter the stake unit and place the bet. You follow the same procedure for basketball on one of Canada’s leading NBA betting sites.

Tour De France Odds

The registration and bet placement process with Powbet is seamless and can be completed with little delay. This is important if you have seen a good cycling betting opportunity but the odds can change. Futures betting is generally fixed but there are constant odds changes during a live cycling event. So, you want to avoid any issues joining Powbet and betting on cycling. The same applies for Formula 1 at Powbet which is a top F1 betting site in Canada.

Conclusion

Our thorough review of cycling betting sportsbooks ends with the conclusion that Powbet is the number one betting app and betting site in Canada for cycling betting. The bookie displays a good range of bets in pre-race, live and Futures markets.

The cycling betting service sits alongside a generous sign up offer and loyalty promotions. There is betting on about 30 sports and measures available for banking, customer support and gambling responsibly. In fact, Powbet is an ideal destination for cycling betting.

FAQs

Here are the answers to several Frequently Asked Questions about cycling betting:

How do you make money betting on cycling?

Is cycling legal to bet on in Canada?

What is the best Canadian sportsbook for cycling betting?

How do I bet on cycling?

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