Tour de France betting odds FAQ
As the biggest cycling event every year, there is a multitude of ways to bet on the Tour de France. First, you need to meet the legal requirements to bet on Canadian sportsbooks.
These requirements include being over 18 years of age, having a legal Canadian address, an email account and have a form of payment the online sportsbooks accepts. The next step is understanding the different markets available for betting.
Futures markets (who will outright win the Tour de France, Man of the Mountain and overall points leaders) make up the most popular section. Bettors can also find odds on winners of individual stages as well as some specialty cycling props.
As well as that, bettors will have the chance to wager on specific stages. The odds for stages are often quite favorable, especially if you know the strengths and weaknesses of the top riders. As such, it’s worth checking out betting information for the most up-to-date info from cycling experts. You can find very specific info, such as Tour de France stage 6 betting tips. Check it out!
Finding Tour de France betting odds should be a straightforward task for most Canadians. As the most esteemed cycling race, drawing in a global audience, every online sportsbook should offer Tour de France betting odds.
Odds for the event should be in the cycling section of the online sportsbook.
If their website does not have an easily indefinable cycling odds menu, then using their search menu (and typing in Tour de France odds) should redirect you to the correct place to bet on the competition.
Betting on the Tour de France is legal in Canada.
Canadians are allowed to use online sportsbooks freely as they do not house their headquarters in Canada and therefore, can offer Canadians the option to bet on single events.
While not every online sportsbook is in the Bitcoin betting business, the ones that currently accept Bitcoin as payment do not limit the sports Bitcoin users are allowed to wager.
Click here to see all sportsbooks which accept Bitcoin.
While PayPal is a large global company with a strong foothold in Canada, many online sportsbooks available Canadians do not accept PayPal as a form of payment.
The few that do accept PayPal as a form of payment usually have their headquarters somewhere in the United Kingdoms.
If you want to bet using your PayPal account, William Hill is a recommended online sportsbook.
Visit our PayPal page to see all bookies which accept this deposit method.
Depending on the type of bet you wish to make will determine when betting odds are available. The first betting option to open for wagering is the futures market, with the overall winner of the entire race opening before anything else.
The rest of the futures (Man of the Mountain, points leaders and the winning team) will open closer to the start of the event.
Prop bets on stage winners do not usually open until the prior stage of the Tour de France is complete for the day (although some betting props on the famous Mountain stages can open a little earlier as they drew in more betting action than the other stages).
The quickest and easiest way to compare odds on the Tour de France is to check out our Tour de Frances odds homepage.
On this page, bettors can find live odds on the Tour de France winners from multiple of our highest rated partners. There can they find the best odds on the riders they want to bet will win.
The mains types of odds available on the Tour de France are futures markets and stage bets.
Futures markets make up bets on who will outright win the Tour de France, the overall leader in points, Man of the Mountain (cyclist to have the best overall time in the mountain stages) and team with the best total time.
Stage bets make up what cyclist will win each stage and some specialty cycling props on time during the time trials and performance during the climbs.
Betting on the Tour de France is done by picking winners of the overall competition or certain stages. Odds reflect a rider’s chance of beating the rest of the field in a stage or the entire competition.
To bet, pick a rider and wager an amount on them to win the event. Some online sportsbooks offer each way bets that payout if a rider finishes within the top three (or five) and will payout again if that rider also wins.
Futures on riders to win cannot be parlayed. However, some bettors may opt to place multiple bets on different riders to win the Tour.
There are three primary criteria for why online sportsbooks will adjust their Tour de France betting odds. The first is an injury. When a rider is injured, odds on the winner change.
The higher up in the odds the rider was before the injury will mean a more considerable overall change in odds.
When Chris Froome, who opened most 2019 Tour de France futures markets as the favourite, injured his leg before the start of the events, odds were quick to adjust.
The other factors are condition and Tour performance. When conditions (whether it is road, weather conditions or significant changes to the field) change, online sportsbooks change their odds to reflect better what riders are gaining or losing advantage.
The last is current perform. If the rider who opens with the third best odds to win the event sits in 47th place after ten stages, then he is going to see a significant drop in his odds of winning the whole race.
Tour de France odds work by providing the perceived odds a rider will win. Odds take into account the quality of the rider, the strength of his team and route of the race.
Bettors can make picks on who will win the overall race or win a specific stage. If odds on the favourite to win are 3.5, then betting $100 will pay $350 if correct.
Depending on the online sportsbooks you use will determine who sets their Tour de France odds. Sharp online sportsbooks (the ones that open odds first) usually have a team of dedicated bookmakers set their betting lines.
Square sportsbooks base their odds off the biggest sharp online sportsbooks and betting lines set in Vegas. They will adjust their lines when sharps or Vegas make noteworthy changes.
They can also adjust their own lines if the public is hammering certain bets, and they need to change odds for profitability purposes.
As our best-reviewed online sportsbooks understand the diversity of Canada and its sports market, they are our top choice for the best Tour de France odds.
Checking out our online sportsbook review section will direct Canadians to the best odds for betting on the Tour de France and other sporting events.
While riders in the Tour de France work as a team to win, betting on the Tour de France is much closer to betting on an individual competition.
Since it is considered very individualistic (as only one rider can win a stage or lead in points) reading and understanding Tour de France odds is straightforward.
Odds in decimal format represent a rider’s riding abilities, how well he works with his team and his chances of winning the event or stage.
Riders with decimal odds or 2.0 to 10.0 are considered the favourites. The moderate underdogs range from 10.01 to 49.99, and the heavy underdogs are anything at 50.0 or higher.
There is not much a bettor can do if Tour de France odds change after they place a bet.
However, odds changing is just as much of an advantage to a bettor as it a disadvantage.
Betting early on an event like the Tour de France may offer better odds as the field is at its largest and online sportsbooks need to account for 160 riders racing.
However, not everyone wants to deal with odds changing (especially on a team-focused bet such as the team to finish the race with the best overall time).
To avoid the risk of odds adjusting, bettors should wait until it is closer to the start of the Tour. This strategy allows bettors to avoid the risk of riders withdrawing from the race due to injuries or other reasons.