Canada
Cycling betting
Cycling is a popular sport around the world and millions of fans are watching major competitions in France, Spain and Italy. Although betting on cycling is not the most popular betting type, it is possible to try it out in many online casinos, including OlyBet online casino.
Cycling covers various disciplines from indoor sprinting to month-long tours. Road racing is the most popular professional form of bicycle racing, in terms of numbers of competitors, events and spectators. One of the most famous road races is the Tour de France. In addition, well-known competitions are held such as the Giro d’Italia and La Vuelta in Spain. These are the events sports bettors are looking out for.
Before placing a bet, you should remember to never do it randomly. It’s important to put some research and due diligence behind every bet. Nowadays, reputed sports betting portals not only offer excellent odds on different possibilities, they also provide expert betting advice on all the well-known cycling events that happen in different parts of the world.
Different types of bets and odds in cycling
As can be expected in any sports event, cycling also features a comprehensive range of bet types. Betting on potential winner is the most popular option, but some of the less popular options are predicting the race winner’s nationality, guessing the winner of a certain stage of the cycling race etc.
Tips for making successful bets
The best way to succeed in betting on cycling is to look for the best odds for several betting offices for a particular competition. The focus should also be on updating cycling knowledge. It is important to review the information of all teams and cyclists, their previous background etc. This is useful advice that should be followed by both novice and experienced sports bettors.
In addition, the following tips will help you make a successful bet:
- Take the time to research both the men’s and women’s divisions to find out the top 10 cyclists
- Keep up to date with the latest cycling news, including when tournaments are scheduled, where they are scheduled, and who are participating
- Before placing a bet, take the time to investigate the weather and the injuries of the cyclists
- Listen to or read interviews with cyclists to improve your knowledge
- In-game bets can be used to hedge bets and reduce risk
What are the common cycling bets?
If you’re new to betting on cycling, you might not be sure about all the different bet types available. Here are some of the most common and popular cycling bets in the industry.
Race Winner: If you’ve got a hunch about which cyclist will win a race, you can place a bet on them.
Top 3 Finish: If you think a cyclist has a good chance of finishing in the top 3, you can place a bet on them. As long as your selected cyclist finishes in third place or better, you’ll win.
Top 10 Finish: Similar to the top 3 finish above, a top 10 finish expands things even further.
Stage Betting: Besides just betting on the overall winner of a cycling race, you can also wager on the winners for individual stages.
Futures Betting: With this bet type, you can bet on things like the winner of a race well before it happens. This type of bet is risky, but can be very profitable.
King of the Mountain: Many of the cycling races, including the Tour de France and Giro d’ Italia, have mountain stages. For these races, a King of the Mountain award is given to the cyclist that’s the best overall climber of the competition.
Young Rider Betting: This type of bet offers you the ability to bet on young cyclists in different events. Typically, you’ll be choosing which rider under the age of 25 you believe will earn the most significant number of points throughout a race.
Canada
ComeOn Group adds sportsbook to its offering in Ontario
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
Canada
Relax Gaming joins forces with PointsBet to strengthen footprint in Ontario
Relax Gaming, the iGaming aggregator and supplier of unique content, has significantly enhanced its presence in the Ontario market through an agreement with leading Canadian operator, PointsBet.
This partnership reinforces Relax Gaming’s aim to become a standout provider across North America, having already gained early success in Ontario. Relax became one of the first suppliers to deliver content to the region’s players in March 2022, debuting with over 120 games across multiple operators.
PointsBet pride themselves as one of Canada’s leading operators offering unmatched speed, ease of use, and a comprehensive array of pre-game and in-play sports betting options. This is complemented by a top-tier online casino which will now be boosted with the integration of Relax’s portfolio of slots and live dealer options.
With its authentic Canadian approach, PointsBet prioritises technology that minimises external dependencies to maintain control over its platform and has a commitment to responsible gambling best practices, ensuring a safe and secure environment for all players.
Martin Stålros, CEO at Relax Gaming, said: “Since we launched in Ontario we have enjoyed tremendous success, with our content hitting the sweet spot for the broad range of players in the Canadian province. This partnership with PointsBet will strengthen our presence in the market as the region’s leading operator integrates our rich content portfolio which will engage its player base.”
Scott Vanderwel, Chief Executive Officer at PointsBet, added: “Relax Gaming has established a strong reputation across North America and in Ontario in particular. The impressive range of content that will be integrated into our platform will increase engagement within our online platform and we are delighted to be able to provide more immersive experiences to our audiences.”
Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.
Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.
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