BikeBet is pari-mutuel betting on criterium bike races. Currently all wagers are in fantasy dollars, which means there’s zero risk for players because it’s free. That’s right, free.
Sound too good to be true … here’s how it works:
All wagers are fantasy wagers. Players receive a set amount of fantasy dollars to place pool wagers on their favorite riders prior to each race. Mock wagers can be placed online at www.bikebet.com on your computer or PDA.
How to Play:
Select the individual rider*
Select the amount of fantasy dollars you would like to wager on the individual rider
Select wager type:
- Win - rider comes in 1st place
- Place - rider comes in 1st or 2nd place
- Show - rider team comes in 1st, 2nd, or 3rd place
*In the case of late entries, the start list posted on BikeBet.com will serve as the official start list for the purpose of the BikeBet game.
A computer program figures out the total fantasy dollars in the pool and how much has been wagered on each individual rider; it then assigns odds to the riders and teams letting the bettor know how much will he or she will win should their picked rider win. Riders with the most fantasy dollars wagered on them are the favorites and have the lowest odds. As more participants place their fantasy wagers the odds will change. To win the fantasy wagering contest, participants will have to weigh the amount and type of wager they make with the riders they pick.
Information on teams and racers is available here
Winners take home great prizes like gear, clothes, trips and much more!
Where to Bet
Can't make it to the race? no problem! Just click the race you want from the options to the right and make your fantasy bet online, from your computer or PDA. After the starting gun, no wagers will be accepted.
How to Pick
In pari-mutuel gaming, knowledge is king and BikeBet has the skinny on teams and riders racing: who’s hot and who’s not, experience level, prior results, etc. Players can better their chance of winning by making educated choices that can turn into big prizes.
There are big prizes up for grabs. (In the event of a tie among players, a random drawing will be held to determine the winner.) |