The Giro d’Italia or the Tour of Italy is one of the largest professional bicycle races and the first of the three Grand Tour races. The annual multiple-stage race is primarily held in Italy, with occasional routes through neighboring countries. The three-week tour is the oldest of the three Grand Tours, with the first Giro d’Italia being held in 1909. The below odds were last updated on September 18, 2020:
With 102 editions of the Giro d’Italia in the record book, is held annually with the exception of the two World Wars, we are lucky that the 103rd will indeed occur in 2020. Regularly, the Giro d’Italia is held in May and June each year - but the Giro d’Italia will be held October 3rd to 25th, 2020 due to COVID-19 pandemic.
The route changes each year, but the format of the race remains the same with the two time-trials and the passage through the Alps and Dolomites. Since the 1960’s the departure location changes each year and finishes in cities such as Verona, Brescia, Trieste, Turin, and Rome are more frequent year after year.
Each Giro d’Italia tour, riders complete stages - the rider’s times are compounded with their previous stage times. The rider with the lowest finishing time is the leader of the race and wears a pink jersey.
There are other skill contests within the tour, including the points classification for the sprinters, mountain classification for the climbers, young rider classification for those under 25 years old, and team classifications.
With such a renowned and historical tour, it’s quite obvious that sportsbooks jump at the chance of offering cycling odds for the Giro d’Italia. With the rescheduled 2020 event getting closer, we can look at the upcoming odds and see which riders are favored to win, what kinds of bets are available, and the top sportsbooks for betting on the Giro d’Italia.
Odds to Win the 2020 Giro d'Italia
The 2020 Giro d'Italia odds are now available, with the event due to take place on October 3. The odds are subject to change and were last updated on September 18, 2020:
2020 Giro d'Italia winners odds
It is common for the winner of the previous year’s Giro d’Italia to be at the top of the odds board or at least near the top - and we have Richard Carapaz tied for first with +250. Vincenzo Nibali is a multiple Giro d’Italia champion and will be a good rider to keep an eye on.
How to Bet on the Giro d’Italia
The first step to starting your Giro d’Italia betting strategy includes learning the popular betting options for cycling and learning how they can be used during the Giro d’Italia.
Popular Giro d’Italia Betting Options
If you head to the cycling section on your favorite online sportsbook, you may see some different betting types you may not particularly be familiar with if you’re used to the regular moneylines, totals, and spreads.
Giro d’Italia Futures
As you see listed above, there are always Giro d’Italia futures available, and essentially what you’re betting on is the outright winner of the tournament - or the general classification winner.
This includes a list of the riders participating, with the riders that are most likely to win at the top. Futures have higher odds than a regular bet because it’s a much riskier bet to place as there are so many different outcomes that could occur.
If you feel that Jakob Fuglsang is a good choice you could get some great value at +600, rather than picking Carapaz who is at the top of the oddsboard at +250. A $100 wager on Fuglsang would pay out $700, while a $100 wager on Carapaz would only pay out $350.
As soon as an event is announced, you can likely find Giro d’Italia futures and place your wagers months in advance and find some real value - if you choose correctly of course.
Top 3 Finish
The top three finish wager allows a small margin of error if you aren’t sure that your favorite cyclist will win the GC (general classification) outright wager. If you aren’t sure if they’ll win overall, but could do very well at the Giro d’Italia and may place in the top three, you can place that wager with reduced odds. This can be a fantastic option as your rider only has to place in the top three for your bet to cash.
Top 10 Finish
This Giro d’Italia betting type is the same as the top three finish above, but you get even more reduced odds and your rider just has to place within the top ten.
You can bet on the top rider for each stage of the tour, as it occurs in multiple stages. Some riders excel in certain routes or terrains so it can be a great value (not to mention more entertaining) to bet on the stages of the Giro d’Italia. Each stage will have odds, so it makes it easier if you know the rider’s style. If a rider is a climber, and better in mountain terrain - they’d be a great pick for the stage that includes the passage through the Alps.
Past Giro d’Italia Champions
- 2019 - Richard Carapaz (Ecuador)
- 2018 - Chris Froome (UK)
- 2017 - Tom Dumoulin (Netherlands)
- 2016 - Vincenzo Nibali (Italy)
- 2015 - Alberto Contador (Spain)
- 2014 - Nairo Quintana (Colombia)
- 2013 - Vincenzo Nibali (Italy)
- 2012 - Ryder Hesjedal (Canada)
- 2011 - Michele Scarponi (Italy)
- 2010 - Ivan Basso (Italy)
Top Online Sportsbooks for Betting on The Giro d’Italia
Obviously there won’t be as many betting options as any of the North American professional sports, but betting on the Giro d’Italia or any of the other Grand Tour cycling events will be fun and exciting - especially if you already plan to watch the event over the three week period. Betting on the Giro d’Italia can provide some great opportunities to make a little extra betting money during the NBA and NHL playoffs - so why not?
Finding a sportsbook that offers cycling odds should be your main priority because not all sportsbooks offer the same odds. You may find a sportsbook that looks great but doesn’t offer cycling odds, or you may find a sportsbook that offers cycling odds and they don’t have the deposit option you want.
Reading subjective sportsbook reviews can help prepare you for betting on the Giro d’Italia and the other Grand Tours like the Tour de France and Vuelta a Espana. We have a great selection of sportsbook reviews and only recommend the top online sportsbooks in the industry.
Choosing an online sportsbook can be a better option even if you have legalized sports betting in your state. They offer more odds selection and are convenient because you can bet from just about anywhere and never have to visit a casino or tavern.
Betting on the Giro d’Italia online is fun and exciting, as long as you’re betting responsibly.