Giro d’Italia Betting 2023 – Latest Giro Odds, Tips and Best Bets

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Last Updated on: 30.05.2023

As the event that kicks off the three major Grand Tours in cycling, the Giro d’Italia marks an important place in the sport's calendar. Find out everything you need to know in our Giro d’Italia betting guide, including the latest odds, predictions, and tips!

Race Structure for Giro d'Italia

The Giro D’Italia consists of 21 – or sometimes 20 – different stages which make up one entire, gruelling route through Italy’s stunning scenery. Taking in towns, cities, countryside, mountains and sometimes the coast, the race tests its riders in all manner of conditions. The race also include a time trial under five miles, as well as two or three rest days intended for the riders to recover.

The race has three different types of stages: mass-start stages, individual time trials, and team time trials. On 14 occasions, the race has started in foreign lands with Monaco, Belgium, Greece, France, Netherlands, Denmark, the United Kingdom (Northern Ireland), Israel, and now Hungary all hosting the Grande Partenza, as well as microstates situated within Italian borders, such as San Marino and the Vatican City.

Best Betting Sites We Recommend for the Giro D'Italia

Betfair logo
  • Exchange app with live streaming for cycling
  • Highly competitive odds for Giro d’Italia
  • Bet £10 and get £30 free bet

New customers place £50 worth of bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100. Min odds 1.2 (1/5). Multiple bets included. Exchange bets excluded. Payment restrictions apply. T&Cs apply.

  • Multinational live streaming in 100 countries
  • Vast live betting options for cycling
  • £40 Cashback if your first bet loses + £10 casino bonus

18+ New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit for full T&C's.

  • Live cycling betting markets
  • Live streaming with commentary
  • Bet £10 and get £40 BONUS - Promo code WELCOME40

New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required Full T&Cs apply. #ad

William Hill
  • Extensive range of cycling bets
  • In-play insurance option
  • Bet £10 on cycling and get £30 in free bets

18+. Play Safe. New customers using Promo code H30 only, Min £10/€10 stake,  min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after  settlement of first qualifying bet, free bets will expire 30 days after  the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below. #ad

  • Some of the best Giro d’Italia odds
  • Generous betting offers
  • Bet £10 on cycling and get £30 in free bets

18+ - Offer for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and Full T&Cs apply. Registration Required. #ad

Giro d’Italia 2022 Preview

The 2022 Giro d’Italia will mark the 105th edition of the event, with the Grande Partenza set to be hosted in Budapest. The race begins on Friday 6th of May, while the final stage will be an individual time trial on the Torricelle Circuit, which will take place on Sunday the 29th of May.

The tour will spend three days in Hungary before heading south to Sicily, and then travel north to Verona for the final stretch. In total, there are 21 stages spread over 23 days.

Two riders to look out for include Richard Carapaz and Tom Dumoulin, who each have a victory under their belts in 2019 and 2017 respectively. Another top contender at this year’s Giro is Simon Yates, who is looking for his second Grand Tour title after winning the Vuelta a España back in 2018.

Besides these veterans, be sure to keep an eye on top contenders and respective leaders of their teams, João Almeida, Pello Bilbao and Miguel Ángel López. With at least six top candidates in line for this year’s final pink jersey, there's plenty of excitement in store for punters and cycling fans alike!

Giro d’Italia Betting Odds 2022

The latest Giro d’Italia 2022 odds can be found below (odds subject to change).

Richard Carapaz11/8bet365
Simon Yates5/1William Hill
Joao Almeida6/1Betfred
Miguel Angel Lopez9/1Betfair
Mikel Landa9/1Unibet
Tom Dumoulin16/1William Hill
Emanuel Buchmann18/1Betfred
Wilco Kelderman20/1bet365

Favour another betting odds format? Use our odds converter!

Giro d’Italia Betting Predictions 2022

The bookies seem to favour Simon Yates, João Almeida and Richard Carapaz, with Carapaz being a less than 2/1 favourite. With that said, we see plenty of value in Dumoulin, and we cannot neglect underdogs João Almeida, Pello Bilbao and Miguel Ángel López either, with huge value at odds of 9 to 16.

Our Giro d’Italia Betting Advice for 2022:

While we cannot disagree with the bookies that Carapaz is the favourite, 11/8 or 7/5 is a very small return on investment, with a very high risk, especially with Yates, Almeida and Dumoulin and several newcomers hot on his heels. He might even be a bit overvalued. If you plan to bet on Carapaz, we recommend hedging your bets through a few of the most promising underdogs as insurance.

Giro d’Italia Betting Tips and Strategy

Fortunately, many of the same betting strategies that apply to horse racing and Formula 1 also apply to cycling. Here are our top 5 Giro d’Italia betting tips:

1. Don’t Only Bet on Stage or Overall Win

While the above is one of the most popular bets, a top 3 finish might be a safer bet, especially if there is a heavy favourite to win.

2. Look for Value!

It is easy to simply follow the bookies and bet on the favourite. However, you won't be the only one doing so. This puts pressure on the odds, sometimes causing them to drop so that they will no longer reflect the probable outcome. We recommend looking for bets with the best value.

3. Take Advantage of Betting Promotions

On the hunt for the best Giro d'Italia betting promotions? If not, you should be! New customers can take advantage of welcome offers such as deposit bonuses or similar. Not only can these boost your bankroll, but they're also a great way to increase your potential winnings on whatever you choose to bet on.

4. Hedge Your Bets

There is no reason to bet on only one ‘horse in the race’. As there are hundreds of riders and at least several contenders for each stage of the race, you can easily bet on several of the top riders – if one of them wins, you will still turn a profit (see our article on dutching).

5. Bet Live

Live betting is perfectly suited to cycling betting. Since a race lasts several hours, you have plenty of time to decide who you think will win, based on how the race develops.

Giro d’Italia Betting Promotions 2022

As we previously mentioned, welcome promotions, free bets and risk-free bets are the best way to get started. Here are just a few of the best offers you can claim this cycling season:

  • Make the most of Giro betting by taking advantage of Betfred’s excellent welcome offer: Bet £10 and get £40 BONUS, using the WELCOME40 promo code.
  • The online betting site Paddy Power is offering newcomers a risk-free £20, which would be perfect for Giro d'Italia betting. Read more in our comprehensive guide on the Paddy Power sign-up offer!
  • Unibet’s welcome offer is not too shabby either! Get a headstart for your bankroll with a free bet if your first bet loses. You will get up to £40 cashback plus a £10 casino bonus on the house!

5 Reasons to Bet on The Giro d’Italia

  • It’s over 110 years old!
  • It takes place in the most scenic shots of Italy.
  • It can cross borders into other nearby territories, too.
  • It’s thrilling and dangerous.
  • It’s one of the most testing events in sport.

Giro D'Italia Betting Sites With Live Streaming

  • Unibet
  • William Hill

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Popular Giro d'Italia Betting Markets

There are numerous bet types available at many online bookmakers with diverse odds. These will undoubtedly be a suitable option for the Giro d'Italia – below, we take a look at the most popular ones.

Outright Winner

This is the most straightforward betting market – all you need to do is predict which cyclist will win the entire tour and finish first.

Best Giro d'Italia betting site for Outright Winner: Betfair

Stage Winner

The 21 stages at the Giro d’Italia serve up the same number of bets for each stage, each of which help break down the entire race. However, while you can pick a cyclist to win each stage, bear in mind that your selection(s) are not guaranteed to finish in first position by the end of the 21st stage.

This can also be considered a similar bet to a type of golf bet that allows you to wager on which player will be top of the leaderboard after each day of tournament play.

Best Giro d'Italia betting site for Individual Stage Winner: SportNation

Betting on Nationality

Betting on the winner's nationality is another top betting market for cycling. Here, you try to predict the nationality of the eventual Giro d’Italia winner, whether a local Italian, Spanish, British, or French rider. As you might expect, Italian cyclists have won more Giros than any other nation, with 41 champion riders overall.

Best Giro d'Italia betting site for Winner Nationality: Betfair

Top Three – Top Ten

The top three – top ten market is pretty similar to the each-way bet used in other sports, such as horse racing. For this market, you need to bet on a cyclist to end up in the top three or ten finishers in either a stage or the entire race.

Best Giro d'Italia betting site for nominated places: Betfred


Sometimes referred to as matched bets, head-to-head bets on the Giro d’Italia pit one cyclist against another to see who finishes better off in a stage or the entire race.

Best Giro d'Italia betting site for head-to-head betting: 888sport

Points Winner

The Points Winner bet is a stake on who manages to accumulate the most points in intermediate sprints and stage finishes. While these races are not really for sprint cyclists, who stand no chance of winning overall, sprinting itself is a necessary feature of the tour.

Best Giro d'Italia betting site for Points Winner: bwin

History of the Giro d'Italia

The Giro d’Italia forms part of one of the three Grand Tours of cycling, with the other two being the Tour de France and the Vuelta a España. The race takes place predominantly in Italy, but has frequently visited other nations. The race itself dates back to 1909 and was designed to drive up the sales of the newspaper La Gazzetta dello Sport.

Since 1909, the Giro d’Italia has been held annually and lengthened as its popularity increased. Notable winners include Italian Luigi Ganna, who won the inaugural race, as well as Hugo Koblet, the first non-Italian to claim victory in 1950. The Italians continued to dominate the race for most of the next 20 years until it was won by Belgian Eddy Merckx in 1968, who, one year later, was disqualified for failing a drug test.

In recent years, overseas riders have fared better with Ireland, Spain, Russia, and United Kingdom all producing winners. The first foreign Grande Partenza for the race came in 1965 when the riders set off in San Marino. Since then, Greece, France, and Israel have all hosted, while the racers have started out in Holland three times. Hungary had been due to host the start in 2020, but this plan was cancelled due to the pandemic. However, in 2022, the Giro is starting in Budapest for the first time.

Recent Giro d'Italia Winners

2021Egan Bernal
2020Tao Geoghegan Hart
2019Richard Carapaz
2018Chris Froome
2017Tom Dumoulin
2016Vincenzo Nibali
2015Alberto Contador
2014Nairo Quintana
2013Vincenzo Nibali
2012Ryder Hesjedal
2011Michele Scarponi
2010Ivan Basso

Giro d’Italia Key Stats

  • The race has 21 stages.
  • Tao Geoghegan Hart won the belated 2020 Giro d’Italia.
  • The Giro prize money for the winning rider is €115,668.
  • With 41 wins, Italian riders have won more than any other nation.

Similar Tournaments to The Giro d’Italia

  • Friday 1 Jul 2022 to Sunday, 24 July 2022, Tour De France: The most prestigious multi-stage cycling race in the world.
  • Friday, 19 August to Sunday, 11 September 2022, Vuelta a España: Spain’s equivalent of the Giro, this race takes a new route each year.
  • Wednesday, September 28 to Friday, October 3 2022, Six Day London: While not one of the Grand Tours, this track cycling event certainly offers plenty of excitement and action.

Additionally, there are plenty of other prestigious one-day races for punters and cycling fans to look forward to. Some of our favourite classics include Tour of Flanders, Milan – San Remo, Paris – Roubaix, Amstel Gold Race, and Liège – Bastogne – Liège.

Upcoming Sporting Events

Giro d'Italia Betting FAQs

The best Giro d'Italia betting sites that we would recommend are Betfair, Unibet, and Betfred.
Interested viewers in the UK can watch the Giro live on Eurosport and on S4C in Welsh.
The majority of the route is in Italy; however, it sometimes crosses borders with nearby countries.
Yes, you can pick the cyclist you think will win the Giro d’Italia. This is called an outright winner bet.
Yes, you can also bet on the winner in any of the 21 different stages of the race – this is known as Stage Winner betting.

The PuntersPage Final Say

The Giro d’Italia is undoubtedly one of cycling’s most famous races, consistently attracting some of the best cyclists in the world. Betting on the Giro d’Italia can be a highly rewarding experience with so many markets offered by online bookmakers. This year’s three-week race will undoubtedly serve up a few surprises as younger cyclists challenge the old guard. You can expect excellent betting action at the Giro d’Italia!