There are three main options within the Speedway. You can practice, race, and place bets.
Three Main Options
If you choose the Practice option, it takes you to a race scenario. The difference is, this race counts for nothing at the end, and is there to enhance your racing skill. There is no prize at the end, but it doesn't come off of your daily race limit.
You are allowed 20 races per day in the Speedway. If you win, you receive 10 coins, 25 xp and also progress towards your Racing Badge. You compete against 2 other computer-controlled players to see who can cross the finish line first. Even if you lose, it comes out of your daily 20 race limit.
Some may argue this is the funnest option in the Speedway. In this option you do not take part in a race but can choose on one of three racers to win. You can then choose how much you bet on them to win, up to 500 coins each time. If they win, you receive the amount of coins you placed a bet with, but if they lose, you lose those coins.
How to Play
There is only one control in the race, your left mouse button. By holding down the left mouse button, you start to perform a wheelie on your bike, increasing speed. If you let go of the mouse, you slowly return to both wheels, decreasing speed.
If you hold down your left mouse button too much, your bike will wheelie so much that it tips backwards and you fall off. It takes around two seconds to get back on your bike after falling off, which is a big disadvantage in this race. Also, if you click to do a wheelie when there is an oil spill on the track, you will fall off again. It is important that you don't hold down the left mouse button for too long, and you don't click it when going over an oil spill.
Skills & Boost Pads
There are ways of increasing your speed in a race. You can perform certain skills that give you a short speed boost. These speed boosts are represented by stars radiating from your bike. There are several skills you can perform in the speedway, such as doing a back flip while jumping over a large ramp.
Also, by clicking at the right moment while over a boost pad, you can give yourself a speed boost. This only works by clicking at precisly the right moment and takes practice to be able to achieve it.