Provided is a horse-riding bicycle in which a horse-riding effect is obtained by performing both normal driving and horse-riding driving (swinging driving), a user is allowed to simply switch a driving mode between a normal driving mode and a horse-riding driving mode, and a horse-riding driving structure is improved to have a simple structure so that a reduction in costs is achieved and, further, a switching operation between the normal driving mode and the horse-riding driving mode is smoothly performed.