Look up a Carb/Fat burn curve related to heart rate. Then sit at the heart rate max % that gives the highest fat burn. During exersice eat enough carbs to replace those that you are using (or perhaps slightly less). This way you don't bonk (your replacing the carbs) but are still burning away fat.
Second thing is the longer you ride the better. For example I can ride 1 hour on the turbo at 200W or half an hour at 240W. Therefore I burn 66.7% more energy on the hour session. This works as when you double the time your on the bike you don't halve your power output.
In the end it is just a numbers game. If you expend more calories than you eat, you loose weight.
Edit Afterthought: don't go and bonk whatever you do, it is really nasty and you feel **** for days afterwards
Second thing is the longer you ride the better. For example I can ride 1 hour on the turbo at 200W or half an hour at 240W. Therefore I burn 66.7% more energy on the hour session. This works as when you double the time your on the bike you don't halve your power output.
In the end it is just a numbers game. If you expend more calories than you eat, you loose weight.
Edit Afterthought: don't go and bonk whatever you do, it is really nasty and you feel **** for days afterwards