Hi,
Could you please clarify what specific ANT USB module you are using? If there is no model name/ number, a picture would be really helpful.
Also, the term "Bike Sensor" is pretty generic, ANT+ has device profiles for Bike Power, Bike Cadence, Bike Speed, and Bike Speed and Cadence. Knowing the exact device profile you are using is necessary when attempting to establish an ANT+ channel.
And are you using a commercial bike sensor (what brand? model?) or are you creating your own?
Since you are new to ANT, I would recommend reading through the ANT Basics section, which can be found at:
http://www.thisisant.com/developer/ant/ant-basics
Regards,
Usama