Speaking at the Riverside Museum of Transport on the banks of the River Clyde, the former track cyclist spoke of her experience of a home crowd and the difference it makes to athletes.
She was in Glasgow to mark the unveiling of the Queen's Baton which will tour the Commonwealth from October 9.
Victoria, who competed at Manchester 2002, said having the Commonwealth Games on home turf was a rare experience.
She said: "It will be the biggest Commonwealth Games the world has ever seen in terms of interest, participation and people just getting involved with the whole event.
"When something like the Commonwealth Games comes to town you really can't ignore it.
"It's going to be there at the forefront which I think is a really exciting thing and inspirational for young people."
On Monday, one million tickets for Glasgow 2014 went on sale across 17 sports, including the opening and closing ceremonies.
Tens of thousands of people flooded the website on the first day to apply for seats despite the four-week ticketing phase being run as a ballot, with applications open until September 16.
Victoria, 32, whose medal cupboard includes gold at the Beijing Olympics, as well as Commonwealth Games gold in the sprint and silver in the 500m time trial at Melbourne 2006 and dozens of national and international cycling titles, reminisced about competing.
The double-Olympic and nine-time world champion retired after winning gold in the kierin at London 2012.
A veteran of two Common-wealth Games, Victoria said performing in Melbourne 2006 had given her the confidence to move on to greater things.
She said: "Being part of a multi-sport event is something very special."