2012 Summer Olympics

2012 Summer Olympics

Ireland Olympic Athlete Under Investigation for Betting on Rival to Win

Graham Dunbar
The Associated Press

LONDON—The Ireland Olympic team is investigating allegations that one of its athletes cashed in bets on an opponent to win at a pre-London Games event.

The Olympic Council of Ireland confirmed reports Saturday that an athlete made a $4,800 profit on the wagers, and withdrew $4,435 in cash from an account with a gambling operator.

“At the moment, it is between the Olympic Council of Ireland legal department and athlete’s counsel,” team spokesman Jack McGouran told The Associated Press by telephone.

Submitted by Guest on, Jul/30/2012

Irish Sailor Peter O'Leary Subject of Gambling Probe

(Reuters) - Peter O'Leary, his face largely obsured by a black-hooded top and dark glasses was whisked past waiting reporters in the mixed zone at the Olympic sailing venue at Portland, close to the English seaside town of Weymouth.

The sailor, still wearing his wetsuit, made no comment when asked about the betting probe, after making a strong start in racing in the heavyweight Star class.

However, James O'Callaghan the Irish sailing team's performance director told reporters shortly afterwards: "The issue is sub-judice so we have no comment to make."

Submitted by Guest on, Jul/29/2012

London Olympics Fencing Odds: Women’s Team to Win Gold

London Olympics Fencing odds were available for the women’s team to win the gold medal with Italy coming in as the -250 favorite at BetOnline here

Olympic fencing is one of five sports featured in every one of the modern Olympic games.

Italy’s favorite status comes just as Elisa Di Francisca won the gold in fencing’s individual foil at the London Olympics on Saturday, beating Arianna Errigo 12-11 in extra time of an all-Italian final

Submitted by Mary Montgomery on, Jul/29/2012

London Olympics Men’s Basketball Betting Odds – Russia v Great Britain, Argentina v Lithuania

Bookmaker.eu has your London Olympics Men’s Basketball betting odds for Sunday July 29 with matches that include Russia vs. Great Britain and Argentina vs. Lithuania.  All odds can be found here.

Russia vs. Great Britain goes off at 3 pm EDT while Argentina vs. Lithuania will go off at 5:15 pm EDT.

Submitted by Tyrone Black on, Jul/29/2012

Ryan Lochte Odds to Win Gold at London Olympics 200 m Freestyle at Even

There was terrific value in Ryan Lochte odds of winning the gold at the 200 m Freestyle following his first gold at this year’s London Olympics.  Bookmaker had him listed at EVEN odds for the Sunday swim event with nearly 86 percent of the betting action coming his way. 

Submitted by Don Shapiro on, Jul/28/2012

Uruguay Odds to Win Gold at London Olympics: Team Getting The Most Action

While much of the focus has been on Brazil and Spain, Uruguay’s odds to win gold at the 2012 London Olympics offered up the very best value, paying 5/1 at WagerWeb.com.  Some of the European books were offering Uruguay as high as 6/1. 

Submitted by Alistair Prescott on, Jul/28/2012

Michael Phelps Still 1-5 Favorite to Win London Olympics 200m Butterfly Despite Poor Showing

With Michael Phelps still listed as a 1-5 favorite to win the Olympics London 200m Butterfly following an unusually slow start, there could be plenty of value on the other Olympic contenders to win gold in this event at Bookmaker.eu

Submitted by Alistair Prescott on, Jul/28/2012

Men’s 400m Individual Medley Betting Odds: Michael Phelps vs. Ryan Lochte

The Men’s 400m Individual Medley betting odds were available at Bookmaker.eu here.  This will be an exciting early swimming event featuring Michael Phelps going up against Ryan Lochte.  Be up early on the East Coast for this one as it goes off at 5 am.  Bookmaker.eu will be taking bets all night long. 

Submitted by Alistair Prescott on, Jul/27/2012

Michael Phelps vs. Ryan Lochte London Olympics Betting Odds

One of the great rivalries at this year’s London Olympics will be good friends Michael Phelps vs. Ryan Lochte with betting odds favoring the later at the 400m Individual Medley. 

Submitted by Don Shapiro on, Jul/27/2012

Paddy Power ‘London Olympic-like’ Ad Can Stay: Locog Furious!

Online gambling houses are not permitted to advertise or associate themselves in any way with the London Olympics, but that didn’t stop the creative folks over at Paddy Power, the UK’s third largest bookmaker, from trying.

The advert, featured prominently at London, England train stations, proclaimed that Paddy Power was “The Official Sponsor of The Largest Athletics Event in London This Year”

Submitted by Aaron Goldstein on, Jul/27/2012

London Olympics Men’s Football Odds to Win Gold: Spain Now 4-0 After Shock Upset

The London Olympics Men’s Football odds to win gold have been sent in a tailspin following Spain’s shocking upset loss to Japan on Thursday, even before the ceremonies were set to begin.  WagerWeb.com had switched Spain’s odds from EVEN to 4/1.

Submitted by Dan Shapiro on, Jul/26/2012

London Olympics Swimming Odds: Mens 100m Breaststroke, 400m Individual Medley, More

London Olympics Swimming odds were available from Bookmaker.eu here.

These are some of the earliest events taking place at the Olympics and among the most popular. 

Submitted by Don Shapiro on, Jul/25/2012

Most Olympics 2012 Gold Medals Betting Odds

WagerWeb.com was offering odds on which country will win the most Olympics 2012 gold medals with USA the -200 favorite.  All odds available here (mobile betting is available)

Submitted by Don Shapiro on, Jul/25/2012

2012 Olympics Prop Bets: UFO Sightings, Spice Girls Wardrobe Malfunction and More

There were plenty of 2012 Olympics prop bets worth noting offered primarily by the European bookmakers.  Sadly these were lacking at most of the North American facing online betting sites.  Those in North America can find a host of 2012 Olympics betting odds at Bookmaker.eu, which has been serving sports bettors since 1985. 

Submitted by Don Shapiro on, Jul/25/2012

Michael Phelps Odds to Win Gold at London Olympics: Excellent Betting Value

Michael Phelps odds to win the gold medal at this year’s London Olympics were pretty good at 1/2 to win a gold medal (8/5 odds were available on Phelps not winning one).  These odds were available at Sportsbook here.   

Submitted by Carrie Stroup on, Jul/25/2012

Bookies Offer Odds on UFO Sightings, Torch Bearer Tripping at London Olympics

The bookies are getting especially creative with the upcoming London Olympics, offering odds on just about everything under the sun including whether there will be a UFO sighting during the opening ceremony and if the torch bearer trips while attempting to light the flame. 

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Submitted by Alistair Prescott on, Jul/25/2012

Brazil Odds: Still Favored to Win Gold at London Olympics Football (Soccer)

Mighty Brazil was the odds-on favorite to win the gold medal in football (soccer) at the London Olympics 2012 with Spain and Uruguay listed with the next shortest odds at WagerWeb.com, where qualified customers can receive up to US$1000 in FREE CASH

Submitted by Alistair Prescott on, Jul/24/2012

Bet on Usain Bolt to Win 100-Meter Dash at London Olympics: $15.5K Bet Already Taken

One of the UK’s biggest bookmakers has already taken a $15.5k bet on Usain Bolt to win the 100-Meter Dash.

"We anticipate our high roller customers will fancy him to do the business,' Ladbrokes Spokesperson Jessica Bridge said.. "If they were to want 50,000 pounds ($77,500) or more on Bolt, then we will happily lay it."

Submitted by Don Shapiro on, Jul/24/2012

London Olympics Betting Odds: Men’s Swimming

London Olympics betting odds for Men’s Swimming was being offered by Bookmaker.eu, with a huge assortment of wagering for all of the swimming events.  Qualified customers will receive up to US$500 in FREE CASH

Submitted by Don Shapiro on, Jul/23/2012

Betting on the London Olympics 2012: Go Offshore, As Vegas Wimps Out

Looking to place a bet on the upcoming Olympic Games in London?

You'll have to go offshore to do so.

The gambling capital of the world--Las Vegas--won't allow its sportsbooks to accept wagers on the Olympics.

Never fear, however.

Submitted by Thomas Somach on, Jul/19/2012

Breaking News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

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