Australia, Olympics and Betting Records Broken

Written by:
Published on:

(AAP) Australian punters look set to break an Olympic record of their own, with betting agencies reporting larger than anticipated interest in the Games.

TAB Sportsbet had anticipated holding about $13.5 million over the 16 days of competition in Beijing, but only two days into the event it now seems likely to surpass that mark.

Australians punted about $80,000 on today's 400m men's freestyle swimming final, in which Grant Hackett finished sixth behind young South Korean star Park Tae Hwan.

About $400,000 has already been laid on the men's football competition which is still in the group stages.

"The way it's going, I think we'll definitely top what we took last Games," said Sportsbet spokesman Matt Jenkins.

"It's pretty much spread across the sports. It's good starting with the swimming, we've got a lot of gold medal chances in the pool."

Lasseters Sportsbook said interest in the days leading up to the Olympics had been slow but since the opening ceremony on Friday night there had been a flourish of betting.

Lasseters spokesman Gerard Daffy said betting on Australian football codes had slowed down in the past few days since the Olympics began.

"Once they start, Aussie punters go into a bit of a frenzy because they are just given so much information," said Mr Daffy.

"Of course in this day and age you can see so much and evaluate it for yourself.

"Football betting has slowed right down since the Olympics started."

Mr Daffy said as the Australians began winning more and more gold medals the interest would only increase.

He said it would also be helped by the fact Beijing was only two hours behind Australia's east-coast.

"From a global bookmakers' point of view it doesn't really make it too good for business because the time zones are bad for practically most of the world," Mr Daffy said.

"But it's great for this side of the world."

Bet on the 2008 Summer Olympics at Sportingbet.com Australian Dollar Welcome!

Sports News

Best Bets for This Weekend - Mar. 6-7, 2021

Best Bets for This Weekend - Mar. 6-7, 2021

Now that the National Football League is done until this fall, sports betting has shifted to the sport of basketball. The NBA remains a popular sports betting option in the US, but March belongs to college basketball.

UFC Odds - UFC 259: Blachowicz vs. Adesanya

UFC Odds - UFC 259: Blachowicz vs. Adesanya

It’s a whopper of a night in the Octagon and at the betting window as not one, not two, but three title fights highlight the card at UFC 259: Blachowicz vs. Adesanya from the UFC Apex in Las Vegas. Petr Yan (15-1) defends his title for the first time taking on Aljamain Sterling (19-3) in a bantamweight bout to get the trilogy started. Amanda Nunes (20-4) puts her women’s featherweight strap on the line against Megan Anderson (11-4) in the second co-main event.

Detectives Look at SUV’s ‘Black Box’ From Tiger Woods Crash

Detectives Look at SUV’s ‘Black Box’ From Tiger Woods Crash

Detectives are looking at data from the so-called “black box” of Tiger Woods’ SUV to get a clearer picture of what occurred during the Southern California rollover crash last week that seriously injured the golf star, authorities said Wednesday.

Early 2021 PLAYERS Championship Odds

Early 2021 PLAYERS Championship Odds

BetOnline is the first book up with THE PLAYERS Championship futures.

Ibrahimovic Stands by LeBron James Comments, Doubles Down

Ibrahimovic Stands by LeBron James Comments, Doubles Down

AC Milan striker Zlatan Ibrahimovic has defended his controversial appearance at Italy's Sanremo music festival and reiterated his belief that athletes like Los Angeles Lakers star LeBron James should stay out of politics.