Tag Archives: match fixing

Olympic athletes: place your bets

July 28, 2012 4:09 pm

That didn’t take long.

The opening ceremony to the London Olympics was yesterday and already authorities are investigating an athlete who bet on a competitor and won $4,800. International Olympic Committee rules bar athletes from betting on Olympic events. (Of course, the IOC may top the NCAA when it comes to hypocrisy, corruption and money.)

Back to sports betting. We did a blog post the other day, pointing to concerns about bets during the Olympics and match fixing. As sports betting spreads, look for corruption and sports-betting scandals to become a part of all games.

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Olympic fears: betting and match fixing

July 26, 2012 1:01 pm

As the Olympic Games get under way in London, officials there say concerns over doping have been replaced by fears of “match-fixing” and “betting.”

Sports betting is big in London. Illegal bookmaking in Asia and the Internet has also expanded the reach of sports betting. Coming soon: several states, including New Jersey, in the U.S. are pushing to legalize sports betting.

The boom in sports betting is likely to increase pressure on athletes to fix games. Indeed, there have been a number of sports betting scandals over the years as this list here shows.

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