5 Oct 2009

Olympics set up new system to watch for corrupt betting practices

6:00 pm on 5 October 2009

The International Olympic Committee is setting up a new system to watch for corrupt betting practices linked to Olympic competitions and it will be in place for the 2010 Vancouver winter games.

The monitoring program is part of broadening efforts in sports to tackle the menace of corrupt and irregular betting and match-fixing.

A new Swiss company, International Sports Monitoring, will monitor betting on next February's Vancouver games and the 2012 London Olympics for the IOC.

It will get information on betting patterns from 400-450 oddsmakers, betting firms and lotteries and flag any irregularities for investigation.

All those accredited for the games, including athletes, are barred from betting on Olympic competitions.

For last year's Beijing games, the IOC used a system set up by FIFA for football to watch for irregular betting on Olympic competitions but found none.