Displaying items by tag: Betting

5th December 2012

O'Leary Let Off With Warning Over Beijing Bet

#OLYMPICS - Irish Olympic sailor and current All-Ireland sailing champion Peter O'Leary has been let off with a warning by officials after betting on a competitor to win at the 2008 Games in Beijing.

O'Leary and his then partner Stephen Milne did not qualify for the Star class medal race in Beijing, in which O'Leary won €3,600 after placing a €300 bet on 12-1 Britain.

The story came to light days before O'Leary and current teammate David Burrows began their Star class campaign at this summer's London Olympics, prompting an investigation by the International Olympic Committee (IOC).

But IOC chiefs announced yesterday that they had found "no proof of any match-fixing".

While Olympic athletes are banned from betting on Olympic events, the IOC's ethics commission agreed that O'Leary was not fully aware of the rules at the time.

"The athlete was unaware he could not bet on Olympic events," said IOC spokesperson Mark Adams. "It is not something we agree with and we condemn it but we will not take any more action."

O'Leary and Burrows finished 10th in the Star class at the London Games in what was a milestone summer for Irish sailing on world sport's biggest stage.

Published in Olympics 2012

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Fancy an Olympic Sailing Bet? Peter O'Leary's at 7/2 & Annalise 10/1

#olympicsailing – Fancy betting on sailing at the 2012 Olympics? There's some fantastic odds on sailors to win medals as well as a few short ones if you factor in the vagaries of weather and a week long series. We've taken a quick eyeball and here's a selection from Paddy Power Bookmakers.

Star class supremo Robert Scheidt at 6/5 is not a great bet but there are fantastic odds on the defending champion Iain Percy at 5/1. Ireland 's Peter O'Leary at 7/2 is also definitely worth a punt.

In the Laser Radial class Annalise Murphy at 10/1 who goes into action today is worth a ton of money as the forecast is definitely on her side. We all know she is a formdidable force in big winds so the forecast is good for an each way bet. And Gintare Scheidt is excellent odds at 5/1 especially as she is the reigning world champion.

In the 470 the Australian champions are poor odds at 1/12 given there are so many opportunities for screw ups in a week long event. Ireland's Ger Owens is a very long shot at 25/1.

In the 49er the Irish are 25/1 and possibly a good each way bet as they have a superb coach in Ian Barker, 2000 silver medalist and have been on upward trajectory for the last year.

The Australians at 11/10 look like a sure fire thing so not worth a bet, but the British at 8/1 and the Spanish at 13/1 are both amazing odds.

In the Finn Ben Ainslie 8/15 would be your banker with the Danish at 8/5 very short odds but the Dutch 25/1 and the Croatian 11/2 are both good each way bets.

Paddy Power sailing here

Published in Olympics 2012

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Offshore wind

ESB know the importance of offshore wind in tackling climate change and delivering net zero. Ireland has a unique capability given its prime location to take advantage of the potential of offshore wind. ESB are working hard to develop offshore wind projects for the benefit of everyone across society in Ireland and the UK. This includes ongoing engagement with marine users and local communities so ESB can deliver these significant projects.

Offshore wind will play a major role globally in our fight against climate change. It will help to replace energy generated by burning fossil fuels with that from a clean, safe and secure renewable energy source. Ireland’s geographic location on the exposed edge of the Atlantic presents us with a significant opportunity to generate electricity from wind – both offshore and onshore.

Power from onshore wind farms currently provide over one-third of Ireland’s electricity needs. But, whilst its marine area is many times the size of its landmass, Ireland’s offshore wind potential is only starting to be realised. ESB have a coastline stretching over 3,000km but only one operational offshore wind farm – Arklow Bank, with a capacity of 25 MW. In contrast, Belgium’s coastline is only 63km long, but it has already developed more than 2,000 MW of offshore wind. In Great Britain, with a coastline four times the length of ours, offshore wind generation now equates to over 440 Arklow Banks, with an installed capacity of 11,0000 MW as of late 2021.

The Irish Government's target to install 5,000 MW of offshore wind capacity in our maritime area by 2030 is set out in the Climate Action Plan 2021. It also has the objective to source 80% of Ireland’s electricity needs from renewables by the same year. In line with this, ESB is applying its professional and proven engineering expertise to the challenges set within the Climate Action Plan.

ESB are committed to playing a strong role in developing Ireland’s offshore wind potential for the benefit of the people of Ireland. This will be done in consultation with marine users and local communities, and with due care for the marine environment.