A vague, yet intriguing report making its way out of London this morning claims that two different IOCs (both the International and Irish Olympic Committees) are investigating an unnamed competitor who allegedly wagered against themselves during a preliminary event.

According to the Irish Independent Newspaper, the suspected gambler placed two separate bets on an event in which he/she was competing, winning nearly $5,000. Yes, $5,00. Because if you were going to ask the average person (who just spent four years training for a once-in-a-lifetime opportunity) how much money it would take to throw it all away, the answer would probably be “enough to make a modest down payment on a Toyota Prius.”

“This is fraught with legal issues,” explained Irish Olympic President Pat Hickey. “And, right now, our priority is not to cause any unnecessary upset to the competitors.”

There are currently 66 Irish athletes competing in the games, so at this point wildly guessing which one broke an explicit IOC rule is the only way to truly get to the bottom of this. And if you can find a sportsbook to take the bet, imagine how much money you can walk away with if you nail a 66-1 wager.  After all, apparently it’s the Olympic way. 

Photo: Katie Taylor/Getty Images