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#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

#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

Whether you're a boat enthusiast, historian, archaeologist, fisherman, or just taken by the natural beauty of Ireland's waterways, you will find something of interest in our Inland pages on Afloat.ie.

Inland Waterways

Ireland is lucky to have a wealth of river systems and canals crossing the country that, while once vital for transporting goods, are today equally as important for angling, recreational boating and of course tourism.

From the Barrow Navigation to the Erne System, the Grand Canal, the Lower Bann, the Royal Canal, the Shannon-Erne Waterway and the Shannon Navigation, these inland waterways are popular year in, year out for anyone with an interest in rambling; flora and fauna; fishing; sailing; motorboating; canoeing, kayaking and waterskiing; and cruising on narrowboats.

Although most will surely identify Ireland's inland waterways with boating holidays and a peaceful afternoon's angling, many varieties of watersport are increasingly favoured activities. Powerboat and Jetski courses abound, as do opportunities for waterskiing or wakeboarding. For those who don't require engine power, there's canoeing and kayaking, as Ireland's waterways have much to offer both recreational paddlers and those looking for more of a challenge. And when it comes to more sedate activities, there's nothing like going for a walk along a canal or river bank following some of the long-distance Waymarked Ways or Slí na Sláinte paths that criss-cross the country.

Ireland's network of rivers, lakes and canals is maintained by Waterways Ireland, which is one of the six North/South Implementation Bodies established under the British-Irish Agreement in 1999. The body has responsibility for the management, maintenance, development and restoration of inland navigable waterways on the island of Ireland, principally for recreational purposes. It also maintains Ireland's loughs, lakes and channels which are sought after for sailing; the network of canal locks and tow paths; as well as any buoys, bridges and harbours along the routes.

Along the Grand and Royal Canals and sections of the Barrow Navigation and the Shannon-Erne Waterway, Waterways Ireland is also responsible for angling activities, and charges Inland Fisheries Ireland with carrying out fisheries development, weed management and ensuring water quality.

Brian Goggin's Inland Blog

Giving his personal perspective on Ireland's Inland Waterways from present-day activities to their rich heritage, Brian Goggin tells it like it is with his Inland Blog.

From recognising achievements in management of the waterways to his worries on the costs of getting afloat on Ireland's canals, Goggin always has something important to say.

He also maintains the website Irish Waterways History that serves as a repository for a wealth of historical accounts of the past commercial and social uses alike of Ireland's rivers and canals, which were once the lifeblood of many a rural community.