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1602BST: Right, the Madison is named after Madison Square Gardens (of New York fame), where the endurance race was extremely popular with spectators packing the venue to see riders suffer the effects of spending hours on a bike. The modern version lasts for 200 laps, or 50km, and is a tag-team race. There are two riders in each team and they can "tag" each other in and out, while the other rests. Remember the individual pursuit earlier today? Well, the Madison resembles the sprints involved in that event. The first finisher in each sprint earns five points, the second gets three, the third earns two, and the fourth-placed cyclist gets one point. It sounds a little bit crazy to me. Wiggins finished with bronze in Athens with his partner, Rob Hayles - the Australians were victorious. With the medal table so tight this time around, Britain need Wiggins and Cavendish to secure a victory in the velodrome tomorrow to keep the pressure on Australia.
1543BST: Tomorrow, Britain has a good chance of yet more medals in the cycling. At 10.30am, Bradley Wiggins and Mark Cavendish go in the men's Madison (an explanation of this crazy race will be up shortly) - they are world champions. Victoria Pendleton is favourite to win the women's sprint - she, too, is world champion (oh, and Commonwealth champion). And the great man, Chris Hoy, is expected to make it an individual sprint double in the men's sprint...wait for it....wait....yeh, he's also world champion. In the Bird's Nest, Christine Ohuruogu runs in the 400 metres at 3.10pm (world champion, obviously).
1532BST: Yelena Isinbayeva, of Russia, has broken her own world record while taking a second consecutive pole vault gold medal. Isinbayeva set the record of 5.05 meters on her final attempt at that height. She then did a somersault, before jogging around the Bird’s Nest track with a Russian flag - is there anything this woman cannot do?
1528BST: After news of handbags at the men's weightlifting reached us, further revelations about possible corruption in the gymnastics. Poland’s first Olympic gold medal in gymnastics was won by Leszek Blanik who won a tiebreaker over Thomas Bouhail, of France, in the men’s vault. Both scored 16.537, but the decision went to a tiebreaker that favored the Pole. “I don’t know exactly why I won. I guess it is a special rule for judges,” Blanik said. Thankfully, it was not some pro-Pole, anti-French agenda but because Blanik had the highest mark for a single vault. French conspiracy theorists can sleep easy this evening.
1520BST: In the semi final, Price will face Roberto Cammarelle of Italy, the defending champion, who beat Oscar Rivas of Colombia 9-5. You would think Price still had a fight to win before he secures a medal, but in Olympic boxing semi-finals, like in primary school sports days, everyone's a winner - medals for all, I say.
1513BST: Terry Edwards, the Britain boxing head coach, is happy with the result. He says Price has done a "captain's job". (We probably should have mentioned that Price is the Team GB boxing captain).
1510BST: We'll be honest, we're disappointed. Price wins as Jaksto retires hurt. There we were, ready to give a blow-by-blow account of the fight. Oh well, that's a guaranteed bronze medal for Price and for Team GB.
1508BST: Round 1: Price takes a two-point lead, but gets caught as he steps in. He towers over his opponent. Takes a 3-1 lead after round one, a right-hander on the ropes being his best shot. Jaksto seems to have a thigh injury, he's being rubbed down between the rounds - he's struggling...
1506BST: Price, dressed all in red, strolls to ring with the confidence that only a man of 6ft 8in can.
1504BST: David Price, all 6ft 8in of him, now takes on Jaroslav Jaksto, of Lithuania, in the semis of the super-heavyweight boxing.
1503BST: Angelo Taylor, of America, wins the men's 400 metres hurdles in 47.25sec. That's eight years after winning the event in Sydney. It's also an American one-two-three which no one wants to see, but fair do's, that was a fabulous run from Taylor and to win a sprint event twice with an eight-year gap between the two victories is pretty impressive. Kerron Clement came in second with Bershawn Jackson in third.
1458BST: Next up, the men's 400 metres hurdles final.
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