Australian Gambling – Arise Sir Tim! If he’s not Australia’s greatest soccer export of all time, he’s certainly the nation’s most popular.

And if you love the Socceroos’ World Cup hero Timmy Cahill and reckon he deserves to be bestowed with an Australian Knighthood, you can now put your money where your mouth is. Sportsbet.com.au is offering $6 for Cahill to get an Australian Knighthood.

Tasty odds if you think the great man deserves to be one of the up to four people to become a Knight (or Dame) of the Order of Australia. In March, the Abbott Government managed to get the seal of approval from Her Majesty Queen Elizabeth II to make changes to the Order of Australia.

The Queen can now approve a Knight or Dame on the recommendation of Prime Minister Tony Abbott. And that’s given Sportsbet the opportunity to offer this novelty market.

Mr Abbott said the honour “may be extended to Australians of extraordinary and pre-eminent achievement and merit”. Former Governor General Quentin Bryce was made the first dame under the changes and new GG Peter Cosgrove, a former army chief, was appointed the country’s first Knight.