COLLINGWOOD recruit Jack Crisp is the latest player to be caught up in a betting scandal, with the 21-year-old at the centre of a new AFL investigation. 

The League's integrity unit is investigating a wager made early last season when Crisp was playing at the Brisbane Lions.

Collingwood football boss Neil Balme confirmed the betting probe to AFL.com.au in a statement.

"Collingwood is aware of the AFL looking into a bet Jack may have placed early last year, while he was playing for Brisbane," Balme said.

"As we understand it, the investigation is continuing and we await the outcome."

AFL.com.au understands the integrity unit has been investigating the matter for the past three to four weeks with a decision expected soon.

The total amount of the bet is believed to be less than $150.

Crisp was traded from the Lions to the Magpies at the end of last season as part of Dayne Beams' move to the Lions. 

Brisbane Lions chief executive Greg Swann rejected suggestions the club knew about the incident before they traded the midfielder.

"The inference that we knew [about this issue] before we traded him isn't right. We didn't know that," he told AFL.com.au

"From what I gather it's a $10 multi, it's hardly the crime of the century anyway, but we'll see. We didn't know about it."

Swann said he believed it was an isolated incident and didn't involve any of Crisp's former Lions teammates. 

He said there was no excuse for players betting on AFL games. 

"Everybody knows the rules," he said. 

"They don't need [more education on gambling]. They get educated within an inch of their life so there's no excuses from that point of view." 

Crisp has played in both of Collingwood's NAB Challenge matches so far and has been named in the squad for Saturday night's clash against the Western Bulldogs.

He has played in both of Collingwood's NAB Challenge matches and has been named in the squad for Saturday night's clash against the Western Bulldogs.

The probe into Crisp comes as the AFL's integrity department investigates a bet placed on the Western Bulldogs-Melbourne game from the account of Bulldogs youngster Lachie Hunter. The bet was placed by a Footscray VFL player. 

Hunter reported the incident at half-time of the game to Bulldogs officials, who notified the AFL before the game had been completed. 

This isn't the first time Collingwood has caught up in a betting scandal.

In 2011 defender Heath Shaw was banned for eight games for placing a wager on a Collingwood game during the season, while skipper Nick Maxwell was fined $10,000, with half suspended, after revealing information to his family that was used to place bets on the game's first goalkicker.