London 2012 Olympics is bookmaker’s favorite
By maddy
Paris is trying hard to catch up with London in the 2012 Olympic bid race but Australian bookmaker says London is the hot favorite among those in the know.

Mark Worwood, from who monitors Olympic odds said, ‘Support has dried up for Paris. After good initial money I think that people were waiting to see how it handled the 2003 World Championships in Athletics. Many observers were not impressed and that is being reflected in our betting market,’.

The current odds are London 8-5, Paris 9-5, New York 9-2, Madrid 5-1, Rio de Janeiro 8-1, Leipzig 12-1, Istanbul 20-1, Moscow 33-1 and Havana 100-1.

The Alice Springs based Centerbet, is reputed for Olympic oddsmaking ever since taking bets for all Olympic gold medals won at the last Sydney 2000 Summer Games. was also the only online oddsmaker that correctly chose Vancouver to win the 2010 Winter Olympic bid.

Worwood predicts that the Games are heading for Europe and London and Paris are clear frontrunners, with the big apple being the potential spoiler.

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