|Positive talk from the London camp in the past few weeks and a crucial inspection report published today gave them further hope of hosting the 2012 Olympic Games – according to Betfair punters at least. |
Despite their market dominance, Paris have lengthened from a low of 1-10 to their current odds of 1-5 on Betfair, while London are now 6-1 from a high of 13-1 last month after both cities were both praised for their “high-quality bids” by the International Olympic Committee (IOC) report.
Both camps received positive feedback, although Paris has emerged the clear IOC front-runner earning glowing endorsement and scoring highly for its accommodation, transport and budget.
But the betting on Betfair suggests there is still plenty of hope for London and bid leader Lord Coe said his team were satisfied at the commission's conclusions on factors previously questioned, including the location of venues, the ability to handle transport demands, and levels of public and government support.
Madrid earned the most positive remarks elsewhere and are currently available at 22-1 on Betfair, with New York a 69-1 chance and the criticised Moscow a 99-1 outsider.
To host 2012 Olympic Games - Betfair bet: 1-5 Paris, 6-1 London, 22-1 Madrid, 69-1 New York, 99-1 Moscow (Prices correct as 5.30pm, June 6th).