Chicago odds-on to land 2016 olympic games

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CHICAGO ODDS-ON TO LAND 2016 OLYMPIC GAMES

WITH one week to go until decision-day it looks like the Olympic Games will be heading across the pond to the United States in 2016, that’s if the betting on Betfair is anything to go by. Chicago is currently 4-5 favourite with customers to be voted as the next host of the world’s biggest sporting event.

The nearest challenge appears to be coming from Rio de Janeiro, currently 9-4, with Tokyo next in the betting at 6-1. Madrid is 13-1 to bounce back from losing out to London for 2012 and be given the nod four years on.

Candidates for the 2016 Games will learn their fate on 2nd October 2009.

Betfair spokesman Michael Robb said: “The President of the International Olympic Committee thinks it will come down to a couple of votes, but Betfair customers clearly think it’s Chicago in the driving seat.

“The Windy City has led the market since Barack Obama became President and customers may well have made a connection between the two on the back of his popularity. Will Obama oversee an Olympics at the end of a potential second term? At the moment the odds suggest he may well do just that.”

2016 Olympics Host City – Betfair bet: 4-5 Chicago, 9-4 Rio de Janeiro, 6-1 Tokyo, 13-1 Madrid

- Ends -

About Betfair: (www.betfair.com)
Betfair is the world’s biggest online betting community and pioneered the first successful betting exchange in 2000. Driven by cutting-edge technology, Betfair enables customers to choose their own odds and bet even after the event has started. The company now processes over six million transactions a day from its two million registered customers around the world. In addition to sports betting, Betfair offers a portfolio of innovative products including casino, exchange games and poker.

Betfair has twice been named the UK’s ‘Company of the Year’ by the Confederation of British Industry and has won two prestigious Queen’s Awards for Enterprise, being recognised for Innovation in 2003 and most recently for International Trade in 2008.

Betfair currently employs over 1,500 people, principally in London, Malta and Tasmania. The company is a licensed betting operator in the UK, and holds licenses in Australia, Germany, Austria, Italy and Malta.

For further information:
Michael Robb
Tel: +44 (0) 20 8834 6063
Mob: +44 (0) 7921 025678
 

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IT WILL HAPPEN


If Bush was trying to get the OLYMPICS into Houston or Dallas while in office the left would be up in arms...
 

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a friend of mine is leaving in 2 minutes on the Chicago 2016 charter to Denmark. Just sent a text that said Dikemba Mutombo on the flight.
 

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The Olympics, what a huge waste of money...
 

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The Olympics, what a huge waste of money...

Olympics may be the greatest world event. Everything is a waste of money if you look at it in a certain way. Olympics has been a great thing for the world for more than a century. Waste of money? Bah.
 

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Yes, I think the Olympics will have a shot here in Chicago.

Would I bet on it? I'd say those odds aren't favorable, so no.
Anything can happen and politics well, shit. The IOC gets paid either way, whatever country it's in from the broadcasting rights and what not.
 

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Take Rio.

There is still a lot of IOC anti-american sentiment, even with Obama. (Softball and Baseball being canned, etc.).

Rio would be historic and they finally got the financial guarantees. Hard for the IOC to pass up.

I make them a slight fav over the US, so take the +200 !
 

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I think Chicago is a done deal. I think Obama waited to agree to go in order to gain enough assurances that if he went then Chicago would win. He's not going to go there to lose IMO.
 

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log into betcris and see the +130.

so i send them some funds, and of course by the time i go to place the bet its -150
 

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CRIS odds..

Chicago +130
Madrid +200
Rio de Janeiro +200
Tokyo +125

CRIS has some bad odds. These are odds at intertops.

Chicago -125
Madrid +1100
Rio de Janeiro +150
Tokyo +800
 

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