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As the International Olympic Committee (IOC) prepares to announce next week whether Paris, London, Madrid, New York or Moscow will be the host city for the 2012 Olympic games, many popular online casinos are taking bets with updated odds on which lucky metropolis will win. One of the largest online casinos taking bets on the internet, Pinnacle Sports, has Paris, France as the favorite to win the hosting honors for the 30th Summer Olympiad. Coming in second on a number of popular online casinos is London, UK, followed by Madrid, Spain, New York City, New York and lastly Moscow, Russia.
Paris's bid has long been considered the top pick by most bettors at popular online casinos, while London has waged an aggressive campaign to beat out the French capital. New York's bid is seen as weaker compared with others on many popular online casinos because of the lack of an Olympics-supporting infrastructure and plans for construction which may or may not be able to be built by the time the games are set to take place. Though Madrid's chances have consistently grown better on popular online casinos since the selection process began, its chances are only a little higher than New York.

According to Simon Noble, spokesman for the one of Pinnacle Sports' popular online casinos, "Everyone believes that Paris will ultimately win the IOC vote to host the 2012 Olympic Games and our online casinos players agree with nearly one third of all the online bets backing the City of Lights. Moscow's Olympic hopes appear to be mere pipe dreams for most players at online casinos."

Betting at online casinos began this last February, when the candidate cities began their big push to wow over the IOC judges. Odds at most popular online casinos where online wagering is taking place are as follows: Paris 2/9, London 5/1, Madrid 20/1, New York 21/1 and Moscow 70/1. The IOC vote will take place on July 6th, 2005 in Singapore.