The longest shot I can imagine - I am bringing you bet, which will be decided in september 2013, while the event itself is set to run in 2020. But this time waiting can easily pay out.
We have three candidate cities remaining in the fight with depressed Madrid (both economically and due to their unseccessfull recent olympic effort) and two determined favorites, Istanbul and Tokyo. For bookmakers, Istanbul is quite a clear underdog with odds around 3 (3 in Coral, Paddy and bet-at-home), while Tokyo rates comfortably under 1.75. I think that bookies should hope that not many people will see this opportunity, because it´s HUGE in my opinion. Just look at GamesBids.com, the deepest specialist in this topic. They rate Istanbul as a slight favorite and they have been rating them higher than Tokyo long months back. Japan is really determined to get another olympic games. There is a strong rising public support over 75 % with Toyota being the most recent and pretty strong partner of the bid. But there is no reason to doubt about Istanbul´s candidature too! Turks are great nationalists and the games have consistent support from the country´s top politicians including the prime minister, who promoted Istanbul during the 2012 olympics, being present in London; he will also attend in Buenos Aires,where the september decisive ceremony will be held. The organizing team has impressed the IOC delegation during its recent visit to Istanbul; the infrastructure for the games is already being made. Turkey hosted both winter (2011) and summer (2005) universiade and year ago also the first major athletics competition on its soil with the indoor worlds 2012.
I see great value in picking Istanbul @ 3 to host the Olympic games 2020!
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