Oddsmaker Favours Oslo for 2022 Olympic Winter Games Bid

Ireland’s PaddyPower has made Norwegian capital Oslo the 5 to 2 favourite to win the 2022 Olympic Winter Games bid. Norway just completed a strong showing at the Sochi 2014 Games coming second on the medal table with 11 Golds and 26 medals in total.

But before you put down your money, consider that the bookmaker currently lists Stockholm as co-favourite at 5 to 2, even though Sweden’s capital dropped out of the race last month blaming financial issues. There is no chance for the city to re-enter a bid.

PaddyPower lists Almaty in Kazakhstan at 3 to 1; the unlikely Winter Games city does have viable venues and substantial wealth so the International Olympic Committee (IOC) will not overlook it.

Beijing is 5 to 1 giving some credit to the city’s plan to reuse some venues that were created for the 2008 Summer Games.

At 6 to 1, Krakow in Poland is an outsider mainly because some hosting venues would lie in Slovakia creating a multi-national Olympics – something the IOC frowns upon due to complex logistics and inceased risk.

The longshot at 8 to 1 is Lviv in the Ukraine where a decent bid is now in jeopardy due to recent political strife in the nation.

While punters may be putting their money on Oslo, residents of the city don’t want to. Earlier this month a survey showed that more than 50% of constituents didn’t want to host the Games because of the associated costs.

This July the IOC will select a short list of candidates with the final election of the host city being held July 31, 2015 in Kuala Lumpur, Malaysia.