Tokyo Favored To Host 2020 Olympic Games

Tokyo 2-3 favorite to host 2020 Summer OlympicsThree cities turned in their "bid books" to the International Olympic Committee this week, officially becoming the candidates to host the 2020 Summer Olympic Games. The final IOC vote will take place on September 7 in Buenos Aires.

Almost immediately, British bookmaker William Hill posted a betting line on the winner, listing Tokyo as the 2-3 favorite, with Istanbul second at 5-2. Madrid trails at 3-1 and yes, you can bet on it.

Madrid's bid is interesting, as it proposes that some of the men's and women's basketball games will be played at the Plaza de Toros, the famous bullring where bullfights have taken place every Sunday since its opening in 1931. And that is no bull.