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Betting on the 2010 Olympics

Category: Olympics

Betting on the 2010 Olympics:
Many countries had battled for the hosting of the upcoming 2010 Olympics. But the Association of Canadian Olympics selects the Vancouver as the Canadian applicant place for the 2010 Olympics instead of the city of Calgary. Previously Association of Canadian Olympics selected the city of Quebec as the Canadian applicant place for the 2002 Olympics. But unfortunately they had lost the bid in the year of 1995. First round for the voting of the 2010 Olympics was arranged in 21 November 1998. In this round, Vancouver succeeded to get 26 numbers of votes, Quebec succeeded to get 25 numbers of votes and Calgary succeeded to get 21 numbers of votes. Second and last round for the voting of the 2010 Olympics was arranged in 3 December 1998. In this round there was a very tough betting competition between the city of Vancouver and the city of Quebec. In this round, Vancouver succeeded to get 40 numbers of votes and Quebec succeeded to get 32 numbers of votes. So in this way, Vancouver succeeded to win the bid of the hosting city candidate from Canada for the Upcoming 2010 Olympics. After winning this bid, Vancouver ambled to enter in the international bidding competition for the hosting of the 2010 Olympics.

Scandal in 2002 Olympics:
For the 2002 Olympics, it was cleared that city of Quebec will win the bid of being the host city for the Olympics. But suddenly there occurred a bid inducement scandal that allows the city of Salt-Lake to win the bid of the host city for the 2002 Olympics. Suddenly some rules were changed in the bidding process and city of Salt-Lake won the bid instead of Quebec who was clearly won the bid. After that city of Quebec asked for reimbursement of about eight million dollars. After that bidding rules were again changed and a separate commission was created for the purpose of visiting the candidate cities and decided the best one after observing the all resources and conditions.

International Betting For 2010 Olympics:
This commission first chooses the three cities as candidates for the hosting of upcoming 2010 Olympics in the 2003. In the same year, this commission visited the candidates’ cities for choosing the best one among three. After visited all the three cities, this international commission for the Olympics decided to select the city of Vancouver as a host city for the Olympics of 2010. The final decision was made at 2 July, 2003 mentioned by the president of IOC “Jacques Rogge”. The other three competitors of Vancouver were PyeongChang that is the city of South Korea and Salzburg that is the city of Austria. But the winner was the city of Canada named as Vancouver City. VANOC (The Vancouver Olympic Committee) had spent an amount of 16.6$ for improving the conveniences or facilities of the place of Cypress Mountain. Cypress Mountain had also hosted the events and sports of aerials, moguls and ski cross. It had also hosted the events and sports of snowboarding competitions in the past.

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