Can Rocket Man Fire North Korea To Olympic Success?

Sunday, October 21, 2018 12:38 PM UTC

Sunday, Oct. 21, 2018 12:38 PM UTC

 North Korea and South Korea are teaming up for a joint bid to host the 2032 Olympic Games and the sportsbooks put them second in the betting to succeed.

<p>North and South Korea recently stunned the international community by agreeing to launch a joint bid to host the 2032 Olympic Games. Until recently, the two countries were bitter enemies engaged in a tense standoff that threatened to descend into all-out war. But Kim Jong Un and Moon Jae-in ushered in a brave new “era of no war” last month and quickly followed it up with plans for the Olympic bid.<a href="https://www.sportsbookreview.com/best-sportsbooks/" rel="nofollow" title="Top-Rated Sportsbooks"> Sportsbooks have responded by making them the second favorites to succeed in the bid.</a></p><p>We already know that the 2020 games will take place in Tokyo, followed by the 2024 Olympics in Paris and the 2028 Games in Los Angeles. Next up, the committee needs to decide who will host the 2032 Olympics, and a few countries already have signalled their intent to bid. Australia is currently the +200 favorite to secure the games, with the city of Brisbane the expected frontrunner. Australia hosted the 2000 Olympics in Syney and it was deemed to be a roaring success, <a href="http://https://www.sportsbookreview.com/Sportsbook/?v=4694&amp;book=Paddypower" title="Check the Odds">so Paddy Power and Betfair </a>– the sportsbooks that now own FanDuel – have made the Aussies the favorite to win this bidding process.</p><p>[/]{"component": "embedHTML", "code": "&lt;blockquote class=\"twitter-tweet\" data-lang=\"en\"&gt;&lt;p lang=\"en\" dir=\"ltr\"&gt;Plans to remove nuclear weapons from the peninsula, increased communication and a joint Summer Olympics bid were all part of a wide-ranging agreement signed by the Korean leaders at the third summit between the two nations. &lt;a href=\"https://t.co/NBI9rnGpUk\"&gt;https://t.co/NBI9rnGpUk&lt;/a&gt;&lt;/p&gt;— Twitter Moments (@TwitterMoments) &lt;a href=\"https://twitter.com/TwitterMoments/status/1042255016843608064?ref_src=twsrc%5Etfw\"&gt;September 19, 2018&lt;/a&gt;&lt;/blockquote&gt;\n&lt;script async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"&gt;&lt;/script&gt;\n"}[/]</p><p>But next up in the betting you will find the joint North and South Korea bid at +300. It would be a new direction for the Olympics, as they are always hosted in just one city. The South Korean capital of Seoul hosted the Games in 1988, and it also hosted the winter Olympics this year. A joint bid would probably mean hosting the games in Seoul and the North Korean capital of Pyongyang, which plays host to the world’s largest stadium, the 150,000-seater May Day Stadium.</p><p>The bid was agreed by the two countries’ leaders at a summit in Pyongyang. It comes after the teams marched in unison under one flag ahead of the 2018 Winter Games, and they competed as one team in ice hockey. It is a remarkable turnaround for two nations that have spent decades at one another’s throats, and Kim and Moon narrowly missed out on winning this year’s Nobel Peace Prize. Winning the Olympics would be a great consolation prize, but they face stern competition.</p><p>Apart from Australia, India, Germany, China and Indonesia have expressed interest in hosting the Olympics in 2032.</p><p>India has never hosted the Olympics, but it is a huge country with more than a billion residents, so it would be an obvious choice, although it would need to do a lot of work on infrastructure. India has only won 28 Olympic medals, and awarding the games to the country could boost its appeal on the subcontinent. Germany already is perfectly set up to host big tournaments, and it is +400 in this market, while India is +500. Malaysia and Singapore also are mulling a joint bid, which would provide further legitimacy for the Koreas’ proposal.</p><p><a href="https://www.sportsbookreview.com/best-sportsbooks/" rel="nofollow" title="Check the Top-Rated Sportsbooks">The sportsbooks already are looking forward to the 2020 Olympic Games and Sky Bet and Bet Stars</a> have made USA’s Christian Coleman the +150 favorite to seize 100m gold. It will be the first Games in the post-Usain Bolt era, and the books believe Coleman is the man to fill his shoes. The 22-year-old, who hails from Atlanta, already holds the world record for the 60 meter indoor dash, and he ran the 100m in 9.79 seconds in Brussels this year. That already makes him the seventh fastest man in 100m history, behind only Bolt, Tyson Gay, Yohan Blake, Asafa Powell, Justin Gatlin and Nesta Carter. But he will face competition from Canada’s Andre De Grasse (+225), Britain’s Zharnel Hughes, America’s Noah Lyles (+500) and Blake (+800). De Grasse took bronze in the 100m at the 2016 Olympics and silver in the 200m, and he will be 25 by the time the 2020 Games get underway, so he looks like an interesting futures option at +225.</p>
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