The London Olympic bid book, for the 2012 Olympics, will be delivered to the IOC next week.
However, the smart money on which city will win the bidding is on Paris at 4/7; according to William Hill the UK bookmakers.
Whilst London comes second at 2/1, the level of betting from British punters is low. This does not augur well for London's chances.
The other odds are 13/2 Madrid, 12/1 New York, 33/1 Moscow.