Article: 2012 SUMMER OLYMPICS SELECTION; GAMESMANSHIP; New York City officials hope for a surprise announcement on Wednesday, but Paris seems to be the overwhelming favorite to play host to the world seven years from now.(SPORTS)

Byline: Jay Weiner; Staff Writer

New York, N.Y. -- In this race - one part sports, one part geopolitics, many parts unpredictable - New York is pumping its arms, trying to make it close. Ahead jogs cool Paris, poised to win.

Here comes London, stretching to eke out victory. Madrid? Outside chance. Moscow? Nyet. Wednesday, the International Olympic Committee will give one of those cities a five-ringed jewel, seven-year headache and $12 billion tab to play host to the 2012 Summer Olympics.

"Most of the action is coming in on Paris," said Shane Rogers, a London-based bookmaker for Pinnacle Sports, which has posted Paris' odds at 1-4 and New York's ...

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