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London 2012 Olympics played host to one of the most thrilling events in the competition last night as Jamaican sprinter Usain Bolt confirmed his title of being the fastest man on Earth after another 100m men’s final victory that saw him break the Olympic record, completing the race in just 9.63 seconds.

Bolt entered into the race as a favourite despite previously been beaten over the same distance by fellow Jamaican Yohan Blake, who took the silver medal after completing the distance in 9.75 seconds, giving Jamaica a first and second place finish in one of the most anticipated events in the whole Olympic schedule, while the United States completed the podium finishes with a bronze medal for Justin Gatlin.

Following his recent success and retention of his title of being the fastest man on Earth, Bolt has seen his odds slashed for the upcoming men’s 200m sprint which will take place 7th August 2012 at 11.50am and will once again see Bolt and Blake dominate the betting stakes with both Jamaicans demanding short odds based on their performance in the 100m event.

Bolt and Blake are priced at 1/5 and 7/2 for the event according to free betting site, who also reveal that remaining contenders are offered at some of the longest odds seen in the event, the closest participant in terms of betting odds being Wallace Spearmon at 40/1.

Jamaica have shown a firm standing within the track and field section of the Olympic tournament and due to their success thus far, they have become favourites for a number of sprint related events, including the Men’s 4 x 100m Relay, becoming priced ahead of the United States who entered into the beginning of the competition as one of the stand out countries across a number of events within the track and field events within the competition.

Although the United States have seen their odds be made slightly longer due to the Jamaican presence in the competition, they have retained their status as betting favourites across longer distance running, the men’s 4 x 400m Relay showing the USA to be clear favourites at 1/4 while Team GB are offered at 25/1.

Great Britain have shown a strong push towards their target of obtaining more Olympic medals than they were able to claim in Greece back in 2008, ranking third within the medals table as the athletes go into competition today but bookmakers are not favouring an overall victory for Team GB as both China and USA dominate the headlines within the Olympic betting spectrum.

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