As you said, the deadline for submitting bids to host the 2016 Olympics has now passed. In June 08 the bids that have been accepted will be announced. All the cities whose bids have been accepted remain in the running until 2nd October 2009, when the winning city is announced.

You're right that London won over Paris for the 2012 Olympics, but at the start of the day (5 July 2005) all 5 candidate cities were still in the running and each gave a presentation. There were then 4 rounds of voting, with one city eliminated in each round. In the final round of voting London beat Paris.

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