UPDATE: According to The Washington Post, Amazon has advanced its discussions on a second headquarters to Crystal City, Virginia. Per the Post, officials in the area are expected to make an announcement in November. Amazon HQ2 odds are off the board at sportsbooks, but Northern Virginia was a huge -290 favorite as of October 26.
The race to host Amazon’s second headquarters has been narrowed down to 20 cities, and even the sports betting world is getting in on the action when it comes to deciding where the behemoth company will plant down roots next.
Online shop Bovada has updated its odds on which area will be chosen for Amazon HQ2, with Northern Virginia as the heavy -290 favorite. Boston (+600), Washington, D.C. (+1000), Atlanta (+1000), Toronto (+1200), Austin (+1400), Pittsburgh (+2000), Montgomery County, Maryland (+2500), Raleigh (+3000) and Philadelphia (+4000) round out the top 10.
Those numbers look much different compared to late August, when Northern Virginia was the +240 fave. Boston was +450 at the time, while Washington’s odds were much higher than they currently are at +350.
Where will Amazon go next?
Based out of Seattle, Washington, it was inevitable that Amazon would branch out. The company states it expects to invest over $5 billion in construction to include as many as 50,000 high-paying jobs to whichever area it heads next. From 2010 to 2016, Amazon estimates its investments in Seattle added $38 billion to the city’s economy.
In 2017, more than 100,000 small businesses each made over $100,000 in sales on Amazon, with the website shipping two billion items to customers in 185 countries. It’s safe to say whichever place lands Amazon HQ2 will establish itself as a leading tech hub in North America.
In all, 238 cities and regions applied to bring the company to town, so making the cut is a big deal. Do you think you know where Amazon HQ2 is going? Head over to Bovada to get your wager in now.