The five cities looking to host the 2012 Summer Games submitted bids to the International Olympic Committee on Monday, with Paris the front-runner to win next year's vote.

London, Madrid, New York and Moscow also turned in documents, each book totaling more than 550 pages. The IOC will evaluate such credentials as venues, security, transportation, hotels and financing.

“The bid document in itself is not enough to get you across the line, but it will make your bid better," said London 2012 chairman Sebastian Coe, the Olympic 1500-meter champion in 1980 and 1984. “This is what I would describe as the business of the race. You're not quite into the last lap, but you're just beginning to group at the bell."

The IOC evaluation commission travels to the candidate cities early next year, and will give its recommendations to the 100-plus IOC members a month before they vote by secret ballot in Singapore on July 6.

British bookmaker Ladbrokes on Monday installed Paris as the 1-2 favorite to host its third Olympics after holding the games in 1900 and 1924. London, the 1908 and 1948 host, was at 3-1, with Madrid at 4-1, New York at 14-1 and Moscow, the 1980 host, at 33-1.

Paris has much of the infrastructure in place after hosting soccer's World Cup in 1998.

“We are not overconfident but we feel, due to all the work and checking that has been done and the support from the French government, politicians, IOC members, athletes and community leaders, we think we have put together the best of France," Paris 2012 spokesman Jerome Lenfant said.

London plans to regenerate a rundown area of east London, building an Olympic Park. London's bid also includes landmarks such as Wimbledon, the new Wembley Stadium and Hyde Park.

New York's bid is backed by U.S. Olympic Committee chairman Peter Ueberroth, who ran the 1984 Los Angeles Olympics.

“I believe most IOC members will make their decision based on how sport, the athletes and the Olympic movement will be best served, not a global popularity contest. New York's bid stands tall in each of those categories,'' Ueberroth wrote in The New York Times on Sunday.

New York is anchoring its bid on a plan for a stadium on Manhattan's West Side that would be home to the New York Jets.

Geography could hurt the New York bid because voters might be reluctant to award the games to North America again following Atlanta (1996, summer), Salt Lake City (2002, winter) and Vancouver, British Columbia (2010, winter). Also, the Salt Lake City Olympics were overshadowed by a bribery scandal. IOC members have since been barred from visiting bid cities.

Madrid plans to host all 25 Olympic disciplines in three areas in close proximity, with 70 percent of the proposed infrastructure already built. The Spanish capital also sought help from organizers of the successful 1992 Barcelona Games.

Moscow's bid features venues along the Moscow River, historically the main artery of the 12th century city.

“We have a very compact concept of running the Olympic Games - all the contests will take place in the same city, in Moscow," Moscow bid spokeswoman Zoya Volovets said.

The IOC's 11-member evaluation commission, led Morocco's Nawal El Moutawakel, will visit Madrid on February 3-6, London on February 16-19, New York on February 21-24, Paris on March 9-12 and Moscow on March 14-17.