The goal of the site, which was originally named Torontosummergames.com, was to follow the bid by the city of Toronto to organize the Games of the XXIXth Olympiad in 2008. After Beijing was eventually elected to host the Olympic Games, the site continued to operate, generally addressing and analysing the overall Olympic bid business.
The site has also been the source of a few scoops, for instance when one of the forum members discovered the trademark filing of the Beijing 2008 logo, providing the information before it was due to be released to the public.
Many international websites, newspapers, and news stations have mentioned Gamesbids in connection to the Olympic Movement, for instance the International Herald Tribune  and The New York Times that wrote "GamesBids.com, an influential, independent Web site based in Canada that looks at the business of the bidding process."
GamesBids.com is also well-respected by key industry insiders. Baku 2020 Olympic bid chief Konul Nurullayeva said "GamesBids" is one of the most influential websites that disseminate information about the preparation for the Olympics, the election process and the candidate-cities."
The site publishes and regularly updates the BidIndex, an Olympic bid rating system in which the relative strength of the different bids and their chances of succeeding is measured. The BidIndex was correct when it predicted Beijing, though wrong with Vancouver, London and Sochi. The prediction model is further enhanced after each bid. Recently, BidIndex accurately predicted Rio de Janeiro for the 2016 Summer Olympics, Pyeongchang for the 2018 Winter Olympics and Tokyo for the 2020 Summer Olympics.
Initial BidIndex scores for the 2020 Summer Olympics bids were released on 14 May 2012. While Istanbul led early in the race, Tokyo took over the lead in May 2013, and maintained that lead going to the vote, where Tokyo was elected as the host city.
|14 May 2012||60.20||55.10||59.92|
|28 Feb 2013||61.78||57.29||61.07|
|27 May 2013||61.96||56.49||62.31|
|2 Sep 2013||61.45||58.76||62.14|
The initial 2020 BidIndex published on 14 May 2012 also included 3 cities that did not reach candidate status. Rome, who prepared an application file but did not eventually apply, scored 53.66. Baku and Doha did not make the shortlist of candidate cities, they scored 43.66 and 53.08 respectively.
Cities are sorted by final BidIndex score for each Games. Only cities who progressed to the voting stage are shown. The final BidIndex scores are published before the election night, and therefore does not take into account factors such as the quality of each candidate city's final presentations.
|Games||City||Final BidIndex Score||Voting Outcome||R1||R2||R3||R4|
|2020 Summer Olympics||Tokyo||62.14||Won||42||-||60|
|Istanbul||61.45||Eliminated in Round 3||26||49||36|
|Madrid||58.76||Eliminated in Round 2||26||45||-|
|2018 Winter Olympics||Pyeongchang||66.17||Won||63|
|Munich||65.83||Eliminated in Round 1||25|
|Annecy||54.86||Eliminated in Round 1||7|
|2016 Summer Olympics||Rio de Janeiro||61.42||Won||26||46||66|
|Chicago||61.24||Eliminated in Round 1||18||-||-|
|Tokyo||59.02||Eliminated in Round 2||22||20||-|
|Madrid||57.80||Eliminated in Round 3||28||29||32|
|2014 Winter Olympics||Pyeongchang||64.99||Eliminated in Round 2||36||47|
|Salzburg||62.62||Eliminated in Round 1||25||-|
|2012 Summer Olympics||Paris||66.18||Eliminated in Round 4||21||25||33||50|
|Madrid||61.22||Eliminated in Round 3||20||32||31||-|
|New York||57.59||Eliminated in Round 2||19||16||-||-|
|Moscow||49.58||Eliminated in Round 1||15||-||-||-|
|2010 Winter Olympics||Salzburg||66.82||Eliminated in Round 1||16||-|
|Pyeongchang||60.05||Eliminated in Round 2||51||53|
|2008 Summer Olympics||Beijing||75.44||Won||44||56|
|Toronto||63.79||Eliminated in Round 2||20||22|
|Paris||58.71||Eliminated in Round 2||15||18|
|Istanbul||53.94||Eliminated in Round 2||17||9|
|Osaka||53.81||Eliminated in Round 1||6||-|
- Reuters. "Olympics: Bid pundits say London is eroding Paris's lead". International Herald Tribune. Retrieved 2006-10-21.
- Macur, Juliet. "Chicago 2016 Offers the I.O.C. a Compact Games Plan". New York Times. Retrieved 2012-02-26.
- Nurullayeva, Konul. "Baku leads in survey of international information portal to host the Olympics in 2020". Trend.az. Retrieved 2012-02-26.
- GamesBids.com - BidIndex - 2011-09-16
- BidIndex: Istanbul, Tokyo Lead 2020 Olympic Bid in Volatile Race - 2012-05-14
- BidIndex: Tokyo Wins Bid to Host the Olympic Games in 2020 - 2013-09-08