High Quality Content by WIKIPEDIA articles! The 2012 FIBA World Olympic Qualifying Tournament was a men`s basketball tournament that consisted of 12 national teams, where the top three teams earned a place in the 2012 Olympics basketball tournament. It was held on 2–8 July 2012 in Caracas, Venezuela. Unsuccessful bids to host the tournament were made by Angola, Macedonia and Lithuania. The host was determined on a meeting of the FIBA Central Board held on 10–11 December 2011 in Madrid, Spain. The draw was held on 31 January 2012 in Caracas.