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Barack Obama could be set to lose 2012 US Presidential race

(credit: Publik18)
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Barack Obama remains the bookmaker favourite to be US President for a second term, although Rick Perry or Mitt Romney could be tough opposition

Barack Obama is being deserted by punters in the US presidential race according to Ladbrokes.

The incumbent President was all the rage to secure another term earlier in the year hitting a low of 1/2 shortly after he oversaw the execution of Osama Bin Laden but has been on the drift since then as political punters stick with Mitt Romney (9/2) and Rick Perry (9/2) in the race to the Whitehouse.

Of the two Republican candidates it's Perry at 6/4 who is fancied to secure the nomination over Romney (7/4).

Alex Donohue of Ladbrokes told Bettingpro: "Obama looked nailed on earlier in the year. Punters now think the Republicans will give him a run for his money with Perry leading the charge

Ladbrokes latest betting

Democrats - 8/13
Republicans - 6/5

2012 US Presidential race

Barack Obama - 4/5
Mitt Romney - 9/2           
Rick Perry - 9/2
Michele Bachmann - 16/1
Tim Pawlenty - 25/1          
Sarah Palin - 33/1               
Jon Huntsman - 33/1

40/1 bar

Republican nominee

Rick Perry - 6/4
Mitt Romney - 7/4
Michele Bachmann - 6/1 
Tim Pawlenty - 14/1          
Jon Huntsman - 14/1        
Sarah Palin - 14/1
25/1 bar

Iowa Republican Caucus

Michele Bachmann - evens
Rick Perry - 5/2   
Mitt Romney - 9/2             
Sarah Palin - 8/1 
Tim Pawlenty - 10/1

16/1 bar

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Barack Obama could be set to lose 2012 US Presidential race

Barack Obama remains the bookmaker favourite to be US President for a second term, although Rick Perry or Mitt Romney could be tough opposition

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