Iowa Republican Caucus betting - gamble on Rick Santorum Visit Ladbrokes Save For Later Posted by Bettingpro Staff 2 Jan 2012 Tweet United States vice-president Joe Biden talks with former govenor Mitt Romeny and Mike Eruzione attend women's ice hockey preliminary game between United States and China at UBC Thunderbird Arena on February 14, 2010 in Vancouver, Canada. Related Articles See all US Elections news Share it Pin It The Iowa Republican Caucus latest odds suggest that Rick Santorum and Ron Paul are neck and neckRick Santorum is mounting a late surge in his bid to win the Iowa Republican Caucus according to Ladbrokes. The bookmakers report that his odds of winning the race have plummeted to just 9/4 and continue to shorten meaning it's highly likely that either Santorum or Ron Paul (also 9/4) will depose Mitt Romney to become the seventh different favourite for the Caucus since betting began. Michelle Bachman drifts to 66/1 and Rick Perry remains 25/1 having been the subject of money in the opening betting heats. Incumbent President Barack Obama remains odds-on at 8/11 to secure a second term, despite drifting from a low of 1/2 in the immediate aftermath of the killing of Osama Bin Laden last year. Mitt Romney is the 2/1 second favourite and by far the Republican candidate with the shortest odds at this stage from Ron Paul (16/1) and Newt Gingrich (16/1). Worldwide betting records for money staked on a political event set during the 2008 Election also look likely to be smashed as bookmakers gear up to take over a hundred million pounds worth of bets in addition to money laid from the first day of Obama's term. Alex Donohue of Ladbrokes told Bettingpro: "Obama's victory last time capped off one of the most thrilling exchanges in political betting history. There's every chance events this year will eclipse that as he clings onto favouritism."He added: "Santorum is on the charge at just the right time and he's the Republican for the hot money in Iowa."Ladbrokes latest betting2011 US Presidential raceBarack Obama - 8/11Mitt Romney - 2/1Ron Paul - 16/1Newt Gingrich - 16/1Rick Santorum - 33/1Hilary Clinton - 40/1Rick Perry - 40/1John Huntsman - 40/1Michele Bachmann - 100/1Gary Johnson - 200/1Winning PartyDemocrats - 7/10Republicans - 11/10In dependant - 50/1Republican NomineeMitt Romney - 4/11Newt Gingrich - 8/1Ron Paul - 8/1Rick Santorum - 12/1Rick Perry - 20/1Jon Huntsman - 25/1Michele Bachmann - 50/1Iowa Republican CaucusMitt Romney - 5/4Ron Paul - 9/4Rick Santorum - 9/4Newt Gingrich - 25/1Rick Perry - 25/1Michele Bachmann - 66/1Jon Huntsman - 100/1Ron Paul Vote share30%+ - 10/125-30% - 5/120-25% - 9/415-20% - 2/110-15% - 9/2Under 10% - 14/1 Read our Ladbrokes review Use code MAXIMUMBONUS to get £50 free at Ladbrokes Like Like Post to wall 227 Reads All Political Betting News Recent Political Betting Articles US Presidential Election Betting – Palin to make late stand?08 Mar 2012William Hill have reacted to speculation that Sarah Palin could be about to spoil Mitt Romney’s ele US Presidential Election Betting – Romney on track07 Mar 2012William Hill have again shortened the odds on Mitt Romney being the Republican representative for t Mitt Romney favourite to win several US primaries05 Mar 2012Mitt Romney is available at odds of 10/11 to claim six or more Super Tuesday states Mitt Romney to enjoy Super Tuesday primaries04 Mar 2012With the Republican presidential candidates gearing up for Super Tuesday, Paddy Power have installe US Presidential Election Betting – Obama odds shortened25 Feb 2012William Hill continue to make Barack Obama their favourite to win the 2012 US Presidential Election. Next US President Betting – Romney closing on Obama05 Feb 2012William Hill have made Mitt Romney their second favourite to win the 2012 Presidential Election. More Stories Recent Articles Ladbrokes Mobile Promotion Code MAX gets you a £75 free bet26 May 2012Ladbrokes have a special mobile promotion code which means new customers get a free £75 bet when th Dalian Shide v Liaoning Hongyun live stream preview26 May 2012Tenth plays host to eighth in the Chinese Super League on Sunday with Dalian Shide taking on Liaoni Monaco Grand Prix Betting – Webber on pole after Schumacher demoted26 May 2012Red Bull’s Mark Webber is the 13-8 favourite with Coral bookmakers for Sunday’s Monaco Grand Prix. Changsha Ginde v Changchun Yatai live stream preview26 May 2012The Chinese Super League continues on Sunday with Changsha Ginde looking to improve their chances o Norway v England - Wayne Rooney rested by Roy Hodgson26 May 2012Wayne Rooney will not be involved when England visit Norway for the first of their two Euro 2012 wa Table Tennis Challenger Series Live Streaming - Monday, May 2826 May 2012The top three in the Table Tennis Challenger Series are in action this week with Thomas Keinath eag More Stories Tags Iowa Republican Caucus, Iowa Republican Caucus Betting, Iowa Republican Caucus Odds