Romney Sets to Get His Mitts on South Carolina

Image by Dave Delay via Flickr

Mitt Romney was the 1/12 red -hot favorite with Europe’s largest betting company Paddy Power to win this Saturday’s South Carolina primary. Romney who has already notched wins in Iowa and New Hampshire is followed in the betting by former Speaker of the House of Representatives Newt Gingrich at 5/1 and Ron Paul at 14/1.

Further down the list at 16/1 is Rick Santorum who came so close to shocking Romney in Iowa while Rick Perry props up the market at 40/1.

With Romney so far ahead of the chasing pack in the betting, Paddy Power is also running a market without him in the South Carolina primary. Here, Newt Gingrich is the favorite at 4/7 followed by Ron Paul at 6/4, Rick Santorum at 13/2 and Rick Perry at 25/1.

A spokesperson for Paddy Power said: “Mitt Romney continues to build momentum and looks unstoppable at the minute. The rest of the candidates aren’t throwing in the towel just yet but it looks as though they face an uphill struggle.” 

South Carolina Primary

• 1/12    Mitt Romney
• 5/1     Newt Gingrich
• 14/1    Ron Paul
• 16/1    Rick Santorum
• 40/1    Rick Perry

South Carolina Without Romney

• 4/7       Newt Gingrich
• 6/4       Ron Paul
• 13/2      Rick Santorum
• 25/1      Rick Perry

Republican Presidential Nomination

• 1/14    Mitt Romney
• 14/1    Ron Paul
• 20/1    Rick Santorum
• 20/1    Newt Gingrich
• 80/1    Rick Perry

Next President (Winning Candidate)

• 8/11    Barack Obama
• 5/4     Mitt Romney
• 20/1    Ron Paul
• 28/1    Newt Gingrich
• 40/1    Hilary Clinton
• 50/1    Rick Santorum
• 125/1  Rick Perry

Winning Party

• 8/11    Democrats
• Evens  Republicans
• 66/1    Any Other

Paddy Power is Ireland’s largest bookmaker and a leading provider of gaming services in the UK, Australia and Ireland. Founded in 1988 Paddy Power is a publicly quoted company and is listed on both the Irish and London Stock Exchanges.

Paddy Power Contact details:

Féilim Mac An Iomaire/ Paddy Power plc/ Tel: ++353 87 160 7024/ Feilim.macaniomaire@paddypower.com

To read my previous articles visit Pruelpo Shares: The Significance of February Fourteen