Bookies like Romney, bet win streak will continue

Europes largest betting company Paddy Power have installed Mitt Romney as 2/5 favourite for the South Carolina primary after the former Massachusetts Governor romped home to victory in the New Hampshire primary.

Romney’s nearest rival in the betting is Newt Gingrich at 7/2 followed by Rick Santorum at 11/2 and Ron Paul at 25/1 with Rick Perry and John Huntsman propping up the market at 33/1 and 100/1 respectively.

Paddy Power now have Romney as the clear favourite for the Republican nomination at a miniscule price of 1/8 with his closest contenders Texan libertarian Ron Paul and former Speaker of the House of Representatives Newt Gingrich both available at 14/1.

South Carolina Primary
2/5 Mitt Romney
7/2 Newt Gingrich
11/2 Rick Santorum
25/1 Ron Paul
33/1 Rick Perry
100/1 John Huntsman

Republican Presidential Nomination
1/8 Mitt Romney
14/1 Ron Paul
14/1 Newt Gingrich
25/1 Rick Santorum
33/1 John Huntsman
66/1 Rick Perry

Next President
8/11 Barack Obama
6/4 Mitt Romney
25/1 Ron Paul
25/1 Newt Gingrich
40/1 Hilary Clinton
40/1 John Huntsman
50/1 Rick Santorum
125/1 Rick Perry

Winning Party
8/11 Democrats
Evens Republicans
66/1 Any other