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The Grand Old Party (GOP), more popularly coined the Republican Party, lost control of the White House roughly two and a half years ago with the election of Barrack Obama as the 44th President of the United States.
Now, with the eyes on the 2012 Election, several Republican candidates are beginning to formulate their plans for a campaign and announcing their intention to run for the official party nominee for the election in November of next year.
Oddsmakers have formulated betting lines for the Republican nominee for President of the United States as well, with politics often becoming a hot topic on many online sportsbooks. The Latest Betting Lines for the 2012 Republican candidate for President in 2012 show Mitt Romney at 5/2 on Intertops Sportsbook. at 5/2 or 2.5/1, for every $1 risked at $2.50 profit is returned should the front-runner win the nomination for President.
Just behind Romney in terms of the latest betting odds for the 2012 Republican candidate nomination is Tim Pawlenty. Pawlenty was a two-term governor from the state of Minnesota and has been picking up steam in the Republican party. He is going off at 7/2 on current Republican candidate nomination betting lines at Intertops Sportsbook, just behind the leader in Romney. Getting slightly high odds, every $2 risked would kick back a profit of $7 should Pawlenty win the nomination with the wager placed on him.
The Ames Straw Poll, widely considered a tradition that spearheads the course for the front-runners in the Republican nomination will take place on August 13, 2011. Here, the straw poll can often make or break a campaign, as candidates gauge where they stand with their party and the American public.
The Iowa caucuses begin on February 6th, 2012, which officially kicks off the start of the race for the nomination during the voting process.
As the election and nominations continue to move forward, odds to win the Republican nomination will continue to be formed as candidates gain momentum or drop out.