British betting site has Bachmann favored to win Iowa caucuses with improved odds, now 7 to 4

The British bookmaking site Ladbrokes.com has Minnesota Congresswoman Michele Bachmann favored to win the Iowa Republican presidential caucuses at odds of 7 to 4. She was at 5 to 2 just weeks ago. If you are using horse-racing strategy, though, and looking for a "good price" — a candidate with a good shot of winning but longer odds and a better payday -- Texas Gov. Rick Perry has the right stuff for Iowa and is likely to enter the race. He's at 6 to 1 for the Iowa caucuses. President Obama remains at 1 to 2 to retain the White House in 2012 -- making him a Triple Crown favorite in the betting for the general election.

Interestingly, Bachmann's odds of winning the GOP nomination dip to 6 to 1 and her odds of capturing the White House in a race with Obama canyon-dive to 20 to 1. Former Massachusetts Gov. Mitt Romney's Labbrokes odds are 11/8 to come away with the GOP nomination for 2012, and 5 to 1 to beat Obama.

Iowa Caucuses Odds

Michele Bachmann 7/4
Mitt Romney 7/2
Tim Pawlenty 4/1
Rick Perry 6/1
Sarah Palin 10/1
Jon Huntsman 12/1
Herman Cain 14/1
Rick Santorum 20/1
Newt Gingrich 33/1
Ron Paul 33/1
Gary Johnson 50/1

Odds of Winning GOP Nomination

Mitt Romney 11/8
Tim Pawlenty 5/1
Rick Perry 5/1
Michele Bachmann 6/1
Jon Huntsman 10/1
Sarah Palin 14/1
Rudy Giuliani 25/1
Herman Cain 25/1
Newt Gingrich 33/1
Ron Paul 40/1
Rick Santorum 66/1
Gary Johnson 66/1
Thaddeus McCotter 66/1

General Election Odds

Barack Obama 1/2
Mitt Romney 5/1
Tim Pawlenty 12/1
Rick Perry 14/1
Jon Huntsman 20/1
Michele Bachmann 20/1
Sarah Palin 33/1
Rudy Giuliani 50/1
Herman Cain 50/1
Ron Paul 66/1
Newt Gingrich 66/1
Rick Santorum 150/1
Gary Johnson 150/1
Thaddeus McCotter 150/1

Sarah Huckabee Sanders Joins Pawlenty for President as Senior Political Adviser

Press Release

URBANDALE, IOWA – Sarah Huckabee Sanders is joining Gov. Tim Pawlenty’s presidential campaign as senior political adviser. She begins her new role in the campaign’s Iowa headquarters today, taking the lead for the campaign on the Iowa Straw Poll effort with a focus on expanding the campaign’s grassroots operations across the first-in-the-nation caucus state.

“Sarah is a results-oriented person with a great track record in Iowa and around the country,” Gov. Pawlenty said. “We are very excited Sarah is joining our team just as we are hitting our stride in Iowa.”

“I’m delighted to join the Governor and First Lady in Iowa, which holds a special place in my heart,” Sanders said. “It’s clear to me that Gov. Pawlenty has what it takes to unite the party, unite the country and beat President Obama.”

In 2007-08, Sarah Huckabee Sanders helped lead her father, former Arkansas Gov. Mike Huckabee, to victory in the Iowa caucuses as his national political director. In 2010, she was campaign manager for John Boozman’s successful U.S. Senate campaign in Arkansas. Sarah was recently named one of TIME Magazine’s “40 under 40” and is widely recognized to be one of the best political operatives of her generation. Sarah is a full-time consultant with Tsamoutales Strategies, a transnational consulting firm.

FDR 1936 I welcome their hatred

Governor Tim Pawlenty TV Ad: Results, Not Rhetoric