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Pruelpo Shares: Betting Company Refunds on Santorum $6,422

Could it be possible that Politics is a form of gambling? The Irish betting company Paddy Power yesterday refunded just over €5,000 ($6,422) to customers who placed a bet on Rick Santorum to win the Iowa caucus, after the former Pennsylvania Senator lost to Mitt Romney by eight votes.

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A spokesperson for Paddy Power said:  “Having lost by only 8 votes the Rick Santorum supporters had every reason to be disappointed but as far as we’re concerned the margin for error is just too small and we’ve decided to refund the money.”

Elsewhere, Mitt Romney is the clear favourite at 1/25 with Paddy Power to win next weeks New Hampshire primary. He’s followed in the betting by Rick Santorum at 16/1 and Jon Huntsman at 18/1, while Rick Perry is the rank outsider at a massive 80/1.

As of 2:37PM today, the Betting Company Paddy Power has released the new results of Iowa Caucus:

New Hampshire Primary

1/25    Mitt Romney
16/1    Rick Santorum
18/1    Jon Huntsman
20/1    Ron Paul
25/1    Newt Gingrich
80/1    Rick Perry

Republican Presidential Nomination

1/5    Mitt Romney
10/1    Rick Santorum
14/1    Ron Paul
16/1    Newt Gingrich
20/1    Jon Huntsman
50/1    Rick Perry

Next President

8/11    Barack Obama
13/8    Mitt Romney
20/1    Hillary Clinton
25/1    Ron Paul
25/1    Rick Santorum
33/1    Newt Gingrich
40/1    Jon Huntsman
100/1    Rick Perry

Paddy Power’s contact details:

Féilim Mac An Iomaire
Paddy Power plc
Tel: ++353 87 160 7024

To read my previous article Pruelpo Shares: Paddy Power Have Made Romney The Favourite as Iowa Caucus Kicks Off

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User Comments
  1. mdrkarim7

    On January 5, 2012 at 9:08 am


    You must be a politics lover!

  2. Rosettaartist1

    On January 5, 2012 at 9:22 am


    good article.

  3. golden boy

    On January 5, 2012 at 9:24 am


    It is a proven fact that most countries today uses politics a form of gambling. I remember what one of my instructor said: “politics is one of the dirtiest jobs”….In my opinion, we can already sense and observe it in our country…thank you for sharing…

  4. aheed411

    On January 5, 2012 at 9:44 am


    Very nice

  5. sheilanewton

    On January 5, 2012 at 12:22 pm


    You sure do your homework when you write an article ppruel. Great stuff. I enjoyed it.

  6. Thell Stars

    On January 5, 2012 at 12:23 pm


    great option

  7. sheilanewton

    On January 5, 2012 at 2:29 pm


    What a thoroughly researched article. Love it. Thanks for the great share. Happy New 2012 to you.

  8. SharifaMcFarlane

    On January 5, 2012 at 5:07 pm


    Only confirms what I already suspected ;-)

  9. lapasan

    On January 5, 2012 at 8:49 pm


    Politics and gambling should not go together.

  10. realityspeaks

    On January 6, 2012 at 12:07 pm


    Nice share

  11. pruelpo

    On January 9, 2012 at 3:41 am


    All your comments are commendable. Thank you so much my friends. Cheers!

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