(The Spread) – It’s time to take a look at the updated 2012 U.S. Presidential Election odds.

Current United States President Barack Obama is favored at –155 on the money line over Mitt Romney, who is +145 on the money line. The winner will be determined by who receives the Majority Electoral Votes in the 2012 U.S. Presidential Election.

2012 Republican Vice Presidential Nomination odds to win reveal that Bob Portman and Tim Pawlenty are both +220 on the money line, respectively. Marco Rubio is +300 on the money line, while Condoleeza Rice and Paul Ryan are both +1000, respectively. Bobby Jindal and John Thune, meanwhile, are both +1500 to win, respectively.

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Continuing with the 2012 Republican Vice Presidential Nomination odds, Chris Christie and Kelly Ayotte are +2500 to win, while Mitch Daniels is +400 and Bob McDonnell and Nikki Haley are +5000, respectively. Susana Martinez is also a +5000 long shots.

Who will be the winning party in the 2012 U.S. Presidential Election? The Democratic Party is the favorite at –190 while the Republican Party is +155.

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