(The Spread) – In exactly two months to the date the United States presidential election of 2012 will be held and oddsmakers have updated the odds for the winning party.

Who will be the winning party at the 2012 U.S. presidential election? The Democratic Party remains favored at –205 on the money line, while the Republican Party remains the underdog at +165 on the money line.

Just over a month ago when oddsmakers updated the odds, current United States President Barack Obama was favored at –155 on the money line over Mitt Romney, who was +145. The winner will of course be determined by who receives the Majoirty Electoral Votes in the U.S. presidential election of 2012.

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At the time, Chris Christie and Kelly Ayotte were +2500 to win, while Mitch Daniels was +400 and Bob McDonnell and Nikki Haley were +5000, respectively. Susana Martinez was also a +5000 long shot.

Election Day is set for November 6, 2012 and on December 17, 2012 the Electoral College will formally elect a President and a Vice President. On January 3, 2013 the new Congress will be sworn in and three days later Electoral votes are formally counted before a joint session of Congress. January 21, 2013 is Inauguration Day.

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