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Republicans John McCain and Fred Thompson were vying for a third place finish in Iowa with 80% of the precincts reporting. The two were in a dead tie for third in the Caucus, both with just over 13%. Thompson is rumored to be ready to drop out of the race if he fails to crack the top three. For McCain, a third place finish would bring great momentum coming into New Hampshire, where he has been leading in the polls. A New Hampshire win means McCain could once again become the favorite to win the GOP. Mitt Romney's disappointing second place finish in Iowa after spending significant money there places more pressure on the former Massachusetts Governor who must win in his neighboring state of New Hampshire. Mike Huckabee won the Iowa Caucus by a landslide but is said to be lacking funds. Heading into Iowa, his numbers were lagging in New Hampshire. It is unclear whether the Iowa win will help boost his momentum in the "Live Free or Die" state, where a first or second place win may be necessary to keep him going for the long term. Ron Paul, with his huge support base, came in with around 10% of the vote, which mirrored many of the polls. Some bright news for Paul supporters is that he performed well in Johnson County, which is home to Iowa City and its large college population. Ron Paul was coming in third with more than 16% of the votes from that county. Polk Country, Iowa's largest and home to Des Moines, had Paul placed around 9%. Ron Paul has a huge treasure chest to continue campaigning for some time. Democrat Chris Dodd announced he will be dropping out of the race. Watch for the latest update betting odds to win the 2008 US Presidency at Sportsbook.com where Gambling911.com is predicting that both John McCain and Ron Paul will have exceptional value over the next week while Obama could be instilled as the new favorite to become the next President of the United States. IOWA PRIMARY LATEST NEWS FROM GAMBLING911.COM ---- Carrie Stroup, Gambling911.com Originally published January 4, 2008 10:40 pm EST
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John
McCain Fred Thompson
Duke It Out for
Third in Iowa Caucus