Political Prediction Market: Donald Trump’s nomination odds sink as Ted Cruz surges
By Gregory Krieg
(CNN) — A strong Super Saturday performance has given Ted Cruz a big boost in CNN’s Political Prediction Market, while Donald Trump has seen his odds of claiming the Republican nomination drop 15% in less than 24 hours.
Powered by a combination of polling and forecasts from more than 100,000 users, the live probabilities generated by Pivit now have the brash billionaire at 63% to win the GOP nod — down from 78% before polls opened.
Cruz, who scored strong wins in the Kansas and Maine caucuses, has been the beneficiary of Trump’s woes, gaining 15% from Saturday morning to put him at 25% odds to earn the nomination.
Florida Sen. Marco Rubio, meanwhile, currently sits as a 6% underdog shot to upend the field.
Pivit has a partnership with CNN for users to play and predict the outcome of the 2016 election.