Political Prediction Market: Cruz leading Trump for nomination

Story highlights

  • Ted Cruz is leading again for the Republican nomination on CNN's Political Prediction Market
  • The Texas senator is at 32% odds to win the nomination

Washington (CNN)Ted Cruz is leading again for the Republican nomination on CNN's Political Prediction Market.

The Texas senator is at 32% odds to win the nomination, at the top of the Republican pack. Donald Trump is second with his odds at 28% and Florida Sen. Marco Rubio is in third place with his odds at 27%.
CNN's Political Prediction Market, administered by a company called Pivit, is game that factors polls and other elements and invites users to predict where the election will go. The markets change as the public weighs in on the increasing or decreasing chance that a candidate or party wins or loses an election. It should not be confused as a survey from real voters.
    Cruz first took the lead on December 22, lost the lead to Trump on December 30 and then regained the lead Tuesday around 12 p.m. E.T.
    In the Prediction Market, Iowa still belongs to Cruz, with his chances of winning the Hawkeye State at 82%. Trump is second with 14%, with his odds declining, and Rubio is at 3% odds.
    The Iowa caucus is the first electoral event of 2016, which falls on February 1.
    For Democrats, Hillary Clinton is still beating rival Vermont Sen. Bernie Sanders for the nomination by a substantial amount -- 93% to 9%. Democrats also have a 59% chance to win the election, compared to Republicans 41% chance.