Prediction Markets Show Cruz Craters After Deal With Kasich; Fiorina, Pence Not Boosting Him
Breitbart ^ | 2 May 16 | Boyle & Badolato
Posted on 5/2/2016, 6:26:21 AM by xzins
The data compiled here on Breitbart News comes from PredictIt, a betting market that creates an almost free market interpretation of what might happen in a given political election.
The Texas senator had been above 50 cents— But, after the (Kasich) deal, Cruz has crashed and despite two desperate measures—the announcement of his vice presidential pick Carly Fiorina and the Pence endorsement—has not recovered.
Almost instantly after the Pence deal, Trump took a commanding lead over Cruz. While at one point on April 24 the markets had Trump under 40 cents, by midday April 25, the markets—in response to the Cruz-Kasich deal—had corrected themselves to have Trump at over 60 cents. Since then, the markets have only benefited Trump with just small upticks for Cruz that undo themselves moments later when he announced Fiorina as his running mate and when he received the tepid backing of Pence, Indiana’s governor.
Trump, with new polling showing him well over double digits ahead of Cruz in the Hoosier State, has now skyrocketed way ahead of the Texas senator there—and is widely expected by financial analysts to win the state on Tuesday. Heading into Sunday, Trump was close to 75 cents—and he is now over 90 cents projected to be the winner.
“The markets have really been ahead of the polling and ahead of the pundits,” Rothschild said. But your best bet for accurate and reliable political predictions, it turns out, is actually the marketplace.”
It appears as though Cruz is headed for an epic defeat on Tuesday in Indiana, If Cruz loses in Indiana, it is widely expect that Donald Trump will win the GOP nomination for the presidency outright before the Republican National Convention in Cleveland in July—and that neither Cruz nor anyone else including Kasich will be able to stop him.
http://www.freerepublic.com/focus/f-news/3426549/posts
It appears as though Cruz is headed for an epic defeat on Tuesday in Indiana
For two reasons:
1) I strongly support Trump for President
2) I strongly detest Cruz as a despicable person and fake-American
In that order.