Rubio's Chance of Winning Nomination Drop 10 Percent Following Christie Endorsement
According to the CNN Political Prediction Market, Florida Senator Marco Rubio's odds of winning the republican nomination had crashed around 10 percent in just a matter of hours.
CNN noted that Rubio's odds were sitting at 31 percent as of Friday morning immediately following a fiery debate in which he and GOP frontrunner Donald Trump went after one another. That feud became all the more explosive throughout the day Friday culminating with Trump receiving the surprising endorsement of New Jersey Governor Chris Christie. By late afternoon, Rubio's odds of winning the Republican nomination were down to 21 percent.
Trump witnessed a huge jump in his odds after gaining Christie's endorsement, going from 67% to 74%.
The Political Prediction Market is a game sponsored by the company Pivit, which uses polls, player input and other factors to predict where the election will go. The markets change depending on the public's input on candidates' chances of winning or losing an election. It should not be confused as a survey from real voters.
- Gilbert Horowitz, Gambling911.com