Iowa Caucus: Betting Markets Predict Obama, Huckabee

And McCain surges into the lead for the GOP nomination.


As of midmorning, the Real Clear Predicts Market, an online betting market, gives Mike Huckabee a 64 percent chance of winning Iowa vs. 38 percent for Mitt Romney. On the Democratic side, it's Barack Obama at 62 percent, Hillary Clinton at 35 percent, and John Edwards at 20 percent. Also of note, the current odds on who will win the GOP nomination are John McCain at 27 percent, Rudy Giuliani at 25 percent, and Romney at 24 percent. This is the first time I have seen McCain in the lead since spring of last year.

2008 presidential election
Iowa caucus

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