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January 26, 2016 4:20 am

Ted Cruz Losing Ground

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Presidential hopeful Ted Cruz. Photo: Gage Skidmore via Wikimedia Commons.

Presidential hopeful Ted Cruz. Photo: Gage Skidmore via Wikimedia Commons.

Market Watch – The betting is increasingly off Ted Cruz.

Cruz, the Texas Republican senator who had led in prediction markets of the Iowa caucuses about a month ago, is cratering in those same markets with a week to go until the Hawkeye State’s first-in-the-nation Feb. 1 contests. And it’s not just in Iowa: Cruz’s chances of winning the GOP nomination are tanking, according to prediction-market aggregator PredictWise.com.

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