Herman Cain is undervalued at Ames on Intrade

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There are only 74 days between now and the Ames Straw Poll on August 13th. There may, or may not be, another Republican in the field before the Iowa Caucuses on February 6th, 2012, but the field for Ames is set. Last cycle, Mitt Romney flooded Iowa State University with money and volunteers netting him first place with 4,516 votes (31.6%). This time around, however, Romney is indicating that while he will compete in the straw poll, he will not be committing the same kind of resources he did before.

So who will win? Here is how Intrade is currently predicting the field:

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