Story highlights Rubio drops to 1% to claim the nomination; 11% to win Florida

Rubio is at 11% to win his home state, which votes on March 15

New York (CNN) Marco Rubio is now down to a one-in-a-hundred shot to win the Republican nomination, according to CNN's Political Prediction Market.

Informed by a combination of polling and forecasts from more than 100,000 users, the live probabilities generated by Pivit have the Florida senator's odds of prevailing in the GOP race at 1% -- down from a high point of 56% on February 5. Rubio is at 11% to win his home state, which votes on March 15.

Pivit is an online prediction market that tracks polls and other factors and will change as the public weighs in on the increasing or decreasing chance that a candidate or party wins an election.

The company has a partnership with CNN for users to play and predict the outcome of the 2016 election.

The market is bullish on Donald Trump, the winner in Michigan and Mississippi, taking him up to 70% from 63% to claim the nomination.

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