John Heilemann on NOW With Alex Wagner: The Last Hours Before Iowa

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The panelists on NOW With Alex Wagner were making hypothetical ($10,000?) bets today about which candidate will win the Iowa caucuses tonight, asking our own John Heilemann where Newt Gingrich might fall in the results, as even the candidate himself knows he likely won't take the No. 1 spot. "He is bound for fourth and possibly even as low as fifth place here," Heilemann said. "The question really coming out of Iowa, especially if Romney wins, is whether the conservative movement decides to coalesce behind either Newt Gingrich or Rick Perry," which would lead to a two-person race after South Carolina's primary election.