Will Ted Cruz or Donald Trump win the Iowa caucuses? It depends on who shows up.

Turnout will be key in the Iowa caucuses
(Image credit: The Wall Street Journal/YouTube)

According to the most recent polls of Iowa, Donald Trump narrowly leads Sen. Ted Cruz (Texas) in the first-in-the-nation vote for the Republican presidential nomination. But who actually wins the caucuses will be determined by how many voters show up, and how conservative and/or religious they are. Trump is leading among first-time likely GOP caucus-voters, with 39 percent, according to a recent Wall Street Journal/NBC News/Marist poll, and if those new, generally more moderate Trump voters turn out, it's good news for the billionaire real estate mogul. "The bigger the turnout, the better it is for Trump," said Iowa Gov. Terry Branstad (R).

It's not just numbers, though. If the 2012 GOP Iowa caucus electorate shows up — nearly half of whom identified as "very conservative" — it should be a close race between Trump and Cruz. The Wall Street Journal predicts a much more moderate group, which bodes well for Trump.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.