The Las Vegas Review-Journal reports candidates with more money won 82 percent of contested Nevada Legislature races. The cash advantage won nine out of 12 contested Senate races, and 28 out of 33 Assembly races.
Truckee Meadows Community College political science professor Fred Lokken says money is no guarantee for winning, but is necessary for commercials, signs, and multiple mailers per household.
Incumbency is another predictor of winning a state seat. The only incumbent to lose last Tuesday's election was Democratic Assembly Majority Leader Marcus Conklin.
Two incumbents lost primary races, which means legislative incumbents had a 94 percent winning rate in 2012 elections.
Donors are far more likely to give to incumbents than challengers.