Alex Forshaw, Caveat Bettor, Steve Roman, Sacha Peter, Brad, and company:
– Would you be interested in drafting and signing a collective blog post in support of TradeSports-InTrade. It would be cross-posted on all the traders’- blogs.
Read the last blog posts by Chris Masse:
- User-Created… Bets — Real Money and Play Money – January 23rd, 2007
- EuroLand Bet – January 23rd, 2007
- Upgrading to Word Press 2.1 – January 23rd, 2007
- Forbes Smells Blood. – January 23rd, 2007
- Too many people spamming Wikipedia – January 22nd, 2007
- CNBC Smells Blood. – January 22nd, 2007
- US citizens are not permitted to use this site. – January 22nd, 2007
- Beware when using acronyms. – January 22nd, 2007
- Competitive Forecasting? – January 22nd, 2007
- Second Life meets Gambling. – January 22nd, 2007
- Matt Drudge Smells Blood. – January 22nd, 2007
- New term: BLOGOMEDIASPHERE – January 22nd, 2007
Pending review of the letter, sure, I would be open to sign (my pseudonym).
Well, the idea is that everybody participates in the content of the collective blog post.
#1. It’s good to trade. It does not hurt, as long as exchanges have some procedure to deter minors and pathologic gamblers.
#2. Betting exchanges generate reasonably accurate market-generated predictions —some of them are socially relevant.
#3. Betting exchanges are better than bookmakers, because of the information trails. Bad people (sports cheaters who short-sell their own contract) can be uncovered, unlike with bookmakers.
That’s just an idea. Let’s see whether other people want to pick it from here and improve or correct this draft.
I should be only one person among many to give ideas —otherwise it’s not a collective work.