Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

REALITY MARKETS MORE POPULAR THAN INKLING MARKETS

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The claim is made by the official Reality Markets blog, with the caveat that Alexa numbers can’t really be trusted. :) I’d keep in mind that Reality Markets is a managed play-money prediction exchange while Inkling Markets is an unmanaged play-money prediction exchange. Inkling Markets‘ business model is to let Internet citizens manage their own public prediction markets, while they focus on delivering the MSR-based software-on-demand to their public exchange and their corporate customers.

As for Consensus Point (which is the only prediction market solution provider that sells both MSR and CDA), they manage the Washington Stock Exchange and the Foresight Exchange.

Now that I have cited two vendors in the paragraphs above, I should cite NewsFutures, otherwise our French-American luminary (or so he thinks he is) Emile Servan-Schreiber will fly into a fury and suppress the link to Midas Oracle on the NewsFutures Official Blog. (Midas Oracle was boycotted for a short period of time, last month, but the link has been re-established.) NewsFutures manages (brilliantly, I should confess) three public play-money exchanges (American, French, Hungarian). Mainly, NewsFutures sells CDA, Scoring Rules (“Competitive Forecasting”), and a mix between the two.

I should also cite the Hollywood Stock Exchange, as a prediction market solution provider (CDA), otherwise mister Alex Costakis will feel ignored, and write a pitiful and pointless complain on the crappy e-mailing list. The Hollywood Stock Exchange sells the best play-money CDA technology I know of. They were the first in this business and have accumulated great expertise over the years. They are also the most expensive.

Previous: Reality Markets + THE NEW YORK TIMES HAS DELETED THE NAME OF DAVID PERRY’S CONSENSUS POINT. + NewsFutures Timeline + Blaming the media = easy. ||| Generating media coverage = difficult.

Psstt… The Reality Markets blogger (Brad Steward, I believe)

Chris Masse and Midas Oracle are fantastic resources and it should be one of the first stops for anyone interested in learning more about the mechanics and science behind prediction markets. I visit the site daily and have it bookmarked in netnewswire [a Mac-based feed reader].

Previous: SURVEY: MIDAS ORACLE CONTENT QUALITY IS GOOD OR VERY GOOD.very good (= excellent) 17 / 31

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