Monthly Archives: March 2007

IN-PLAY sport prediction markets = big business

The Guardian: [...] Betfair estimates that as much as £10m could be staked on this year’s Masters outright market and that 70% of that will be traded after the first ball has been driven down the fairway. [...]

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JP Morgan, Biggest Firms Avoid First Eurex Credit Derivatives.

Bloomberg: JP Morgan Chase & Co. and the banks responsible for 90 percent of credit-default swaps aren’t trading the first listed credit derivatives.

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Last February, blogger Donald Luskin made the switch from TradeSports to InTrade.

- 48 mentions of “TradeSports” in the archives of his blog. – Since February 25, 2007, Don Luskin started using the “InTrade” brand name (two times). Previous: TradeSports, incorporated in The Netherlands Antilles… but owned and OPERATED by an Irish-incorporated … Continue reading

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In China, Internet shops accept… the QQ virtual currency.

And so the People’s Bank of China has to step in. (WSJ)

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British blogger uses odds chart to debunk a journalist’s story.

In short: #1. Peter Hitchens on Channel 4 covered the “Tory conference” (British Republican convention) at Blackpool in October 2005. #2. Political blogger and ex-BBC News Mike Smithson strongly disagrees with the Channel 4 story (“a number of myths have … Continue reading

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The Sim Exchange slightly TWEAKS its market-maker algorithm.

The Sim Exchange (simExchange): After observing a few months of trading on the simExchange, the NPC market makers have been tweaked to provide more consistent liquidity across stocks and smaller price differences between their orders. The effect of these changes … Continue reading

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Midas Oracle provides the best view on the field of prediction markets.

by Diluted

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A year ago my approval rating was in the 30s, my nominee for the Supreme Court had just withdrawn, and my vice president had shot someone.

Ah, those were the good ol’ days. Bush 43 at the Radio and Television Correspondents’ Association dinner.

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TradeSports is in good company in The Netherlands Antilles.

The CIA on The Netherlands Antilles: – transshipment point for South American drugs bound for the US and Europe – money-laundering center Simeon Mitropolitski on The Netherlands Antilles: [...] the Netherlands Antilles are known worldwide not only for their pristine … Continue reading

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