Monthly Archives: September 2007

Encouraging participation in long-term information markets

One question that often comes up is how to encourage participation in long-term, multi-year event markets. This issue is closely linked to cost of capital, and even play-money markets have opportunity costs and discount rates. If the outcome is revealed … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta) | 4 Comments

A news video about WeatherBill

Via Bo Cowgill, a news video about WeatherBill

Posted in Betting, Exchanges & Markets, Finance, Hedging & Insurance | Tagged | Leave a comment

Employees talk about their internal prediction markets around the water fountain.

Jenny Ambrozek: A thread among the presenters [of the 2007 Consensus Point conference] was how prediction markets expand people connections in organizations. Through market participation employees from disparate parts of organizations discover unknown people with similar interests and unexpected talents. … Continue reading

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BetFair lowers its fees for traders who bring liquidity early on.

BetFair: All bets placed before 10:00 AM on the morning of the [horse] race that are matched at any time before the off will qualify for a 50% saving on customers prevailing commission rate. FAQs UPDATE: Niall O’Connor makes a … Continue reading

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce, Market Liquidity, Market Transaction Costs | Tagged | 8 Comments

Real-money betting exchange Bet2Give doesn’t give the first fig about the US Wire Act.

Seattle Times: It’s not gambling, Servan-Schreiber says, because there’s no hope of profit. If you win, you choose a charity that gets your winnings. Bet2Give

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Profits to be down at Betfair

Betfair will this week announce its results for the year to 30 April 2007. The past twelve months have seen a significant increase in the rate of investment by Betfair, as the company has sought to not only consolidate its … Continue reading

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The facts are that divorce is down, and today’s marriages are more stable than they have been in decades.

Justin Wolfers’ op-ed column in the New York Times Psstt… The links to the New York Times stories are rotten, when viewed within the Google Reader, these days. Somebody should tell them to fix this problem. UPDATE: Justin Wolfers’ blog … Continue reading

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Germany favored to win FIFA Women’s World Cup

As of a few hours before game time, the German team is favored at the Inkling public market on the FIFA Women’s World Cup. After Thursday’s surprising victory over the previous favorite, USA, the Brazilians temporarily led the market. (As … Continue reading

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End users of internal prediction markets obsess too much with insider trading.

Jason Ruspini: Overall, Consensus Point put together a very good, focused conference targeted to corporate PM practitioners.  I am always a little surprised by how concerned people are about insider trading and corporate PMs. People are often confused and intimidated by … Continue reading

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Inkling forums are back.

I complained when they disappeared, so it is only appropriate that I draw attention to the return of the Inkling forums. The forums are a useful resource for all the Inkling do-it-yourselfers tinkering in the world of prediction markets. Here … Continue reading

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