Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
How are you going to get figures, Lucy?
Nigel, what the hell were you doing in Texas??
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I tell you what, I’ll share my revenue figures if everyone else shares theirs
Chris asked, “How are you going to get figures, Lucy?”
I doubt most of the firms will release their revenues publicly, but they might be willing to share internally with a PMIA representative (or with Forrester) to create an aggregate figure.
Or maybe it’ll be up to Chris to make a credible estimate… so Chris, what’s your Hubdub bet on this?
@Lucy Vega: Lucy Vega, I think that InTrade are pretty open when it comes to disclosing the amount of bets matched on their exchange. From there, I suppose that an analyst would deduct their revenues. As for the other prediction market firms based in the US, they are pretty secretive.