Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
I am a big fan of Mike Smithson (Political Betting .com) usually, but his Op-Ed is the lamest thing I have ever read. Key finding of our British political pundit: check out reliable, primary, advanced indicators (i.e., good pollsters), and dig the numbers. Have you gotten another bit of truism in store, for us, doc?
As I said the other day, I’m looking forward to see the coming of science-based betting tips.
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Paul Hewitt on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”Paul Hewitt on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.
Jason Ruspini on Does InTrade participate on its own prediction markets?Max Keiser on Does InTrade participate on its own prediction markets?Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.Max Keiser on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.Jason Ruspini on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]Paul Hewitt on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.