Prediction market journalism should not be practiced by… the prediction market people… but by the vertical experts —with the help of the prediction market people.
Chris F. Masse May 14th, 2008
Last Wednesday, I published a post about the Obama-Clinton, with charts from the main prediction exchanges (InTrade, BetFair and NewsFutures). Today, I looked into the web stats reports. The post ranks #37 [*] in the list of the most popular pieces published since last Wednesday. In other words, it was an un-popular story. Nobody gives the first fig about Chris Masse writing on US politics.
Political prediction markets should be a tool used by trusted political experts reporting on the horse races and other issues. It’s in that perspective that I’m going to mind the future of Midas Oracle.
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[*] Surprisingly, Koleman Strumpf’s story ranks #5. Not that I’m jealous.
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Previous blog posts by Chris F. Masse:- A second look at HedgeStreet's comment to the CFTC about "event markets"
- Since YooPick opened their door, Midas Oracle has been getting, daily, 2 or 3 dozens referrals from FaceBook.
- US presidential hopeful John McCain hates the Midas Oracle bloggers.
- If you have tried to contact Chris Masse thru the Midas Oracle Contact Form, I'm terribly sorry to inform you that your message was not delivered to the recipient.
- THE CFTC's SECRET AGENDA ---UNVEILED.
- “Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
- Meet professor Thomas W. Malone (on the right), from the MIT's Center for Collective Intelligence.








[...] It is the kind of stuff that explains InTrade to morons surfacing from their Afghan cave —as I told you 5 minutes ago. I’m fed up with that kind of superficial journalism. We all know what InTrade is. Let’s move on to real prediction market journalism. [...]
[...] the Obama–Clinton prediction markets was the most popular Midas Oracle story of that Monday. Hummmm… No idea why… I was not helped by Google Search or by an external blogger. Sounds like [...]