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.

Posted on May 14, 2008 by Chris F. Masse

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. :-D

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About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Analysis (Industry), Midas Oracle Statistics, Prediction Journalism and tagged , , , , , , , , , , . Bookmark the permalink.

2 Responses to 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.

  1. Pingback: InTrade is not a “bookie”, and its traders are not “gamblers”. | Midas Oracle .ORG

  2. Pingback: Prediction markets = “the future of journalism” —said, from day one, Emile Servan-Schreiber of NewsFutures. Emile, if you have balls, let’s do it —all together. | Midas Oracle .ORG

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