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.

[*] Surprisingly, Koleman Strumpf’s story ranks #5. Not that I’m jealous.

Tags: event derivative markets, event derivatives, Midas Oracle, popularity, posts, prediction market journalism, prediction markets, US politics

Analysis (Industry) , Journalism & Prediction Market Journalism , Midas Oracle Statistics
Comments(2)

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.”

# InTrade is not a “bookie”, and its traders are not “gamblers”. | Midas Oracle .ORGon 15 May 2008 at 5:27 am

[...] 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. [...]
# 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 .ORGon 20 May 2008 at 8:31 am

[...] 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 [...]