Daily Archives: May 31, 2008

Is Big Brother being fixed in Great Britain? And are the alleged fixers using BetFair to make a fast buck (or quid, as they say in the U.K.)?

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Via Ed, The Daily Mail:

The Daily Star reveals that some punters are set to earn more than half a million pounds after a total bet of ?971 was staked via BetFair on Nikki to win at 1000-1 shortly after she was voted out of the house. […]

Rumours of &#8216-insider dealing&#8217- on BetFair chat forums continue to surround the clued up gamblers who stand to win ?582,250. […]

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That &#8220-Nikki&#8221- was evicted, an later on re-instated in the game.

Hence, the questions about the traders who did bet on her, after her eviction. Did they &#8220-know&#8221- something that the other traders didn&#8217-t?

On the other hand, it&#8217-s a constitutional right for Joe A. Doe to bet ?971 on a loser. Many do that every day at the horse race track. We should not accuse people of insider trading (or corruption) without any evidence.

BetFair employs many specialists in their &#8220-integrity team&#8221- to deal with such occurrences.

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VIDEO – Robotic Mule

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Nigel, you should set up some kind of prediction market about that at HubDub.

Amazing.

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Via the ultra-interesting Robin Hanson &#8212-who, for once, does not write a soporific post.

Un-Important Technical Note: The video above is dated 2008, while Robin Hanson links to a 2006 video, in his post.

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Previous blog posts by Chris F. Masse:

  • This is why I said that those who believe that Hillary Clinton has a chance to be on the Democratic ticket are “clueless”.
  • WEB EXCLUSIVE: — The annoted, historical, compound chart that those triple morons at the BetFair blog are hiding from their readers’ view. — It is located in a secret cache, linked to behind a picture of Hillary Clinton. — Curious place to locate a prediction market chart. — I bet nobody downloaded that chart. —
  • Knows the similarity between Google, Craig’s List, and the Drudge Report?
  • “Listening to each other is core to our culture, and we don’t listen to each other just because we’re all so smart. We listen because everyone has good ideas, and because it’s a great way to show respect. And any company, at any point in its history, can start listening more.”
  • 2 days after my ringing the alarm bell… THE FREE FALL
  • Tech News Of The Day — Friday Morning Edition
  • VIDEO: Why Hillary Clinton will never be the Vice President of the United States of America.

PREDICTION MARKET TECHNOLOGY NOT IN GARTNERS TOP 10 TECHNOLOGIES LIST

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Via Jim Anderson

Gartner:

1. Multicore and hybrid processors
2. Virtualization and fabric computing
3. Social networks and social software
4. Cloud computing and cloud/Web platforms
5. Web mashups
6. User Interface
7. Ubiquitous computing
8. Contextual computing
9. Augmented reality
10. Semantics

Previous blog posts by Chris F. Masse:

  • WEB EXCLUSIVE: — The annoted, historical, compound chart that those triple morons at the BetFair blog are hiding from their readers’ view. — It is located in a secret cache, linked to behind a picture of Hillary Clinton. — Curious place to locate a prediction market chart. — I bet nobody downloaded that chart. —
  • Knows the similarity between Google, Craig’s List, and the Drudge Report?
  • “Listening to each other is core to our culture, and we don’t listen to each other just because we’re all so smart. We listen because everyone has good ideas, and because it’s a great way to show respect. And any company, at any point in its history, can start listening more.”
  • 2 days after my ringing the alarm bell… THE FREE FALL
  • Tech News Of The Day — Friday Morning Edition
  • VIDEO: Why Hillary Clinton will never be the Vice President of the United States of America.
  • Any idea what Brad Stewart means with that logo that features a south-to-north rotation? — Does he want to put our Planet Earth upside down? — The real rotation occurs around an axis that connects the north and the south poles.