InTrade should ditch their prediction markets on the InTrade prediction markets, and run a continuing series of 5-minute prediction markets instead.

Posted on October 8, 2008 by Chris F. Masse

I don’t like the concept.

It has received criticism.

I don’t spot much volume.

I think that TradeFair’s 5-minute prediction markets are based on a much, much better concept and usability.

Time for John Delaney to act decisively. There is a reason the trash can was invented: to ditch the bad products.

About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Analysis (Industry), Exchange & Market Management, Exchanges & Markets, Internet Marketing - Internet Commerce and tagged , , , , . Bookmark the permalink.

One Response to InTrade should ditch their prediction markets on the InTrade prediction markets, and run a continuing series of 5-minute prediction markets instead.

  1. Panos Ipeirotis says:
    October 8, 2008 at 10:50 PM

    Chris, this is simply an options market that can reveal the higher moments of the underlying probability distribution. If you are happy with just observing the mean, fine. You do not need to follow these “X” markets.

    However, if you want to observe how stable is the mean, and whether the volatility is skewed upwards of downwards, then these markets are great.

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