Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
That smart young man (well, smarter than I am, at least) configured Google Trends so we can make comparisons between TradeSports, InTrade, BetFair and the keyword “prediction markets”.
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With BetFair:
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Without BetFair:
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Chris F. Masse on American Civics Exchange = CFTC-regulated Exempt Board of TradeChris F. Masse on The Real Arithmetic Of The Health Care Reform
Paul Hewitt on The Real Arithmetic Of The Health Care ReformChris F. Masse on The Real Arithmetic Of The Health Care Reform
Jason Ruspini on Nate Silver: InTrade probability on ObamaCare is quite right.Jason Ruspini on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”Paul Hewitt on The Real Arithmetic Of The Health Care ReformChris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”