Monthly Archives: February 2009

UK’s Guardian lambasts Mr Crystal Balls Nate Silver.

“A less-than-brilliant Oscars for Nate Silver, who used his skills as a baseball statistics nerd to turn his politics blog, FiveThirtyEight.com, into the online hit of last year’s election. Silver predicted the presidential outcome with eerie precision, and gamely crunched … Continue reading

Posted in All Guest Authors's Posts, Analysis (Accuracy & Precision), Forecasting (Science & Practice) | Tagged , , , , , , , | 1 Comment

Betbull exits Betting Exchange Space.

The German and Spanish facing betting company, Betbull Holding SE, has announced that it is withdrawing from the Betting Exchange Business. In a press statement, Betbull Holding SE said that it had taken the decision to cease trading on it’s … Continue reading

Posted in All Guest Authors's Posts, Betting, Business, Exchanges & Markets | Tagged , , , , , , | 1 Comment

You, too, can publish on Midas Oracle —if you wish.

- The Uniqueness Of Midas Oracle We publish the best mutant ideas. We link out a lot to external resources (including to the blogs of “research scientists”). (And we enjoy art and humor. ) So, come blogging with us.

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Accuracy or Efficiency?

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IG-owned HedgeStreet’s new prediction markets

New contracts: – Initial Jobless Claims – European Central Bank Rate Announcements – Nonfarm Payrolls – Unemployment Rate HedgeStreet

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“We nailed all 50 states.”

“One site that’s crowing today is Hubdub, which hit all six major awards.”

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“I was on betfair nearly everyday, trading on the horses/football etc,”

“and it can be very addictive.”

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Is Panos’s goal the same as the people’s goal?

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Celebrating such “successes” leads to backfire when the markets end up *not* being correct.

That is true, Panos, but there is absolutely nothing you can do to prevent the non-academic prediction exchanges to brag about “successes” —“we nailed all 50 states”. Note that, by contrast, the efficiency (velocity) argument does not lead to any … Continue reading

Posted in Analysis (Industry), Analysis (Meta) | Tagged , , , , | 2 Comments

http://intradecorporate.blogspot.com/

http://intradecorporate.blogspot.com/

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