New prediction market software (and blog)
Best wishes to them.
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Wisdom Hive
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Monthly Archives: February 2009
Why Sean Glass is no Nigel Eccles
One simple word:
U-S-A-B-I-L-I-T-Y
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When I first tried Pikum, last year, I spent 10 minutes looking around, trying to figure out how to use their betting website. At the 11th minute, I gave up. For good.
Sean Glass is an amazing serial entrepreneur and he’-ll hatch many successful ventures in the future. I am sure many angel investors will back him up, again. However, the takeaway from the Pikum failure is that your user interface should not be too original. Users are spending most of their time on other websites —-so, do have a user interface that resembles what is found outside.
Let’-s hope Jason Trost got that one right.
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James K. Galbraith on Max Keisers The Oracle
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James K. Galbraith
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Connect With Fans (CwF) + Reason To Buy (RtB)
= The Business Model ($$$$)
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Download this post, if you don’-t see the embedded video in your feed reader.
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Open-Source, Free-Of-Charge, Constitutionally Open Prediction Exchange
Mike Linksvayer again.
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Barney Frank is going to try again to free Internet betting and gambling in the U.S.
Via Smarkets, the FT.
The FT.
PS: Contra Jason Ruspini, I have always said that the CFTC route is the wrong route. The U.S. should establish a kind of “-Gambling and Betting Commission”-, like in the U.K., in my view (and Caveat Bettor’-s view).
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Cato Handbook for Policymakers
Cato Handbook for Policymakers
Washington Post:
A soup-to-nuts agenda to reduce spending, kill programs, terminate whole agencies and dramatically restrict the power of the federal government.
Excellent.
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Barney Kilgore and Nigel Eccles: Same vision, same combat
The general manager of ProPublica:
Today’s newspaper should be about tomorrow’s events, not yesterday’s. This was probably [Barney] Kilgore’s greatest insight, and it was one he first stated as a columnist in the Journal at the age of 23. Readers, Kilgore realized, turn to newspapers not because they are all fascinated by contemporary history, and want to puzzle out what another publisher later called journalism’s “first rough draft” of it. No, they want to know about what happened yesterday so that they can more intelligently cope with today, and tomorrow. More than 75 years after young Barney Kilgore set this rule out in his column, many publishers still haven’t fully absorbed it. Readers instinctively have. This has become even more important in a world where the Internet conveys new facts in real time, while the meaning of those facts often seems lost in a jumble of instant opinions.
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Nigel Eccles is the CEO of HubDub (”-Predict The News“-).
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The hype is over. The party is over. – Part IV
Caveat Bettor does not feature one single post on prediction markets on his blog frontpage.
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95 million TV viewers for the Super Bowl 2009
WSJ:
Only the Super Bowl, presidential debates, the Oscars and a few other broadcasts attract the tens of millions of viewers that major advertisers, including movie studios and big consumer-product makers like PepsiCo Inc., long to reach.
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UPDATE: There has been a recount.
98.7 million
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