Monthly Archives: September 2009

BetFair on Twitter

- BetFair Predicts @ Twitter – BetFair News @ Twitter – BetFair Canada @ Twitter – Mike Robb @ Twitter – Michael Owen @ Twitter – Pete Nordsted @ Twitter – ??? – ??? – ???

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Can we really assess InTrade’s *very short* prediction market on Van Jones?

Carlos Graterol has a partial analysis on the Van Jones prediction market at InTrade. Basically, Carlos Graterol (an InTrade fanboy) says that InTrade should be credited for the accurate prediction. Carlos Graterol should publish what the politicians and editorialists were … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Market Expiry, Market Liquidity, Market Prices & Probabilities | Tagged , , , , , | Leave a comment

There is a lack of research papers analyzing statistical properties of prediction market prices.

Read more.

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Computer scientists are mainly focused on predictive modelling.

“As long as the system can ‘predict’ the outcome on unseen data, things are ok. A black box with perfect predictive performance is great. Explanatory models are rarely the focus.”

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Hydroptere = a foiling trimaran = the fastest sailboat in the world — And it’s *French*.

l’Hydroptère @ Wikipedia – l’Hydroptère sets new record for the 500 and 1000nm. – L’Hydroptère breaks the 50 knots barrier. The foiler announces 100 km/h as top speed in the South of France. “A performance realized under the control of … Continue reading

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Running WordPress.org on your own servers is a lot harder than just having them hosted {for free} on WordPress.com.

That was the hard lesson that life taught to our good doctor David Pennock. And now, it’s Robert Scobble’s turn —some hackers deleted 2 months of his blog. – How to keep your WordPress blog secure – For your information, … Continue reading

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Predicting (well in advance) the Van Jones departure –> Epic FAIL

HubDub [*] failed to predict the resignation of Van Jones [more info]: [*] InTrade has a very young Van Jones contract (230 transactions, only): UPDATE: Carlos Graterol has a partial analysis. He has not surveyed what the well informed D.C. … Continue reading

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Intrade’s “Super Quick 8 Question Survey”

Intrade is promoting a “Super Quick 8 Question Survey” from their home page. [UPDATE: Results.] My answers:

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“Tap The Collective” failed to convince me about the usefulness of enterprise prediction markets.

I don’t see any compelling argument in favor of enterprise prediction markets, so far. – Robin Hanson: Prediction markets were designed exactly these sort of hard problems – contributors know they face a risk of losing as well as gaining … Continue reading

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Wanna know more about Panos Ipeirotis’s paper on prediction markets of prediction markets?

His co-author is here, telling his side of the story. #2. There is indeed a lack of high quality statistical research on prediction markets. I have seen published papers doing terrible things like regressing prices from one prediction market on … Continue reading

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