Monthly Archives: September 2009

Influenza A (H1N1): The world does not care about our prediction markets.

A pandemic of H1N1 flu is underway. Yet, not a single news organization has recently published about prediction markets on the propagation of the pandemic of H1N1 flu. NOT A SINGLE ONE. The usefulness of prediction markets is over-rated by … Continue reading

Posted in Analysis (Industry), Collective Forecasting, Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged , , , , , | 1 Comment

The next wave of prediction market sites will be based on FaceBook.

FaceBook is the future of the peer-to-peer applications. Watch this Thread video, and while you are watching, try to imagine what it could mean for P2P betting (what we call “prediction markets”). Thread.com in less than a minute from Thread.com … Continue reading

Posted in Information Technology | Tagged , , , , , , | 4 Comments

For our readers from New Zealand…

You can browse the market-generated predictions regarding New Zealand here —courtesy of iPredict New Zealand.

Posted in Exchanges & Markets, Predictions - Forecasts | Tagged , , , , , , | 1 Comment

How some US-based university professors endorsed a Holland-based consultancy firm

Here is the e-mail that was sent to the prediction market scholars listed on Midas Oracle.: Dear Mr. [PROFESSOR'S NAME GOES HERE], I am writing on behalf of [PREDICTION MARKET SOFTWARE VENDOR'S NAME], a Netherlands based consulting firm, because our … Continue reading

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Midas Oracle debunks the EPM software vendors’ shallow marketing discourse. But there is a price to pay, of course.

Here is what the San Francisco clown had to say about Midas Oracle: For example one PM blog traffics in deliberate Balkanization of the market. It pretends to be community. It uses lurid narcissism. Some PM stakeholders honor this anal-expulsive … Continue reading

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Right2Bet is an organisation comprising of consumers [*] from across the European Union who believe in a citizen’s right to choose.

Right2Bet http://www.right2bet.net/ Right2Bet @ Twitter Right2Bet @ FaceBook I think that the majority of the Midas Oracle readers will support this initiative —and our American readers will like to see the same project in Washington, D.C. I would make two … Continue reading

Posted in Analysis (Industry), Internet Marketing - Internet Commerce, Regulations | Tagged , , , , , , | 2 Comments

UK’s Advertising Standards Authority slaps BetFair again —this time, over e-mail ads featuring a young poker player.

UK’s Advertising Standards Authority: Ad An e-mail ad for an online poker site showed a photograph of a young woman. Text stated “ONLINE EXPERIENCE IS MEASURED IN GAMES, NOT YEARS. JOIN THE NEW BREED. Annette Obrestad – “ANNETTE_15″. Issue 1. … Continue reading

Posted in Ethics, Exchanges & Markets, Internet Marketing - Internet Commerce, Regulations | Tagged , , , , , , , , , , , | Leave a comment

Como funciona um mercado de previsões?

Como realizar mais valias num mercado de previsões? Há blogues sobre o assunto: Midas Oracle, OddHead, etc.

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Why did illusionist Derren Brown invoke the “wisdom of crowds” in his lottery win explanation?

Economics prof Michael Giberson: It is a kind of compliment to the math and science behind the wisdom-of-crowds phenomena that [Derren] Brown would think to invoke it in his post-prediction patter. [Derren] Brown believed that enough of his audience would … Continue reading

Posted in Collective Intelligence - Wisdom Of Crowds, Ethics | Tagged , , , , | 1 Comment

Show me someone stating that you can’t monetize a play-money prediction exchange, and I’ll show you an idiot.

58% of game players spent money on virtual items in free-to-play games in the past year. The most commonly purchased virtual item (71%) was virtual currency, which most games require for the purchase of other virtual items. [] The next … Continue reading

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