Monthly Archives: December 2009

How the prediction market industry lied to the media (and the public, *YOU*) about Hewlett-Packard’s pilot tests regarding enterprise prediction markets

Paul Hewitt on the Hewlett-Packard (HP) prediction markets: Another tried-and-true method is to repeat a statement over-and-over until it becomes a “fact”. The best example of this, regarding prediction markets, is the claim that they are “proven” by virtue of … Continue reading

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Felix Salmon on the plutocrats

- The return of the plutocrats – Why the plutocrats will return

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Albert Einstein said, “Besides intuition and knowledge, the only valuable thing is the set of probabilities from the prediction markets; the rest are details.”

“One tried-and-true method for getting people to pay attention to words is to put them into the mouth of a well-known, respected figure whom the public perceives as being an expert in the subject at hand.”

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Jim Rogers: How to make millions on the financial markets without using Robin Hanson’s collective forecasting or James Surowiecki’s wisdom of crowds

Jim Rogers in the FT: What is the secret of your success? As I was not smarter than most people, I was willing to work harder than most. I was prepared to examine conventional wisdom. If everyone thinks one way, … Continue reading

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Twitter is a flexible, personalized, search engine, pure and simple.

Well said, Niall. http://twitter.com/bettingmarket http://twitter.com/midasoracle

Posted in Information Technology | Tagged | 2 Comments

What was said at the Barney Frank hearing

Safe and Secure Internet Gambling Initiative spokesman Michael Waxman responds to a House Committee on Financial Services hearing on Internet gambling on December 3, 2009: Their PR. [H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. 2267, the Internet Gambling … Continue reading

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Inside the Mind of Google — THE VIDEOS

UPDATE:

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Barney Frank hearing on Internet betting and gambling in the United States Of America

All went well. All witnesses were in favor of legalizing Internet gambling. Read the tidbits on http://twitter.com/midasoracle. – PR about the hearing coming from the Safe and Secure Internet Gambling Initiative: [H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. … Continue reading

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“The United States’ War against Online Gambling” – An analysis of how the US sought and failed to stamp out Internet gambling.

“The United States’ War against Online Gambling” – An analysis of how the US sought and failed to stamp out internet gambling. Addendum: – Safe and Secure Internet Gambling Initiative – Right 2 Bet

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Tiger Woods Christmas Photo + Tiger Woods Voice Mail + Tiger Woods Christmas Song

More info…

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