The people who know the most about finance are the people who work in it.
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Monthly Archives: January 2010
BetFair is the best innovation that happened to horse-race betting.
#1 innovation of the decade = Peer-to-peer wagering
“-In 2000 two men who liked to play card games and make a bet or two created the Ebay of betting –- an exchange where players could bet with each other.”-
InTrade has a higher PageRank than BetFair. No change.
Google has just updated its external PageRank servers. (The PageRank is updated internally in a continuous way, but Google updates its external servers once a quarter or so.)
– InTrade is 7/10. BetFair 6/10. HSX 6/10. HubDub 6/10.
– BetFair’-s blog (Betting @ BetFair) is 5/10, proving, once again, that it is a mediocre publication run by mediocre people. BetFair’-s second blog (BetFair Predicts) is 4/10. Midas Oracle is 6/10.
– For the record, the goal to attain (for both exchanges and publications) is 7/10.
The Golden Egg
Robin Hanson: Prediction markets are interesting as forums, not methods.
Midas Oracle generated more than 100,000 pageviews in December 2009.
