Monthly Archives: June 2010

The value of prediction market journalism, which doesn’t produce any scoop, is zero.

Posted on June 15, 2010 by Chris F. Masse

Felix Salmon (in a piece about the ROI of web publishing): As real-money prediction markets become legal in the US, there’s surely going to be a lot of money in writing about them and driving rich readers to them. Total … Continue reading →

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Prof Michael Giberson still into prediction market manipulation

Posted on June 15, 2010 by Chris F. Masse

I am personally fed up with this theme, but our good friend Mike Giberson has some inklings. See also Paul Hewitt’s comment.

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BetFair withdraws from France… and Monaco. – [UPDATED]

Posted on June 15, 2010 by Chris F. Masse

As you all know, BetFair have closed all accounts from France residents. Strangely, they also closed accounts from people living in the Principality of Monaco (an independent country that is recognized by the United Nations). Bizarre. If you have insider … Continue reading →

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BREAKING: The CFTC approves MDEX’s real-money prediction markets on movie box office.

Posted on June 14, 2010 by Chris F. Masse

“In a 3-2 vote, the Commodity Futures Trading Commission on Monday afternoon approved a contract created by the company Media Derivatives that would allow traders to bet on the gross receipts that a movie pulls in during its opening weekend.” … Continue reading →

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Jim Rogers on commodities, currencies, stocks, banks, emerging markets, etc.

Posted on June 13, 2010 by Chris F. Masse
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