Author Archives: Guest Author

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Various blog authors - World, Planet Earth

Are InTrade lying about the number of ‘predictions’ they process? — [GUEST AUTHOR]

Intrade now post the following claim on their home page: Platform Metrics (More Soon) Platform operational: Since 2001 Total Predictions: 619,141,899 Average Daily Predictions: 169,589 This is just a preposterous misrepresentation of the volume of activity on the site. The … Continue reading

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The Robin Hanson manipulation papers make unrealistic assumptions, but it’s not like prediction markets are a bad idea…!!…

In terms of unrealistic assumptions in Robin Hanson’s series of papers on manipulation, the major ones have been out there since at least 2004. Despite some limited evidence, the insistence on traders needing to know the direction of manipulation isn’t … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Accuracy & Precision), Analysis (Meta), Collective Forecasting, Exchange & Market Designs, Exchange Liquidity, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , | 2 Comments

Deep Throat’s take of Emile’s take of the SAVE AWARD program

Emile’s idea is a half-beauty contest, but if Emile thinks the OMB officials have expertise that won’t be swayed by the crowd, then the original SAVE AWARD process was half-good as well. The officials would be able to count the … Continue reading

Posted in Collective Intelligence - Wisdom Of Crowds | Tagged , , , , , , | 2 Comments

Annoying InTrade Outages

InTrade usually closes the session for end of the day processing at 2am EST for 10-15 minutes. Yesterday (Thursday, July 10, 2009), it was 2.5 hours and counting. No advance notice and no explanation… —vintage InTrade. 2.5 hours is 10% … Continue reading

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Betdaq’s financials

[This article by a guest author has been contested, for the reason that information about the bigger picture was missing. It is retired.]

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Intrade Meltdown

Intrade has been experiencing a technical meltdown over the last 8 hours. The site was completely down from about 7pm EST Monday to 3am EST Tuesday. When it came back up there was no email explanation, no forum explanation. Those … Continue reading

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You’re the first to know that, because you’re listening to midasoracle.org, the group blog that digs deep to deliver you the latest on anything related to prediction markets (including rumors, bombastic statements and odd factoids).

According to a source, Robin Hanson is awaiting delivery of a brand-new Apple Macintosh MacBook Pro 17″. – Previously -

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Is this man the Cantor Exchange project leader?

Richard Jaycobs??? UPDATE: Confirmed. He seems to be a man open to suggestions. – Previously: Cantor Exchange -

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Simulating joint dynamics of InTrade’s electoral prediction markets

from: Cody Stumpo subject: Simulating joint dynamics of InTrade’s electoral prediction markets mailed-by: gmail.com Hi there, I am writing you as experts on prediction markets to ask what you think of some work I have done. At InTrade, you can … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Exchange Genesis, Exchanges & Markets, Forecasting (Science & Practice), Resources - References | Tagged , , | Leave a comment

It seems like someone at CNBC decided at some point that they would NEVER address the legality issue.

Signed: Deep Throat. APPENDIX: CNBC video + CNBC video #2 UPDATE: YouTube video (the last part was censored by InTrade-TradeSports CEO John Delaney – PRECISION: the discussion between the journalists and the guest on the TV set was suppressed) UPDATE: … Continue reading

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