Midas Oracle .ORG » Betting

10k bet — [VIDEO]

Chris F. Masse — Sun, 11 Dec 2011 09:25:27 +0000

Checked.

Though not a legal, registered financial advisor, Justin Wolfers hands out financial ‘advice’ to anyone who is foolish enough to listen. — [SCREENSHOT]

Chris F. Masse — Mon, 12 Sep 2011 17:04:29 +0000

More.

“A financial adviser or stock broker should be licensed to provide any consultation on investment in securities.”

Ex-HSX Max Keiser claims that InTrade’s Ron Paul prediction market is manipulated. — [VIDEO]

Chris F. Masse — Wed, 07 Sep 2011 16:36:48 +0000

Your prediction markets can power the American Civics Exchange. — [IDEA MILL]

Chris F. Masse — Thu, 04 Aug 2011 08:54:12 +0000

American Civics Exchange:

Having just executed an initial round of closings for the funding we’ve been raising, we’re entering the final run-up to our real-money trading launch. With that in mind, we’ve launched a community feature where prospective traders (and other interested members of the public) can propose political outcomes they’d like to see traded on the exchange.

You can submit your proposals here: http://amciv.com/ideas .

The betting revolution in horse racing — [VIDEO]

Chris F. Masse — Sat, 30 Jul 2011 10:00:47 +0000

CNN.

Socially valuable betting (based on accountable predictions) has long been legal in America, professor Hanson. — [AWARENESS]

Chris F. Masse — Fri, 15 Jul 2011 08:33:56 +0000

Robin Hanson:

A track record tech must be combined with a social equilibrium that punishes those with poor records, and thus encourages rivals and victims to collect and report records. The lesson I take for forecast accuracy is that it isn’t enough to devise ways to record forecast accuracy—we also need a new matching social respect for such records.

Might governments encourage a switch to more respect for forecast accuracy? Yes: by not explicitly discouraging it! Today, the simplest way to create forecast track records that get attention and respect is by making bets. In a bet, the parties work to define the disputed issue clearly enough to resolve later, and the bet payoff creates a clear record of who was right and wrong. Anti-gambling laws now discourage such bets—shouldn’t we at least eliminate this impediment to more respect for forecast accuracy records?

And once bets are legal we should go further, to revive our ancestors’ culture of respect for bets. It should be shameful to visibly disagree and yet evade a challenge to more clearly define the disagreement and bet a respectable amount on it.

Somebody should tell Robin Hanson about Long Bets, an awesome betting program (with a non-profit twist) from the Long Now Foundation.

Internet “non-gambling” in D.C. — [LINK]

Chris F. Masse — Thu, 30 Jun 2011 08:41:34 +0000

Nelson Rose.

Political prediction markets are good for your mental health. — [LINK]

Chris F. Masse — Thu, 16 Jun 2011 12:55:47 +0000

We are reminded of this very good take by NewsFutures’ Emile Servan-Schreiber.

Is research scientist David Pennock easily impressed? — [TEST IT FOR YOURSELF]

Chris F. Masse — Tue, 10 May 2011 13:04:34 +0000

http://corporate.crowdpark.com/

http://blog.oddhead.com/2011/05/11/crowdpark-review/

Cantor Gaming’s betting tablet shall stay in Las Vegas. — [REVIEW]

Chris F. Masse — Wed, 27 Apr 2011 15:04:50 +0000

David Pennock:

Cantor’s mechanism is pretty clearly an intelligent automated market maker that mixes prior knowledge and market forces [...].