Category Archives: Exchanges & Markets
Betfair the “Masonic Lodge”
The relationship between William Hill and the betting exchanges has not been a good one. On January 29, 2003, David Harding on the subject of Betfair’s impact on the the over-round said; “Some racecourse markets now return overrounds of only 1.2 to 1.3 per cent per runner. That is not sustainable. I cannot have a [...]
BetFair’s Mark Davies is (finally) blogging.
Two years ago, I wrote that the man should go blogging. Done. Finally.
A view from opposite Harrods –> http://markxdavies.blogspot.com/
Truly interesting. Bookmark. Subscribe. Read.
Via Crowded Voice
How to bet on Smarkets
http://smarkets.com/
New NewsFutures prediction exchange in France
http://predipol.newsfutures.com/ — play-money
And Today’s Le Figaro features prediction markets, Emile tells me…
«Du coup, assure Émile Servan-Schreiber, on ne lit plus les articles de la même manière, un peu comme un analyste financier qui traque l’info pour ensuite s’en servir dans ses recommandations d’investissement.»
Betfair’s Liability in relation to its software failing
As somebody who likes to “back and lay” on UK horse racing, I was more than annoyed, when having placed a bet on a UK horse race, Betfair’s software malfunctioned, meaning that I was unable to lay off my bet as was my intention.
To those of us that engage in backing and laying, the result [...]
In spite of Robin Hanson’s pumping them up, very few companies use enterprise prediction markets.
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McKinsey:
While respondents tell us that tapping expert knowledge from outside is their top priority, few report deploying prediction markets to harvest collective insights from these external networks.
#FAIL