Category Archives: Midas Oracle Archives

He’s a good sport. — [SCREENSHOT]

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Check the comments on the “Death Spiral” post

The Death Spiral Of The Prediction Market Startups

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Midas Oracle always tells the truth.

- MAY 20: “CFTC: 3-2 in favor of approval of movie contracts –SO FAR.” – JUNE 15: “The much-delayed decision by the US Commodity Futures Trading Commission came late Monday, on a 3-2 vote.“ – So much for mister Ruspini.

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Well Above Marginal Revolution — To Infinity And Beyond…!!!…

Previously: Nobel Prize for Economics 2009 Predictions

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Why you won’t hear Robin Hanson et al. about the Chicago Olympics prediction market disaster

- Because they are not interested in telling you the truth about prediction markets. – They are interested in propagating a myth, rather. – Don’t pay $400 for a vendor phone-booth conference on prediction markets, where their merits are hyper … Continue reading

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The Chicago candidacy, which was favored by the prediction markets (and gullible bettors like Ben Shannon), is the one that fared the worst.

Look up prof Michael Giberson’s comment below my highly intelligent post, “Why an analyst should assess each newly created prediction market“. And compare it with Paul Kedrowski’s bad analysis, followed by InTrade CEO John Delaney’s equally bad analysis. Read the … Continue reading

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Who tell you the truth about the prediction markets? –> Midas Oracle.

- Look at Jed’s post and the 4 comments below his post: “CrowdClarity is magic, and the prediction markets are magic.“ — {Surprise, surprise: All those people but one are selling prediction market services. –> $$$} – The only people … Continue reading

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What makes people comment like crazy on Midas Oracle? –> ANSWER –> Suspense, Suspense –> John Maynard Keynes

As noticed by our good Doctor Professor Michael Giberson (of Knowledge Problem fame): The appropriateness of the “prediction market” label to an information aggregation mechanism — 39 comments The best way to rank the best ideas coming from the rank … Continue reading

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In tricky cases, shouldn’t prediction exchanges void all bets and refund the money {including THE TRANSACTION FEES} to all bettors?

Check the comments made on our previous post.

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Your search – H1N1 “prediction markets” – did not match any documents.

Your search – H1N1 “prediction markets” – did not match any documents. Previously: Have the public prediction markets ever been taken seriously by the media and the decision makers during the 1988–2009 period?

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