Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Category Archives: Software

BetFair apologizes to Niall O’Connor… and the other traders affected by the site outage.

BetFair Forum:
Betfair would like to apologise for the unplanned site outage that occurred earlier this afternoon [Monday, January 25, 2010]. The cause of this problem is currently being investigated by our technical team. A list of affected markets will be posted shortly [here].
Once again please accept our apologies for any inconvenience this may have caused.
Will [...]

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 [...]

How the iPredict market maker works

How the iPredict market maker works

Algorithms that execute thousands of trades per second

Automated transactions executed at lightning speed

Time-Series Forecasting

- The different kinds of forecasting software —including time-series forecasting.
- Some forecasting startups make use of the open source and/or SaaS models. I need your feedback on all this. Please, comment below, e-mail me, wave me, or tweet me.
- Lokad – (concurrent time-series forecasting) – Video

- Data Applied – (neural network algorithm)

External Links: Lokad – [...]

InfoSurv’s prediction market software

InfoSurv:
Infosurv Launches v2.0 of the iCE Prediction Market System
New prediction market technology allows marketers to leverage employees, customers, or targeted consumer groups to accurately predict new product success
Atlanta, GA – Infosurv, Inc., a global leader in online market research, has recently launched version 2.0 of its patent-pending iCE (Infosurv Concept Exchange) prediction market system. [...]

Is MicroSoft trying to build a prediction market platform using bricks?

LinkedIn group on prediction markets:
Prediction Market Engines/Framework/Platform
I would like to know if there is any ready to use Prediction Market:
*Engines?
*Framework?
*Platform?
Basically building blocks which you can reuse to launch a PM service online. Any information or link is appreciated.
Thank you in advance.

Our platform offers a true double-auction trading engine, not a scoring-rule disguised as a market.

That is from our good friend Emile Servan-Schreiber of NewsFutures, who is participating in the discussion on the LinkedIn group on prediction markets.
Go read his comment.
Also look at the 2 other threads.

Inkling Markets offers a turnkey prediction market platform that can be set up in a few minutes and an API to extend the platform as need be.

Adam SIegel on the LinkedIn group on prediction markets.

Prediction markets should be embeddable into a Google Wave.

Thought #2 about Google Wave.

UPDATE: Jed says I will get the invite wave in a few days. Patience. I will then be able to invite friends of mine.