Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: betmarkets

The term “event markets” sucks —and the uncritical thinkers using this crappy term suck too.

Google: “event markets” — Funny enough, the first link is to the Futures Industry Association, which promoted the term… and the second to CFM, which advises not to use that term (see the bottom of the CFM frontpage).
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Just because 2 or 3 bureaucrats at the CFTC have decided to use that term does [...]

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