Marcus Shea: Here’s the most likely scenario as to what happened here: Somebody had a decent short position. Say they had about 65 shares (the volume bars indicate that this was likely a < 100 share transaction, ie, < $5 … Continue reading →

The Euro will fall to $1 within a year. – [PREDICTION]

Posted on February 26, 2010 by Chris F. Masse

A bunch of hedge funds are betting against the Euro. Via Joe Weisenthal

Posted in Finance, Financial Markets, Predictions - Forecasts | Tagged America, bets, carry trade, credit default swaps, currencies, currency, currency bets, currency derivatives, currency wagers, derivatives, Euro, European Union, Finance, Financial Markets, George Soros, hedge funds, speculators, swaps, United States Of America, US dollar, USA, wagers | Leave a comment

How to bet on Smarkets

Posted on January 28, 2010 by Chris F. Masse

http://smarkets.com/

Posted in Betting, Exchanges & Markets | Tagged bets, Betting, Smarkets | Leave a comment

Betfair’s Liability in relation to its software failing

Posted on January 27, 2010 by Niall O'Connor

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 … Continue reading →

Posted in All Guest Authors's Posts, Betting, Exchanges & Markets, Software | Tagged BetFair, bets, Betting, Software | 12 Comments

Vernon Smith is bullish on event derivative markets (a.k.a. prediction markets).

Posted on January 21, 2010 by Chris F. Masse

Vernon Smith (via): So far as new applications of derivatives markets I think one possibility is we may see more people making, creating derivatives markets, betting markets on policy, public policy outcomes. We’ve already seen that with regard to the … Continue reading →

Posted in All Best Posts Ever, Analysis (Meta), Exchanges & Markets, Finance, Financial Markets | Tagged bets, Betting, betting markets, derivatives, event derivative markets, event derivatives, prediction markets, Vernon Smith | Leave a comment

You can’t have accumulator bets on the weather of neighboring regions…

Posted on January 13, 2010 by Chris F. Masse

… because “if it snows in one city, it’s likely to snow in another city.” In other words, these weren’t independent events. Via Barry Ritholtz (author of Bailout Nation)

Posted in Betting | Tagged accumulator bet, accumulator bets, Bet, bets, Betting, bookmaker, bookmakers, Christmas, Great Britain, Ladbrokes, United Kingdom, weather, White Christmas bet, White Christmas bets | 1 Comment