Tag Archives: Betting

Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]

Posted on February 2, 2012 by Chris F. Masse

Did Eric Zitzewitz read Dodd-Frank? Jason Ruspini: Unfortunately, election contracts and ALL event contracts appear to be prohibited by CFTC regulation 40.11, released in July 2011 as part of Dodd-Frank: “(a) Prohibition. A registered entity shall not list for trading … Continue reading →

Posted in Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]

Posted on February 2, 2012 by Chris F. Masse

Eric Zitzewitz: We are academic researchers who study prediction markets. We are writing in favor of allowing NADEX, or a similar entity, to offer a broad range of political and policy event futures, including the three they are currently proposing. … Continue reading →

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The real reasons why prediction markets are accurate. — [LINK]

Posted on January 9, 2012 by Chris F. Masse

Emile Servan-Schreiber: – Over the long run and many predictions, markets outperform most individuals; – The more participants there are in a market, the more accurate it is (although there are diminishing returns); – The more participants there are in … Continue reading →

Posted in All Best Posts Ever, Analysis (Meta), Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Explainers | Tagged , , , , , , , , , , , | 1 Comment

Ex-HSX Max Keiser disses real-money prediction markets (again). — [VIDEO]

Posted on December 28, 2011 by Chris F. Masse
Posted in Analysis (Industry), Analysis (Meta), Ethics, Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Legality of real-money prediction markets in America — [LINKS]

Posted on December 27, 2011 by Chris F. Masse

#1. CFTC’s Bart Chilton says ‘no’. – #2. DOJ says ‘yes’, other than for sports and horse racing.

Posted in Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

10k bet — [VIDEO]

Posted on December 11, 2011 by Chris F. Masse

Checked.

Posted in Betting, Politics | Tagged , , , , , , , , | Leave a comment

Yahoo’s David Rothschild scraps market info from InTrade (and BetFair?), does not cite them, and does not link to them. — [UPDATED]

Posted on September 23, 2011 by Chris F. Masse

David Pennock’s little protégé should receive a crash course about citing sources. C’est minable. UPDATE: David Rothschild e-mails me to say he forgot to link to InTrade and BetFair in that story, at publication time, but he added the links … Continue reading →

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A Multi-Agent Prediction Market Based on Boolean Network Evolution — [PAPER]

Posted on September 13, 2011 by Chris F. Masse

A Multi-Agent Prediction Market Based on Boolean Network Evolution – PDF file.

Posted in Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Economics, Exchange & Market Designs, Exchanges & Markets, Mechanism Designs | Tagged , , , , , , | Leave a comment

Are InTrade lying about the number of ‘predictions’ they process? — [GUEST AUTHOR]

Posted on September 13, 2011 by Guest Author

Intrade now post the following claim on their home page: Platform Metrics (More Soon) Platform operational: Since 2001 Total Predictions: 619,141,899 Average Daily Predictions: 169,589 This is just a preposterous misrepresentation of the volume of activity on the site. The … Continue reading →

Posted in All Guest Authors's Posts, Exchange & Market Management, Exchange Liquidity, Exchanges & Markets | Tagged , , , , , , , , , | Leave a comment

Though not a legal, registered financial advisor, Justin Wolfers hands out financial ‘advice’ to anyone who is foolish enough to listen. — [SCREENSHOT]

Posted on September 12, 2011 by Chris F. Masse

More. – “A financial adviser or stock broker should be licensed to provide any consultation on investment in securities.” -

Posted in Analysis (Market Calls), Betting, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Finance, Financial Markets, Market Prices & Probabilities, Prediction Journalism, Predictions - Forecasts, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment