Tag Archives: cent

BetFair Australia’s spin doctor tells all about their payments to the horse race industry.

Posted on April 1, 2008 by Chris F. Masse

Crikey: Andrew Twaits, director of corporate and business affairs at Betfair [Australia], writes: Re. “High Court shock for the racing industry” (28 March, item 20). I wanted to drop you a note to clarify some important facts following your article … Continue reading →

Posted in Business, Exchanges & Markets | Tagged Alan Cameron, Alan Cameron AM, Andrew Twaits, Australia, Australia's horse racing industry, BetFair, BetFair Australia, Bill Saunders, cent, Director, director of corporate and business affairs, High Court, NSW Government, prediction markets, USD | Leave a comment

Defining Probability in Prediction Markets

Posted on January 13, 2008 by Panos Ipeirotis

The New Hampshire Democratic primary was one of the few(?) events in which prediction markets did not give an “accurate” forecast for the winner. In a typical “accurate” prediction, the candidate that has the contract with the highest price ends … Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Explainers | Tagged accuracy, cent, Clinton, efficiency, efficient markets, event derivative markets, event derivatives, Obama, prediction markets, probability, statistics, USD | 6 Comments

GIGO and prophets, tears and markets

Posted on January 11, 2008 by George Tziralis

Prediction markets failed to accurately predict the unexpected effect a few tears had on the New Hampshire primaries; and some analysts rushed to blame the tool and undermine its reliability and applicability. Let me restate some fundamentals and my view, … Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Collective Intelligence - Wisdom Of Crowds, Explainers | Tagged accuracy, cent, Collective Intelligence, event derivative markets, event derivatives, markets, New Hampshire, prediction markets, wisdom of crowds | Leave a comment

Prediction markets are the best way to tap into the wisdom of crowds.

Posted on November 25, 2007 by Chris F. Masse

Swarm Creativity Blog: Thursday, April 26, 2007 On Stage: Scott Cooper, MIT researcher with the Sloan School of Management, co-author of Coolhunting Peter Gloor, MIT researcher with the Sloan School of Management, co-author of Coolhunting Steve O’Keefe, moderator Listening in … Continue reading →

Posted in Analysis (Meta), Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets | Tagged Barack Obama, business tool, cent, co-author, co-author of Coolhunting Peter Gloor, Collective Intelligence, Coolhunting Peter Gloor, corporate librarian, electricity market, energy crisis, event derivative markets, event derivatives, general information dump, Google, high-tech, Hollywood Stock Exchange, HP, International Bank for Reconstruction and Development, Microsoft, MIT, New York Times, Paul Wolfowitz, Pentagon, Peter Gloor, prediction markets, Republican candidate for President, researcher, School of Management, Scott Cooper, software delivery dates, Steve Jobs, Steve O'Keefe, Sweden, the New York Times, the University of Iowa College of Business, There, United States, USD, Warren Buffets, web chatter, wisdom of crowds | Leave a comment

Should the BetFair Casino lower the minimum bet to one penny?

Posted on November 7, 2007 by Chris F. Masse

BetFair Forum: Betfair Casino â€“ Reduced Stakes on Zero Lounge Games Betfair Customer ServicesÂ Â Â Â 07 Nov 14:08 After feedback from customers we have reduced the minimum bet on Zero Lounge games from Â£5 to Â£1. We hope that even … Continue reading →

Posted in Gambling | Tagged Betfair Customer Services, cent, France, GBP, pence, Zero Lounge | Leave a comment

BetFair Australia is a low-margin betting operator that helps horse racing compete against the other gambling products.

Posted on November 7, 2007 by Chris F. Masse

ABC News: [...] Betfair can take bets from right around the country [Australia], but needs a change in law in states other than Tasmania – where it is already licensed – to enable it to advertise. Mr Twaits says the … Continue reading →

Posted in Analysis (Industry), Exchanges & Markets | Tagged ABC, Australia, BetFair Australia, cent, low-margin betting operator, Niall O'Connor, racing industry official, Tasmania, USD | Leave a comment

Event Futures Trading vs. Stock Trading

Posted on October 24, 2007 by Chris F. Masse

Jason Ruspini and Caveat Bettor (who both are experienced Wall Street professionals) were kind enough to post a comment on my Don Luskin & Jeremy Siegel post. — Jason Ruspini: Active trading is very difficult. Most people should just invest … Continue reading →

Posted in Analysis (Meta), Finance | Tagged Caveat Bettor, cent, Don Luskin, Event Futures Trading, Exchange-Traded Fund, execution systems, Goldman Sachs, Jason Ruspini, Jeremy Siegel, USD, Wall Street | Leave a comment

The Bet2Give real-money betting exchange could facilitate the sponsoring of socially valuable prediction markets by foundations and think tanks.

Posted on September 21, 2007 by Chris F. Masse

Could Emile Servan-Schreiber push his Bet2Give concept a bit further? I’m thinking of something, having in mind the LongBets experiment. Bet2Give lets traders select the charity of their choice. Good. But can’t we go further than that? Why not letting … Continue reading →

Posted in Analysis (Industry), Exchange Genesis, Exchanges & Markets, Humor, Internet Marketing - Internet Commerce, Inventions & Innovations, Philanthropy | Tagged cent, Chris Hibbert, Emile Servan-Schreiber, prediction markets, Robin Hanson, United Nations | 1 Comment

Spectrum has a long article on prediction markets.

Posted on August 31, 2007 by Chris F. Masse

Bet on It! – (page two – page three + a crappy listing of exchanges) – by Steven Cherry In August 2004, Todd Proebsting, a researcher in Microsoftâ€™s platform and services division, was approached by a manager in the companyâ€™s … Continue reading →

Posted in Analysis (Industry), Analysis (Meta), Cases, Collective Intelligence - Wisdom Of Crowds, Consulting, Exchanges & Markets | Tagged cent, Chris F. Masse, consultant, Director, director of the group, France, Henry Berg, internal product, manager, manager in the company, Microsoft, researcher, software features, Sophia Antipolis, Steven Cherry, Todd Proebsting, USD | 4 Comments

Betcha’s Continuing Legal Struggles

Posted on August 16, 2007 by Michael Giberson

You can keep up with the news about Betcha, the Seattle-based betting platform suffering the continued attentions of the Washington State Gambling Commission through the Betcha blog. Founder Nicolas Jenkins has the latest update: Now We Know Why That Search … Continue reading →

Posted in All Guest Authors's Posts, Exchanges & Markets, Regulations | Tagged America, Betcha, cent, Chris F. Masse, counsel, deputy commissioner, founder, judge, Louisiana, Nick Jenkins, Nicolas Jenkins, Paula Casey, person-to-person betting site, Seattle, Sharon Reese, state legislature, Tom Bell, Washington, Washington State Gambling Commission | 2 Comments

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