Tag Archives: Cleveland

The John Edwards Non-Affair: How on Earth did they get this photo, what does this photo prove, and which prediction markets should we trade on to profit from this alledged scandal?

- – Will CNN report on the John Edwards/mistress/baby rumors? | Hubdub – Will a supposed affair between John Edwards and Rielle Hunter be confirmed? | Hubdub – UPDATE: The Charlotte Observer UPDATE: National Review UPDATE: Google’s cached webpages of … Continue reading

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Combinatorial markets for independent events: Flawed use of approach hampers price discovery

“Which teams will play in the 2007 World Series?“ An experienced market manager has created a market asking this question at the Inkling public markets, setting it up at the end of the regular season and listing contracts in each … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Exchanges & Markets, Market Contract Statements, Market Prices & Probabilities, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

BetFair accurately predicted the direction of the interest rate change, but was too shy in its prediction of the amplitude of the interest rate change.

BetFair predicted: -0,25 The Fed decided: -0.50 That’s for the absolute accuracy. Now, what counts is the relative accuracy —the comparison between the prediction made by BetFair and the predictions made by the financial markets experts. I see that the … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Finance, Market Expiry, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

BetFair predicts: US Federal Funds Rate = 5%

What will be the change in US Federal Funds Rate at this month’s scheduled Federal Open Market Committee (FOMC) meeting? FOMC – September FOMC Current Rate 5.25% . – 0.25 UPDATE: BetFair accurately predicted the direction of the interest rate … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments