Chris F. Masse January 8th, 2008

Why is HSX the Planet Earth’s most popular play-money prediction exchange? –> Because Max Keiser went on TV each week pitching HSX, in the late 90s.
CNN prediction exchange –> pitched on CNN TV, soon = good thing
CNBC prediction exchange –> pitched on CNBC TV, soon = good thing
Now what the industry needs is… a prediction market TV show.
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Related Thought: As I said to a journalo today, I’m rooting for NewsFutures when it comes to software for CDA, play-money prediction markets. And I said that the PopSci PPX media team did the best work when it comes to managing an prediction exchange. Outstanding work. Fuck, NewsFutures and PopSci PPX should have worked together. EJSS’s rear end should be kicked, commercially speaking. He should learn to sell.
(Mike Giberson will say he prefers Inkling Markets.
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UPDATE: Max Keiser (the co-founder of HSX) comments…
The reason HSX is the most successful is due to my design that integrates a virtual currency, virtual securities and a virtual specialist tech. (patented; the only patent in the industry). Anything that came before HSX are basically electronic betting pools and everything that came after is a pale wannabe. Yes, I also did a lot of television but the key is the design itself. It’s a highly satisfying experience for traders despite the fact that HSX was dumbed down in 1998 to appease VC’s who thought it should be more like a ‘game.’ As far as a PM-based TV show… Watch this space. I should have some news on that front by the first week of Feb.
Tags: CNBC, CNN, CNN Political Market, Consensus Point, event derivative markets, Hollywood Stock Exchange, HSX, Inkling, inkling markets, Max Keiser, NewsFutures, PopSci PPX, prediction markets, TV