Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: eBay

eBay CEO John Donahoe: “We thought auctions was a religion. Auctions are nothing more than a format.”

eBay CEO Talks about Core Values: Auctions Are Not a Religion.

Buy up a play-money prediction exchange with all its traders

… on eBay.
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eBay = improving user experience + nurturing innovation

Our good friend Alex Kirtland has a long interview of Alan Lewis of eBay:

Photo: Alan Lewis
Alex Kirtland: Finally, Meg Whitman recently talked about how important improving the eBay user experience is to success of eBay. How has that had an impact on the culture / work style of eBay’s development teams?
Alan Lewis: This shift has [...]

Interesting information about BetFair I found out on their corporate website

BetFair Corporate:
Corporate and Operational Overview
Corporate Overview
Betfair is a registered bookmaker in the UK, where it operates an online betting exchange. Betfair also operates under licences in Australia, Austria and Malta and is seeking licences elsewhere within the European Union and further afield, notably in South Africa. Betfair welcomes regulation and is committed to paying the [...]

The BetFair Galaxy

BetFair – (Hammersmith, London, England, United Kingdom, E.U.) — Alternate URLs: BetFair.co.uk & Flutter.com — Described as “the eBay of peer-to-peer betting”. — BetFair is a prediction exchange that does not prominently display the last price. Instead, the “Express View” gives the best offer (i.e., ask price). To get the probability of a future outcome, click on the individual prediction market, and snap [...]

FREAKONOMICS: John Delaney of InTrade-TradeSports.

Freakonomics (last month):
Q: Briefly, what is Intrade?
A: InTrade is a marketplace, just like eBay or the NYSE, that provides innovative markets to trade, and the best darn predictive information on uncertain future events bar none!
InTrade is a prediction exchange (betting exchange) that organizes the trading of event derivatives. It specializes in non-sports prediction markets. (For [...]

PODCAST INTERVIEW: Russell Andersson of HedgeStreet

The Options Insider (streamlined audio on the site – MP3 file):
Mark Longo chats with Russell Andersson, co-founder of the on-line derivatives exchange HedgeStreet.
- HedgeStreet’s Unique Approach To Binary Event Derivatives
- HedgeStreet’s Struggle To Overcome The Stigma of the DARPA Terrorism Futures Exchange
- Can HedgeStreet Avoid Offending Its Customers As It Expands Into Potentially Questionable New [...]

REPORTS OF THE BETCHA.COM DEMISE HAVE BEEN GREATLY EXAGGERATED.

[This blog post is cross-posted from Nicholas Jenkins' blog post at Betcha.com.]

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats [...]

Betcha.com: On Steamroller Justice and Reports of our Demise

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats running roughshod over its citizens turns your stomach, stop reading [...]

Betcha.com’s Hack of Anti-Internet Gaming Laws

Betcha.com recently began offering a U.S.-based, P2P, honor-based betting service. Its FAQ claims that Betcha.com avoids the reach of domestic state and federal anti-gambling laws because, “Unlike any other betting venue on the planet, Betcha bettors always retain the right to withdraw their bets . . . . Therefore, they are not ‘risking’ anything. [...]

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