Tag Archives: Editor

What I said to BusinessWeek

BusinessWeek’s Ricky McRoskey: Experts expect the initial reaction to CFTC regulation to be more low-cap, nonprofit markets like the one created by the University of Iowa. Some doubt the forecasting power in these small-scale markets, since there wouldn’t be enough … Continue reading

Posted in Analysis (Industry), Exchanges & Markets, Inventions & Innovations | Tagged , , , , , , , , , , , | 2 Comments

If you have tried to contact Chris Masse thru the Midas Oracle Contact Form, I’m terribly sorry to inform you that your message was not delivered to the recipient.

Folks, I have received 3 messages thru that Midas Oracle Contact Form, lately. They were all empty, so I thought they were spams killed by the Contact Form. But, in fact, the Contact Form was not working properly. (I got … Continue reading

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InTrade’s Software Glitch? – [See Jason Ruspini's comment, at the bottom of the post.]

Here is a beauty from InTrade, 12 hours ago: Bids and Asks at the same price. Looks like the ‘ol InTrade price-matching mechanism is working great. Signed: Deep Throat – - Editor’s Note: Here’s a new screen shot, taken this … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities, Software | Tagged , , , , , , , , , , , , | 3 Comments

Oh, Jesus: The editor of The Big Money (a business site that WashPo’s Slate will launch soon) misunderstands the prediction markets.

- His anti-scientific, simplistic arguments: They’re too small. The stakes are too low. They’re too slow to react to events. – He reaches the wrong conclusion: To get the maximum use out of them, we must—as with political polls—learn to … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets | Tagged , , , , , , , | Leave a comment

BetFair and InTrade (the so-called leaders in the field of prediction markets) haven’t had the first clue about prediction market journalism.

SCOOP: We have identified the bozo who edits BOTH the BetFair blog AND the InTrade bulletin. IT’S A FUCKING MONKEY. – WEB EXCLUSIVE — PLEASE, DO CREDIT MIDAS ORACLE FOR THE SCOOP. THIS IS NOT AN APRIL FOOL‘S DAY JOKE. … Continue reading

Posted in Exchanges & Markets, Humor, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

BetFair is as innocent as a lamb… but their P.R. people can’t tell you that at this time. Here’s why.

- Dear Midas Oracle readers, Besides the facts about BetFair Malta’s combo market maker operating on the multiples (which Midas Oracle informed you about back in January 2007), you may have heard the rumor that BetFair UK (in HammerSmith, London) … Continue reading

Posted in Analysis (Industry), Ethics, Exchanges & Markets, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , , , , , | 20 Comments

Digg vs. SlashDot vs. TechMeme/Memeorandum/BallBug vs. Yahoo! Buzz

Why do I want to publish about those social content websites on a blog devoted to prediction markets? – ANSWER: Because prediction market journalism should start off with a catch-all News-Of-The-Day module. How can an editor make up his/her determination … Continue reading

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BetFair-TradeFair (slightly) improve their blog, finally (it was about time) —and open 2 new sections: “prediction markets” and “financials”.

Here’s the vertical menu of the BetFair blog. Scroll down until you see “Politics”, and “Prediction Markets”. – - Here’s their section on politics: – Here’s their section on finance: – - My thoughts: Their “about” page still does not … Continue reading

Posted in Internet Marketing - Internet Commerce, Prediction Journalism, Resources - References | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Did the BetFair blog use trading data from InTrade to hint at BetFair’s accuracy??

Latest update on the BetFair blog fiasco — I am alerted today that the BetFair blog has updated its infamous Michigan story with a new compound chart bearing a clearer label. It reads now: Republican nomination – The race so … Continue reading

Posted in Analysis (Accuracy & Precision), Ethics, Exchanges & Markets, Market Expiry, Market Liquidity, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

The Michigan primary as seen thru the BetFair prediction markets

Thanks to Michael Robb from BetFair, I can show you the charts of the last day of trading on Michigan’s election day. You can see, on the Republican chart, Mitt Romney (in red) as the Comeback Kid —starting at 3:00PM … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , | Leave a comment