Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Federal

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. [...]

BETCHA.com: Where is law professor Tom Bell when we need him?

Here’s Tom Bell’s website.
ABOUT BETCHA: I wish Nick Jenkins the very best.
BetBug (which billed itself as the “Kazaa of betting”, and thus thought that it was above the law):
Dear BetBug User,
It is with deep regret that BetBug has voluntarily chosen to stop publishing its peer-to-peer software and will stop populating the software’s wagering menu with [...]

Betting Exchange BetBug Exits The US Market.

Via Niall O’Connor of BettingMarket.com, BetBug frontpage:
Dear BetBug User,
It is with deep regret that BetBug has voluntarily chosen to stop publishing its peer-to-peer software and will stop populating the software’s wagering menu with events. The effect will be that users will no longer be able to use the software to find others with whom they [...]

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