Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Foresight Exchange

How BetFair Works = How BetFair lies about the history of the betting exchange industry

How BetFair Works — VIDEO

This BetFair video totally misinforms the public about the history of the betting exchange industry. It actually started in the United States of America, with the Iowa Electronic Markets in 1988, the ForeSight Exchange in 1994, and the Hollywood Stock Exchange in 1996.

“The fact that Inkling needs five bullet points and a graph to explain short selling is a good indication it’s too complicated.”

That was Jason Trost’s comment.
But see, first, Chris Hibbert’s comment:

My main complaint about using the “short-selling” terminology in prediction markets, is that it uses a term from finance that describes a complicated scenario to describe a simple scenario it doesn’t apply to. In financial markets, short selling means that you accrue money in order to [...]

Prediction markets, search engines, and social networking: a triangular marriage made in heaven.

Midas Oracle is a group blog devoted on all the dimensions of all the prediction markets. The marketing dimension is important. Since the Iowa Electronic Markets, the Foresight Exchange, the Hollywood Stock Exchange, BetFair, NewsFutures and TradeSports (which later spinned off InTrade) were created in the nineties or in the very beginning of this decade, [...]

Prediction Market Management — Foresight Exchange vs. Inkling Markets & HubDub

This is a follow-up post.

Ken Kittlitz (the head of the Foresight Exchange) to me:
You’re correct, the owner of an FX claim must find a different FX player to act as the judge. This is largely to ensure that at least more than one person thinks the claim is worth having.
With Inkling Markets and HubDub, at [...]

Is HSX the “longest continuously operating prediction market”??? – REDUX

This is a copy of the story that I ran on the sidebar blog, in mid-October:
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From the HSX site feed:
Hollywood Stock Exchange is an integrated marketing, research and technology company driven by its patented entertainment stock market, HSX.com, the longest continuously operating prediction market.
Reality Check:
Foresight Exchange – (FX, FSX) – (Alberta, Canada) — URL: IdeoSphere [...]

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