??? charity-driven prediction markets OR social issue prediction markets ???

No Gravatar


But, contrary to what Lucy Berholtz thinks, the former will go further than the latter &#8212-in my view.

My thoughts about the Financial Times article on Bet2Give:

  1. I have said from day one that it&#8217-s a great idea.
  2. This is a &#8220-unique&#8221- concept&#8230- until InTrade-TradeSports, Betdaq and BetFair-TradeSports decide to create a charity wallet for their traders. Complex, sure, but that might come, one day.
  3. I have the highest esteem for Lucy Berholtz, generally, but I&#8217-m with Emile Servan-Schreiber on the idea that Bet2Give is not a simple marketing trick. All the money but a small percentage goes to the traders&#8217- selected foundations. If all US betting were organized that way, that would mean a huge windfall for US foundations.
  4. Tyler Cowen makes sense.
  5. As for LongBets, it&#8217-s a failed experiment in my judgment. Too many one-sided &#8220-predictions&#8221- for only a fistful of agreed &#8220-bets&#8221-.