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	<title>Midas Oracle .ORG &#187; horse betting</title>
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	<description>Prediction Markets, etc.</description>
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		<title>A somewhat simplistic, but nonetheless interesting, article in which the predictive quality of the BetFair market is slagged off, because it upsets their traditional form book study methods (by implication, of course, if they are right, then everybody could/should/would just follow the late money and win).</title>
		<link>http://www.midasoracle.org/2010/09/15/betfair-predictive-ireland/</link>
		<comments>http://www.midasoracle.org/2010/09/15/betfair-predictive-ireland/#comments</comments>
		<pubDate>Wed, 15 Sep 2010 07:11:53 +0000</pubDate>
		<dc:creator>Chris F. Masse</dc:creator>
				<category><![CDATA[Analysis (Industry)]]></category>
		<category><![CDATA[Betting]]></category>
		<category><![CDATA[Collective Forecasting]]></category>
		<category><![CDATA[Collective Intelligence - Wisdom Of Crowds]]></category>
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		<category><![CDATA[Ireland]]></category>
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		<guid isPermaLink="false">http://www.midasoracle.org/?p=21756</guid>
		<description><![CDATA[Niall O&#8217;Connor offers you this link for free.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.independent.ie/sport/horse-racing/form-goes-out-window-in-new-betting-order-2271754.html">Niall O&#8217;Connor offers you this link for free</a>.</p>
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		<title>BBC&#8217;s Panorama, the most famous investigative TV news show of British television (the equivalent of CBS&#8217;s 60 Minutes in the US), will air a segment on sport corruption and insider trading in the world of betting, on Wednesday, July 30, 2008.</title>
		<link>http://www.midasoracle.org/2008/07/26/bbc-panorama-betting/</link>
		<comments>http://www.midasoracle.org/2008/07/26/bbc-panorama-betting/#comments</comments>
		<pubDate>Sat, 26 Jul 2008 09:52:43 +0000</pubDate>
		<dc:creator>Chris F. Masse</dc:creator>
				<category><![CDATA[Ethics]]></category>
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		<category><![CDATA[insider trading]]></category>
		<category><![CDATA[Panorama]]></category>
		<category><![CDATA[Paul Kenyon]]></category>
		<category><![CDATA[prediction exchanges]]></category>
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		<guid isPermaLink="false">http://www.midasoracle.org/?p=7808</guid>
		<description><![CDATA[Panorama: BBC One Panorama Wed 30 Jul, 9:00 pm &#8211; 10:00 pm 60mins Nearly six years after its award-winning expose of corruption in horse racing, Panorama returns to the sport of kings to investigate the world of betting. Paul Kenyon &#8230; <a href="http://www.midasoracle.org/2008/07/26/bbc-panorama-betting/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><a href="http://news.bbc.co.uk/1/programmes/panorama/">Panorama</a>:</p>
<p style="padding-left: 150px;">BBC One<br />
Panorama<br />
Wed 30 Jul, 9:00 pm &#8211; 10:00 pm  <strong>60mins</strong></p>
<p style="padding-left: 150px;">Nearly six years after its award-winning expose of <strong>corruption in horse racing</strong>, Panorama returns to the sport of kings to investigate <strong>the world of betting.</strong> Paul Kenyon reveals why those running the sport are so concerned about <strong>gamblers betting large sums of money on horses not to win, but to lose. [*] </strong>While ordinary punters risk their cash on picking winners, <strong>those in the know</strong> are playing a different game altogether.</p>
<p>-</p>
<p><strong>[*] </strong>A mechanism made ultra convenient by the arrival of &#8220;betting exchanges&#8221; (real-money prediction exchanges), like BetFair and Betdaq.</p>
<p>Thanks to <a href="http://www.midasoracle.org/2008/07/24/how-does-intrade-deal-with-insider-trading/#comment-20864">our commenter</a> for the tip.</p>
<p>Will somebody help us (who don&#8217;t live in the United Kingdom) to get to know what will be said that day on the Beeb?</p>
<p>-</p>
<p>UPDATE:</p>
<p>- <a href="http://news.bbc.co.uk/1/hi/uk/7531388.stm">BBC</a></p>
<p>- <a href="http://news.bbc.co.uk/2/hi/programmes/panorama/7533829.stm">BBC</a></p>
<p>- <a href="http://www.guardian.co.uk/sport/2008/jul/31/horseracing">Guardian</a></p>
<p>-</p>
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