Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: horse racing

YouBet video tutorial for betting on US horse racing over the Internet

YouBet has processed more than $2 billion in wagers (legally) since 1998.

Wimbledon Betting Markets

Whilst Vaughan Williams’ research on the horse race betting market is highly supportive of the notion that transaction costs are a barrier to efficiency, recent research by David Forrest and Ian McHale, lecturers at the University of Salford, has highlighted the fact that despite the presence of low transaction costs in the (traditional fixed odds) [...]

The horse that Steve Levitt predicted would finish last… actually *won* the Kentucky Derby.

Thankfully, no one pays attention.
I would like to read what Nate Silver thinks of horse racing forecasting.

BetFair in the USA — Problematic + Solutions

How should U.S. racing respond to betting exchanges like BetFair? – by Eugene Martin Christiansen
Via mister Betting Market

Global Horse Race Betting Exchange

Mark Davies of Betfair will attend the Standardbred Wagering Conference, at Caesars Windsor from Tuesday, April 28 – 29, 2009. He will sit on the “Life After Pari Mutuel Wagering?” panel.
It is to be hoped that Davies will make some headway with regard to promoting the notion of a global horse race betting exchange, [...]

Directory listing of BetFair price files

Directory listing of BetFair price files

The Beeb will reduce its coverage about horse racing.

The BBC will put up more Formula One, instead.
-

British Horseracing Authority’s Paul Struthers @ TimeForm Radio

British Horseracing Authority’s Paul Struthers @ TimeForm Radio
MP3 file – Streamlined
Very interesting —if you care about betting on UK horse races.
-

BBC’s Panorama, the most famous investigative TV news show of British television (the equivalent of CBS’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.

Panorama:
BBC One
Panorama
Wed 30 Jul, 9:00 pm – 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 reveals why those running the sport are so concerned about gamblers betting large sums of money on horses [...]

Excerpts of the BetFair’s answers to their traders’ questions

About the new bet-matching logic:
It’s not clear why you believe that the majority of those customers who use Betfair’s forum are unhappy about the introduction of the improved matching logic. The sport this will most significantly benefit is football [soccer], and there’s nothing we’ve heard from our football customers that would suggest they’re unhappy, nor [...]

Search

Post Categories