Tag Archives: InTrade
Andrew Goldberg’s wrap-up on the InTrade prediction markets
Video by our good friend, Andrew Goldberg.
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A new blog on InTrade’s prediction markets: Prediction (Market) Insights
Prediction (Market) Insights… by Anonymous
Best wishes to him/her. I hope that he/she will reveal his/her ID in the future. “Wiser Than The Crowd” is the wrong role model in that regard, triple alas.
Addendum:
Thanks to my Deep Throats, I know roughly who “Wiser Than The Crowd” is. He did not lie. He indeed works for a [...]
The Daily Chuck = the best blog on prediction markets
Well, that is, if you put aside Midas Oracle, Freakonomics, Wiser Than The Crowd, Mercury, and Odd Head.
The Daily Chuck is written by… Chuck… the pseudo of a collegian from Florida. It is focused on InTrade’s prediction markets. I like that. You should too.
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Patrick Young (InTrade’s fifth Beatle) still can’t figure out the industry he helped created.
Well, we’re here to help out the lost souls.
Patrick Young:
Director and Founder: Intrade
Privately Held; 11-50 employees; Capital Markets industry
September 1999 – February 2002 (2 years 6 months)
I was one of the founders and a director of the company Intrade which set up one of the first sports exchanges in Europe.
Nowadays there is a [...]
InTrade daily prediction market wrapup
Video by our good friend, Andrew Goldberg —who, unlike Wiser Than The Crowd, is in the open.
Tell me in the comments whether his video has value for you. If yes, then I might re-publish it daily. Or let Andrew post it himself. Let me know whether that sounds like a good idea. Give Andrew some [...]
Wiser than the IRS?
He did not say, “I pay my taxes in the U.S.“:
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There are not enough big active traders on InTrade.
Wiser Than The Crowd:
[...] Based on my Intrade blog, the Intrade forum, and emails and PMs I’ve received, I’d estimate the number of sharp traders with more than $10,000 to trade is in the single digits. Many of them have different specialties (entertainment, financials, politics, etc.) and don’t compete with one another.
Fundamentally, in order to [...]
Prediction markets are a zero-sum game.
Did you lose money betting on InTrade, lately? Well, your money ended up in the pocket of that guy:
UPDATE: There was nothing about “hating the game” in my post. It was just a reference to the “sheep and wolves” concept floated by Robin Hanson. (See also the Iowa Electronic Markets research on their traders.)
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