Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Ken Livingstone

Londoners (among them many faithful Midas Oracle readers) go voting today. Spot, in the first chart, that British political betting expert Mike Smithson serves some (IMPLIED) PROBABILITIES EXPRESSED IN PERCENTAGES to his readers —and not those fu***ng fractional odds, or those equally fu***ng digital / decimal odds.

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Boris Johnson, next mayor of London:

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RELATED: BetFair’s “percentage vote share” prediction markets are illiquid, alas.
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BetFair blog’s London page — Tabloid style. I don’t like it much. I think politics should be treated more seriously.

Mike Robb’s index page —maybe he’ll publish something new today (if he finds inspiration after a good Guinness).
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MORE INFO: I read a [...]

How BetFair screw up the “Next Mayor Of London” embeddable, enriched, compound chart widget —BIG TIME

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PUT YOUR MOUSE CURSOR ON ONE OF THE WHITE DOTS PRESENT ON THE CHART, AND SPOT THE POP-UP MESSAGE.
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IF YOU’RE READING THIS FROM WITHIN YOUR FEED READER, GO TO THE BLOG POST, ON THE MIDAS ORACLE WEBSITE, BECAUSE THE BETFAIR CHART WIDGET IN QUESTION DOESN’T APPEAR IN THE FEED.
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1. The chart should output the market-generated, [...]

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