Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: law enforcement

The NewsFutures sheriff takes his job too seriously.

Written by Chris F. Masse on July 2, 2008 — Leave a Comment

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Don Reynolds, you’re in the “prediction market industry” —not in the “law enforcement industry”.
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All that said in all web friendship to Don Reynolds of NewsFutures.
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Makes me think of that military joke.
- How did you get in the Army?
- Sergeant, I got 3 reasons for being in the Army:
First, I’m patriotic.
Second, I love my [...]

Posted in Exchanges & Markets, Humor | Also tagged , , , , , , , , , , , , , ,

Robin Hanson made a career telling people he is “not a joiner”, but where the hell can you spot his true beliefs in Bob’s petitions?

Written by Chris F. Masse on May 20, 2008 — Leave a Comment

Robin Hanson at LinkedIn
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Robin Hanson:
[...] I have a passion, a sacred quest, to understand everything, and to save the world. I am addicted to “viewquakes”, insights which dramatically change my world view. I loved science fiction as a child, studied physics and artificial intelligence for a long time each, and now study economics [...]

Posted in Exchanges & Markets, People | Also tagged , , , , , , , , , , , , , , ,

John McCain’s grumpy old pal writes to Bo Cowgill’s boss.

Written by Chris F. Masse on May 20, 2008 — Leave a Comment

Joe Lieberman:
May 19, 2008
Dr. Eric Schmidt
Chairman of the Board and Chief Executive Officer
Google, Inc.
1600 Amphitheatre Parkway
Mountain View, CA 94043
Dear Dr. Schmidt:
YouTube is being used to share videos produced by al-Qaeda and other Islamist terrorist groups. The purpose of this letter is to request that Google implement its own policy against this offensive material, remove these [...]

Posted in Ethics, Politics, The Internet | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Are U.S. banks capable of stopping transactions tied to event derivative traders made for speculating at InTrade-TradeSports and MatchBook?

Written by Chris F. Masse on April 2, 2008 — 2 Comments

New York Times:

Congress to Take Testimony on Internet Gambling Ban
By Matt Richtel

The Unlawful Internet Gambling Enforcement Act of 2006 made it illegal for banks and other financial institutions to process online wagers. The goal was to find an indirect way to regulate offshore casinos [... and sportsbooks... and real-money prediction exchanges...], which are outside the [...]

Posted in Regulations | Also tagged , , , , , , , , , , , , , , , , , ,

Widespread Corruption in Sports Gambling: Fact or Fiction?

Written by Rick Borghesi on August 20, 2007 — 2 Comments

Justin Wolfers has captured the attention of many with his now infamous paper (PDF) in which he proposes that college athletes shave points far more frequently than previously believed. He deserves a great deal of credit for the originality of his methods, his well-thought-out and diplomatic responses to criticism, and provoking an incredibly interesting debate.
There [...]

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Data), Analysis (Meta), Betting, Economics | Also tagged , , , , , ,

REPORTS OF THE BETCHA.COM DEMISE HAVE BEEN GREATLY EXAGGERATED.

Written by Chris F. Masse on July 12, 2007 — Leave a Comment

[This blog post is cross-posted from Nicholas Jenkins' blog post at Betcha.com.]
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Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats [...]

Posted in Betting, Entrepreneurship, Exchanges & Markets, Regulations | Also tagged , , , , , , , , , , , , , , , , , , , ,

Betcha.com: On Steamroller Justice and Reports of our Demise

Written by Nick Jenkins on July 11, 2007 — Leave a Comment

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats running roughshod over its citizens turns your stomach, stop reading [...]

Posted in All Guest Authors's Posts, Betting, Entrepreneurship, Exchanges & Markets, Regulations | Also tagged , , , , , , , , , , , , , , , , , ,

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