Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Martin Vassallo Arguello

BetFair-TradeFair fights corruption, while TradeSports-InTrade does not.


BetFair-TradeFair is legal and has ethics, while TradeSports-InTrade is not and has none.

Via Steve Roman who provides the recap and another excerpt, The New York Times:
[...] At the center of the investigation is Betfair, one of the largest so-called online sports exchanges, which matches bettors directly against each other, rather than against the house, as [...]

SPORTS CORRUPTION: The dark side of the prediction markets

BetFair:
Market Suspended – Martin Arguello v Nikolay Davydenko
Betfair Customer Services 02 Aug 18:45
Betfair has suspended settlement of the betting markets on this afternoon’s second round match of the ATP Orange Prokom Open in Poland between Martin Arguello and Nikolay Davydenko, pending investigation and consultation with relevant regulatory authorities. Betfair has had [...]

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