Tag Archives: MLB

Cliff Lee’s shocking choice to take less money and join the Philadelphia Phillies surprised the InTrade traders, too.

- USA Today. – InTrade on Cliff Lee. – Here’s the InTrade chart for “other teams” (other than the Yankees, Rangers, Mets and Nationals): Via Jason Ruspini

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Liquidity, Market Prices & Probabilities, Sports | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Better Pricing for Tournament Prediction Markets

Last year while working out a few thoughts on arbitrage opportunities in basketball tournament prediction markets at Inkling, it occurred to me that the Inkling pricing mechanism was just a little bit off for such applications. The question is whether … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Exchanges & Markets, Inventions & Innovations, Market Makers (Automated) | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Forecasting Tools for Anything

Via economist Greg Mankiw, economist Ian Ayres: Featured In Super Crunchers: Predict Your Child’s Due Date (Ayres) Predict the Value of Bordeaux (Ayres) Predict Justice Kennedy’s Vote (Ayres) Personal/Family: Predict How Long You’ll Live (Northwest Mutual) Predict Your Child’s Due … Continue reading

Posted in Forecasting (Science & Practice), Resources - References | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Americans Need to Embrace Betting Exchanges as the Preferred Way to Bet.

[This two-part article from David Stalcup is cross-posted from MajorWager: Part I + Part II. See disclosure at the bottom of this blog post.] — Pinnacle Sports introduced the serious and casual American bettor to reduced pricing, and betting has … Continue reading

Posted in All Guest Authors's Posts, Analysis (Meta), Betting, Exchanges & Markets, Explainers, Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment