Tag Archives: National Basketball Association

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Justin Wolfers et al. showed us evidence last year that NBA referees tend to call less fouls on players of their own ethnicity –and that this could influence the outcome of games. They have now turned their attention to the ability of the betting markets to exploit this inefficiency.

Zubin Jelveh -

Posted in Analysis (Data), Analysis (Market Efficiency), Betting, Economics | Tagged , , , , , , , , | Leave a comment

Linear Programming – Combined Value Trading – Parimutuel Call Market – Combinatorial Call Markets

- David Pennock: [...] Each order is associated with a decision variable x that ranges between 0 and 1, encoding the fraction of the order that the auctioneer can accept. There is one constraint per outcome that ensures that the … Continue reading

Posted in All Best Posts Ever, Economics, Mechanism Designs | Tagged , , , , , | 2 Comments

TRADESPORTS STOLE MY MONEY, claims trader Todd.

TradeSports’s side of the story, in my words: Todd’s trades on NHL games was reversed by TradeSports under Contract Rule 1.2 (“unrepresentative price”). _NHL.CAL@SJS.OVER5.5_ (mailto:NHL.CAL@SJS.OVER5.5) Sold 40 contracts at a price of 38.0 at: 05:32:27 AM GMT 01/04/08 Pre-game orders … Continue reading

Posted in Exchanges & Markets, Market Expiry, Market Makers (Human) | Tagged , , , , , , , , | Leave a comment

Is Steve Roman the Planet Earth’s best psychic of all times –past, present and future?

Steve Roman: Why Hedgestreet Will Fail They lead the prediction market field in generation of press releases, but their volumes and fees are abysmal. They are in an imaginary niche. The big boys play at the CME. The little guys … Continue reading

Posted in Analysis (Industry), Exchanges & Markets, Finance | Tagged , , , , , , , | Leave a comment

Justin Wolfers’ motivation is to improve our understanding of the world.

“DJ” (a university professor) from the collective blog, The Wages Of Wins: [Y]ou need to understand the nature of academic research. As professors of economics we have a tremendous amount of freedom. We are asked to do research, but choice … Continue reading

Posted in Economics, Prediction Journalism | Tagged , , , , , , , , | Leave a comment

Has Justin Wolfers responded elsewhere to Rick Borghesi’s argument?

Rick Borghesi, in August 2007: [...] I take the position (PDF) that, while point shaving in amateur sports may be somewhat more common than previously believed, the suspicious statistical trend that he identifies (heavy favorites win yet fail to cover … Continue reading

Posted in Analysis (Data), Betting, Economics | Tagged , , , , , , , | 2 Comments