Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: New York Post

Playing fantasy sports is not gambling. The Unlawful Internet Gambling Enforcement Act includes a specific exemption for fantasy sports, provided the prizes are determined in advance and the imaginary teams don’t correspond to any real teams.

Written by Chris F. Masse on June 23, 2008 — Leave a Comment

New York Post
I expect TradeSports and BetFair to join this industry, one day.
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Posted in Entertainment, Regulations, Sports | Also tagged , , , , , , , , , , ,

Matt Drudge links to a NY Post story about InTrade’s VP prediction markets.

Written by Chris F. Masse on June 3, 2008 — Leave a Comment

Drudge Report: GAMBLERS BET ON HILL & MITT FOR VEEP…
New York Post: GAMBLERS BET ON HILL & MITT FOR VEEP.
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Posted in Exchanges & Markets | Also tagged , , , , , , ,

New Product Innovation: Enterprise Prediction Markets Can Help.

Written by Chris F. Masse on April 13, 2008 — Leave a Comment

Via the New York-based Yahoo! Research scientist who was video-interviewed by the New York Post, the other day; Teck-Hua Ho & Kay-Yut Chen:
New Product Blockbusters: The Magic and Science of Prediction Markets
Teck-Hua Ho & Kay-Yut Chen
50/1 (Fall 2007): 144-158
New product innovation is a strategic business activity that involves significant financial resources and managerial attention. [...]

Posted in All Best Posts Ever, Analysis (Meta), Cases, Consulting, Exchanges & Markets, Internet Marketing - Internet Commerce | Also tagged , , , , , , , , , , , , , , , ,

Speculating on event derivative markets is not “investing”.

Written by Chris F. Masse on April 10, 2008 — Leave a Comment

Ultra pertinent remark from the Club For Growth blogger:
[The New York Post video] is an informative video, but I want to quibble about two things. I view the term “investing” as the act of buying an asset with the hopes of it appreciating in value sometime in the future. Used correctly, you “invest” in a [...]

Posted in Explainers | Also tagged , , , , , , , , , ,

Video on InTrade’s political prediction markets

Written by Chris F. Masse on April 9, 2008 — 1 Comment

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Via Yahoo! Research scientist David Pennock (pictured in the video, with, in the background, a whiteboard full of complex mathematical equations, which impressed the young New York Post journalist)… this New York Post video (embedded just below).
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John Delaney’s statement that people (did he say “pundits” or “people”?…) were predicting a John Kerry victory in November [...]

Posted in Analysis (Meta), Exchanges & Markets, Explainers, Market Prices & Probabilities | Also tagged , , , , , , , , , ,

Never talk when you can nod, and never nod when you can wink, and never write an e-mail because it’s death. You’re giving prosecutors all the evidence we need.

Written by Chris F. Masse on March 12, 2008 — Leave a Comment

Dixit Eliot Spitzer, the then-New York attorney general.
Frightening.
New York Post
Reason magazine
ABC News
Wall Street Journal
Wall Street Journal
Slate
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Psstt… Somebody registered Client9.com just after news broke…

Posted in Exchanges & Markets, Humor, Market Prices & Probabilities | Also tagged , , , , , , , , , , , ,

Eric Zitzewitz’s 10 minutes of fame

Written by Chris F. Masse on March 11, 2008 — Leave a Comment

Turns out he has published a paper on Eliot Spitzer —PDF file.
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New York Post
New York Times
Wall Street Journal
Portfolio
ABC News
ABC News
Wall Street Journal
Wall Street Journal
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Posted in Exchanges & Markets, Market Prices & Probabilities, Politics | Also tagged , , , , , , , , , , , ,

French President-Elect Nicolas Sarkozy (R) to Bo Cowgill (R) and all the other Yankees (Rs & Ds): YOU ARE MY FRIENDS.

Written by Chris F. Masse on May 7, 2007 — Leave a Comment

Google’s Republican-leaning Bo Cowgill rejoices.
New York Post: OUR NEW AMI SALUTES AMERICA THE BEAUTIFUL
The Wall Street Journal: President Sarkozy
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But don’t expect Sarkozy to revert Chirac’s “no” policy on the Iraq war.
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Posted in Politics | Also tagged , , , , , , , ,

ProTrade = The Jock Exchange, the first public stock market that trades in professional athletes??

Written by Chris F. Masse on April 17, 2007 — 7 Comments

Dominique Basulto, the extraordinary blogger who writes for Endless Innovation, sends me a couple of intriguing links.
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New York Post (about Portfolio, the new business magazine I told you about on Sunday):
[...] One of the more riveting pieces was a Michael Lewis prediction about a sports stock market exchange in the near future, in which the [...]

Posted in Exchanges & Markets, Finance, Inventions & Innovations | Also tagged , , , , , , , , , , , , , , , , , , , , , ,

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