Tag Archives: Olympic

If the British legal betting companies offer bets on the sport, it is because there is demand for bets on the sport —and if that demand were not offered in a regulated environment, it would be filled in an unregulated one (like what we see with TradeSports-InTrade and MatchBook in the US market).

Mark Davies of BetFair (PDF file): International Leaders in Sport conference, Auckland, New Zealand. April 3-4th 2008. Keynote speech, April 4th. Mark Davies, Betfair. “New Understandings in Sports Betting” Minister, ladies and gentlemen… Thank you very much for your kind … Continue reading

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“I’m very concerned with the international situation and what’s happening in Tibet.”

- International Olympic Committee head Jacques Rogge – Olympics @ Wikipedia – - – Contract Rules – This contract will settle (expire) at 100 ($10.00) if there is an official boycott of the 2008 Olympic games in Beijing announced before … Continue reading

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The International Olympic Committee is going to endorse BetFair —kind of.

The Guardian: The International Olympic Committee is to attempt to forge a unified approach to sports betting across the Olympic disciplines, working with governments and international federations to prevent corruption associated with gambling [and betting]. Jacques Rogge, the IOC president, … Continue reading

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Once again, resignation prediction markets failed to the task.

US Attorney General Alberto Gonzales resigns. More. (Good riddance, by the way.) Doug Mills / The New York Times — Once again, Chris Masse was right on the money: [...] Just like the Olympic City prediction markets, the resignation prediction … Continue reading

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Does this prediction market chart look predictive to you?

Karl Rove will resign from the White House. Emile Servan-Schreiber: Chris, how exactly do you define “predictive”? If your criterion is “last trading price above 50%”, that would betray a very limited understanding of the nature of both probability and … Continue reading

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J.K. Rowling’s The Deathly Hallows = Harry Potter MUST Die! + Harry Potter Must NOT Die!

The NewsFutures prediction market on Harry Potter still believes (at 75%) that the most reasonable outcome will be that J.K. Rowling lets Harry Potter survives the 7-book series. Which does not mean that that’s going to happen. The prediction market … Continue reading

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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

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