Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: online poker

A libertarian view on the Internet betting and gambling industry in the United States of America

Jennifer:
This new bill from our good friends Reps. Paul and Frank, the one that simply makes the UIGEA go away, is the greatest piece of legislation yet on the subject. Sadly, very few poker players are jumping up and down about this. This new bill would save us from burdensome regulation and taxes and bring [...]

Independent production company seeks deep throats to spill beans on online poker industry and BetFair Poker.

Betting Market:

I am a researcher employed by a leading award winning UK based independent production company, that specialises in factual programmes. We are currently researching the online poker industry, for a forthcoming documentary that will look at the broader issue of the regulation of the online gambling industry.
I am interested in hearing from people who [...]

Is BetFair Poker a booby trap for the gullible novices? Does The Sporting Exchange (the operator of the BetFair brands) help gangs plucking down innocent recreational poker players?? To get an inkling, don’t read The Guardian, seeded by the BetFair spin doctor; read Midas Oracle.

Rab Bibater commenting here:

[...] the dark side of online poker – the fact that many players are colluding using devices such as MSN messenger; this is something that the average innocent, who decides to play online poker, is better not knowing about!

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Is that true, folks? (It sounds like it is.) Let me know in the [...]

Finally, someone tells the libertarian truth on the US ban against Internet betting and gambling.

Reason Magazine blog (who else?):
It’s too bad Europe, Japan, and Canada caved. Here’s hoping little Antigua stays plucky.
A few observations:
First, and most obviously, the U.S. government is so hellbent on policing the online habits of its citizens, it’s willing to pay what will likely be tens of billions of dollars of money in trade reparations—taken [...]

Profits to be down at Betfair

Betfair will this week announce its results for the year to 30 April 2007.
The past twelve months have seen a significant increase in the rate of investment by Betfair, as the company has sought to not only consolidate its position as the world’s leading betting exchange operator, but also, to broaden its product portfolio, so [...]

Justice, Washington State Gambling Commission Style

If the Washington State Gambling Commission wanted to show more contempt for the court system or the constitutional rights of Washington citizens, I’m having a hard time imagining what that would look like.
Some background: on July 6, Betcha.com filed a declaratory relief action against the Commission — we’re asking a court to rule on the [...]

Will InTrade-TradeSpots lose big after the (hypothetical) passing of the 2007 Internet Gambling Regulation and Enforcement Act???

Internet Gambling Regulation and Enforcement Act: WINNERS AND LOSERS
Aaron Todd:
WINNERS
1. States
That’s right, the biggest winners aren’t Internet gambling companies, nor is it the Internet gambler. It’s states, and states’ rights. Gambling has traditionally been regulated by states in the U.S., and this bill gives states the power to decide whether or not they will allow [...]

Aloha, Poker Players Alliance

As more prediction market enthusiasts in the U.S. reconcile themselves with eventual CFTC regulation, the Poker Players Alliance is making a bid to join the ranks of the privileged exemptions to UIGEA. Prediction markets have simply not been profitable enough to support a national lobby for a similar exemption. The CFTC route is cheaper [...]

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