Tag Archives: PaddyPower

How Business Insider got it wrong with the Tiger Woods divorce cost odds

PaddyPower is a bookmaker, not a prediction exchange. Hence, the Tiger Woods divorce cost odds are computed by an analyst, not by the market. 1. It is not the “punters” who have fabricated the odds, but a PaddyPower employee. 2. … Continue reading

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CEO Termination prediction markets, anyone??

New York Times’ Andrew Ross Sorkin: Betting on the Next Wall Street C.E.O. Exit [...] Paddy Power, the Irish gambling site, has decided to tap the wisdom of crowds and set odds on who the next C.E.O. casualty will be. … Continue reading

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