Tag Archives: prediction exchange

TradeFair (the British equivalent of HedgeStreet) has opened 2 sets of prediction markets on UK and US politics.

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This social media graph is all bullshit. They put HubDub under “crowdsourced content” (like Digg), because that’s the P.R. bullshit that Nigel Eccles sent out at inception to gullible journalists and credulous bloggers. As a matter of fact, if you look closely at the recent evolutions of the play-money prediction exchange HubDub, the social networking component (think FaceBook) is where the real focus is on.

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OPEN-SOURCE PREDICTION EXCHANGE: How Smarkets is going to eat BetFair’s lunch —well, they hope.

TechCrunch UK There’s an interesting twist – they plan to offer an open API for people to develop their own betting applications and use the Smarkets infrastructure. Their idea is this: users don’t need knowledge of odds or experience. It’s … Continue reading

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BetFair makes the frontpage of the New York Times –as the White Knight of sports. — Note that the term “prediction markets” is never pronounced. — TradeSports is not mentioned, but the last paragraph of the article suggests that all Internet sports betting should be legal and regulated.

- Previously: BetFair’s Mark Davies on sports betting and the fight against corruption -

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ABC 20/20 — A good (but servile) explainer on the wisdom of crowds and the prediction markets

ABC 20/20 featuring InTrade – (May 9, 2008) Foretelling The Future: Online Prediction Markets — (4 pages in all) ABC video YouTube video – Not a single word about InTrade-TradeSports fucking up its traders during the North Korea Missile episode. … Continue reading

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NEWS FROM DOWN UNDER: A political prediction exchange for New Zealand

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InTrade’s Software Glitch? – [See Jason Ruspini's comment, at the bottom of the post.]

Here is a beauty from InTrade, 12 hours ago: Bids and Asks at the same price. Looks like the ‘ol InTrade price-matching mechanism is working great. Signed: Deep Throat – - Editor’s Note: Here’s a new screen shot, taken this … Continue reading

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BetFair is as innocent as a lamb… but their P.R. people can’t tell you that at this time. Here’s why.

- Dear Midas Oracle readers, Besides the facts about BetFair Malta’s combo market maker operating on the multiples (which Midas Oracle informed you about back in January 2007), you may have heard the rumor that BetFair UK (in HammerSmith, London) … Continue reading

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Smarkets is a Web-based, person-to-person betting exchange platform built on the fusion of social networking and trading technology.

Still-in-beta Smarkets blog (the “about” page): Smarkets is a web-based, person-to-person betting exchange platform built on the fusion of social networking and trading technology. Unlike traditional methods of betting, online betting exchanges remove the bookmaker by allowing users to bet … Continue reading

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Inkling Markets and NewsFutures should merge. Or play-money InTrade should let users create their own event derivative(s). Or maybe TradeFair should do it. Or Zocalo should be based on the Web. Or Greg Knaddison should pop out of his Colorado cave with something great.

Whatever. So we could have at least one user-managed, CDA-powered , play-money prediction exchange. (With some MSR-inspired automated market maker, maybe.) And, by the same token, thousands of little Gibersons who will create and expire new event derivatives. I got … Continue reading

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