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Tag Archives: prediction market journalism

The anonymity of “Wiser Than The Crowd” will expire soon.

The sometimes excellent prediction market blogger “Wiser Than The Crowd” says that he will disclose his real name, soon. (An upcoming Slate article will feature him, he says.) That is a great news, as it will bring more credibility to his prediction market journalism, and will allow him to be a full member of the [...]

The prediction markets chalk another one up, as Susan Boyle is sent packing.

I have an ongoing disagreement with Prof Panos about how to report a set of expired prediction markets. He claims that one should report “the historic average of similar markets”. That’s important but not urgent. First thing is to report whether one prediction market of interest has failed or succeeded. I have explained that that [...]

Why reporting on *one* expired prediction market is no fun… when using the scientific approach

Panos Ipeirotis hates it when I report an individual prediction market “failure“. (”Stupidity” is how he labelled it. )

I am a fan of Panos Ipeirotis’s scientific approach on prediction markets. It is all right.
However, I (obviously) won’t use the statistical and probabilistic approach when reporting about the expiry of one (or two) prediction [...]

Why BetFair and InTrade as media can’t be trusted

TechCrunch:
As a consumer, when’s the last time you read an advertorial and walked away inspired or informed?
Never.
And this is my version of the question:
As a consumer, when’s the last time you read a post by BetFair Predicts and walked away inspired or informed?
Never, as for moi. Do give your answer in the comments. Commercial companies [...]

Wiser Than James Surowiecki

In my previous post, I made an attempt at piercing the real identity of “Wiser Than The Crowd”… … Here is his reply:
Thanks for the link. Though I’m flattered that my writing is good enough to confuse someone into thinking that I work for the New Yorker, I really am a neuroscientist doing [...]

Making money on the spreading (or taming) of H1N1

For info, see our good friend “Caveat Bettor”, which is the pseudonym of a savvy New York-based financial expert —who made no mystery of his real identity to moi (I won’t tell).
See also “Wiser Than The Crowd”, which is probably the pseudonym of a very smart financial expert, financial entrepreneur and prolific book author —with [...]

Prediction Market Journalism

In short, PM traders can indirectly effect the market on which they make predictions. Journalists get both crowdsourced investigative research and a percentage of trading commissions.

The one thing I enjoy every Monday morning

As a prediction market aficionado, what lights me up are stories about… (of course)… how the prediction markets are assessing important news. The HubDub blog publishes, every Monday morning, a post that rounds up the 5 most prominent (that’s subjective) news stories of the week, with the prediction market charts, so we can spot which [...]

3 reasons why bloggers should boycott BetFair Predicts

I am writing this post with the hope that the good BetFair people in HammerSmith stumble on it, and make the necessary changes.
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I do recommend that my fellow bloggers boycott BetFair Predicts for these 3 important reasons:

The background of the BetFair Predicts charts is colored in black —which is the color associated with death. Their [...]

Prediction Market Journalism

Very smart (and funny) post on the HubDub blog about prediction market journalism —which should aim at demonstrating the real social utility of the prediction markets on news events. Some prediction markets are more useful than others, and, sometimes, some portion(s) in the life of one particular prediction market is/are more useful than other portions.
Let’s [...]

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