Tag Archives: President

Why Robin Hanson is right to freak out about the upcoming CFTC ruling on “event markets” (prediction markets)

Robin Hanson is trembling in his pants: Coming soon after speculators were blamed for rising commodity prices, I fear this is bad news for hopes for legal prediction markets anytime soon. – The CFTC decisions are politically sensible in 4 … Continue reading

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In black, the comment made by the ubber president of the Pennock fan club. But I want Jason Ruspini to dissent in the comment area with another argument.

- UPDATE: He took the bait… -

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What InTrade CEO John Delaney told the CFTC about “event markets” (prediction markets)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): July 4th 2008 The Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street NW Washington, DC 20581 U.S.A. Attention: Office of the Secretariat RE: “Concept Release … Continue reading

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“InTrade’s market data shows that the sliding Dow Jones Industrial Average has an exceptionally strong negative correlation (approx. -0.91 over the last 10 weeks) with the rise in the InTrade Market for Barack Obama to be the next US President.”

- UPDATE: Some smart comments, just below… -

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FOREIGN OIL DEPENDANCY: Will the next US president adopt T. Boone Pickens’ 10-year energy plan?

Would make a great long-term prediction market. – T. Boone Pickens’ Op-Ed – $$$ T. Boone Pickens – Video @ Market Watch – Pickens Plan .com T. Boone Pickens – Video – Some energy prediction markets listed at PPX. -

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2008 US ELECTORAL MAP PREDICTION: Prediction Markets for the 2008 US Electoral College

ELECTORAL COLLEGE MARKETS: Probabilistic predictions for the 2008 US presidential elections based on market data from InTrade Ireland —(electoralmarkets.com). By Lance Fortnow, David Pennock, and Yiling Chen. – - #1. Explainer On Prediction Markets – A prediction market is a … Continue reading

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Chris Masse’s second comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —— midasoracle —— com chrisfmasse —— gmail —— com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

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Chris Masse’s first comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —– midasoracle —– com chrisfmasse —– gmail —– com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

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NewsFutures is the most usable prediction exchange I know of.

Each time I get to trade on a NewsFutures-run prediction market, I have the pleasure of my life. Better than sex. – A Democrat will be elected President in 2008. © NewsFutures – Plus, it’s easy to embed their dynamic … Continue reading

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My response to the CFTC on event contracts

Here is my response to the CFTC’s “Concept Release on the Appropriate Regulatory Treatment of Event Contracts.” I appreciate this opportunity to help in working towards regulated prediction markets in the US, and I thank the Commissioners for it. Given … Continue reading

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