Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: prosecutor

PurePlay’s Patented Legal Hack

Some months ago, I noted that Betzip.com (since rechristened “PurePlay.com”) employs an intriguing legal hack to avoid anti-gambling regulations. It charges its customers a flat monthly fee, which qualifies them to win large prizes for winning online poker games. Non-paying customers can play the same games for free, too—though without qualifying for the [...]

British prosecutor spins like a top the BetFair virtues inside the courtroom.

Irish jockey Kieren Fallon, accused of being a member of a “conspiracy”:

Lefteris Pitarakis / AP

Via mister Niall O’Connor, BBC News:
The object of the conspiracy was to wager large amounts of money on a particular horse to lose in each of those races while knowing that the jockey was prepared, if necessary, to cheat by stopping [...]

Scooter Libby Trial: InTrade Probabilities vs. Byron York’s Insights

Byron York:
The key to it all is the issue of reasonable doubt. Fitzgerald has to convince all the jurors that Libby is guilty beyond a reasonable doubt on at least one of the charges. The defense has to meet a lesser standard; all it must do is convince jurors that there exist reasonable doubts about [...]

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