Tag Archives: retail

Hey, mister the “pragmatist”, how would a for-profit, retail, real-money prediction exchange survive with such illiquid (socially valuable) prediction markets?

- And I bet those 2 trades are his own. – UPDATE: See his comment, just below. -

Posted in Exchanges & Markets, Market Liquidity, Market Prices & Probabilities | Tagged , , , , , , , | 2 Comments

Not enough profit opportunities in prediction markets?

Robin “High IQ” Hanson: (Don’t bother to complain such a market might pay terrorists to do it – they could make far far more money from such an act trading in existing financial markets.) Coming from one of the co-inventors … Continue reading

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IG Group buys HedgeStreet for $6,000,000.

Just as predicted by our Deep Throat in early October 2007 —”They are packaging HedgeStreet for a closing/fire-sale.” RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately … Continue reading

Posted in Business, Exchanges & Markets, Finance | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Accounting sales of digitally downloaded games

This post was originally written for users of the simExchange prediction market following the listing of a new video game product that is distributed both through traditional retail channels but also digital downloads. With the listing of LittleBigPlanet, the simExchange … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Contract Statements, Market Expiry | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

BetBrokers, the UK’s first retail and wholesale brokerage and clearing house for the sports betting industry

BetBrokers, the UK’s first retail and wholesale brokerage and clearing house for the sports betting industry, matched £28.5 million of betting transactions in 2006. (Via Betting Market.) BetBrokers Previous: Deep Throat on BetBrokers, “the World’s first independent betting brokerage” + … Continue reading

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Trading on Markets vs. WeatherBill, Market Scoring Rule, BetFair Multiples

I will try to be clearer. PROBLEM: Other than on popular prediction markets at TradeSports-InTrade and BetFair, liquidity is a problem. HANSON’S SOLUTION [*]: Market Scoring Rule. (See it in action: I’m betting the farm on AL Gore for the … Continue reading

Posted in Analysis (Meta), Betting, Exchanges & Markets, Finance, Hedging & Insurance, Internet Marketing - Internet Commerce, Inventions & Innovations | Tagged , , , , , | Leave a comment

HedgeStreet blog – I rate it as a C+.

The first version of the latest newsletter issue (Here comes Santa!) was first published 19 hours ago, on Sunday. I’ve just received an e-mail alert this Monday, at mid-day EST —with the date stamp on the blog post being updated. … Continue reading

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged , | 8 Comments

Speaking of Definitions ….

One useful way to define a set of things that you’re interested in, as opposed to a set of similar things that you are not interested in, is to create a list of relevant attributes of those things and all … Continue reading

Posted in All Guest Authors's Posts | Tagged , | 5 Comments

Reality check on TradeSports-InTrade’s recent statement

The spin doctoring goes like this: TradeSports, the leading person to person retail trading exchange, continues to grow and innovate in the lead-up to this November’s US elections. Reality Check: The world’s biggest retail, real-money prediction exchange is BetFair, actually. … Continue reading

Posted in Analysis (Industry), Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , | 8 Comments