Tag Archives: Robin Marks

Did the BetFair blog use trading data from InTrade to hint at BetFair’s accuracy??

Latest update on the BetFair blog fiasco — I am alerted today that the BetFair blog has updated its infamous Michigan story with a new compound chart bearing a clearer label. It reads now: Republican nomination – The race so … Continue reading

Posted in Analysis (Accuracy & Precision), Ethics, Exchanges & Markets, Market Expiry, Market Liquidity, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

BetFair-TradeFair fights corruption, while TradeSports-InTrade does not.

— BetFair-TradeFair is legal and has ethics, while TradeSports-InTrade is not and has none. — Via Steve Roman who provides the recap and another excerpt, The New York Times: [...] At the center of the investigation is Betfair, one of … Continue reading

Posted in Betting, Ethics, Exchanges & Markets, Market Prices & Probabilities, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

BetFair’s Global Warming Prediction Markets

As you have seen, Niall O’Connor posted about BetFair’s Global Warming prediction markets, yesterday, Wednesday. I searched the Web and couldn’t find their announcement. So I e-mailed Robin Marks (the Head of the Media Department at BetFair), and he was … Continue reading

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Does betting exchange BetFair handle more daily trades than the New York Stock Exchange?

No, but BetFair might well be the world’s third financial exchange in terms of transaction volumes (which is a secondary metrics, of course). Steve Roman (who works in NYC’s financial industry) attracted my attention to this line from The Los … Continue reading

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BetFair has an anti-fraud team whereas InTrade-TradeSports has none.

That’s the chunk of truth that no US journalist or blogger or prediction market scholar will dare telling you. — Czarek Sokolowski / AP — The Los Angeles Times has a two-page investigation into the alleged corruption of that tennis … Continue reading

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