Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: RugBY League

In a blow to the French, BetFair choose Bastille Day to premiere the revised version of the bet-matching logic of their prediction markets. — IMPROVEMENT MEANS BETTER LIQUIDITY FOR THEIR EVENT DERIVATIVE TRADERS.

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BetFair:
Improvements to Betfair’s bet matching logic today, Monday 14th July:
What’s changing?
We’ve improved the code that matches bets. As well as matching backs against lays as we’ve always done, we’ll also try to match your bet against bets on other selections in the market. We‘ll give you an improvement over the price you‘ve requested where possible, [...]

The definitive proof that Emile Servan-Schreiber, the NewsFutures CEO, is an essential part of the world-wide conspiracy aiming at silencing BetFair.

[This post is filed in the "humor" category, of course. ]

Take a look at the blogroll of the NewsFutures blog, which cites everybody but BetFair:
Recent Posts
UC Riverside’s eLab eXchange : featuring Competitive Forecasting and Idea Pageants
Demise of a Sarko Killer
Results of the Dutch Political Stock Market
Los Angeles conference on collective intelligence networks
Washington DC [...]

Hanson’s Market Scoring Rule Explained in Five Sentences, Why Betfair Gets So Little U.S. Press Coverage, and other Half-Baked Commentary by Michael Giberson

[Chris Masse invited me to submit to an email interview. I’m responding here to Chris’s questions, rendered in italics below. I'm not sure that anyone other than Chris will be interested, and half-way through he may regret this idea himself. This piece may single handedly kill off 60 90 percent of the interest in [...]

Deep Throat on Deep Throat on BetBrokers, “the World’s first independent betting brokerage”

A reader (… anonymously… with a fake e-mail address) replies to Deep Throat:
As a share holder of Betbrokers, I find some of the comments made unfair and untrue. True, Betfair does have better prices than the norm but what if I want £2,000 on a horse at the 3.30, the show might be 7/4 and [...]

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