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	<title>Midas Oracle .ORG &#187; shared advertising revenue</title>
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	<description>Prediction Markets, etc.</description>
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		<title>Some prediction exchanges should follow the BetZip.com model.</title>
		<link>http://www.midasoracle.org/2007/06/19/some-prediction-exchanges-should-follow-the-betzipcom-model/</link>
		<comments>http://www.midasoracle.org/2007/06/19/some-prediction-exchanges-should-follow-the-betzipcom-model/#comments</comments>
		<pubDate>Tue, 19 Jun 2007 19:39:54 +0000</pubDate>
		<dc:creator>Chris F. Masse</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Internet Marketing - Internet Commerce]]></category>
		<category><![CDATA[Regulations]]></category>
		<category><![CDATA[Betcha]]></category>
		<category><![CDATA[George W. Bush]]></category>
		<category><![CDATA[judge]]></category>
		<category><![CDATA[Mike Linksvayer]]></category>
		<category><![CDATA[Nick Jenkins]]></category>
		<category><![CDATA[no-downside-risk PM]]></category>
		<category><![CDATA[shared advertising revenue]]></category>
		<category><![CDATA[Tom Bell]]></category>

		<guid isPermaLink="false">http://www.midasoracle.org/2007/06/19/some-prediction-exchanges-should-follow-the-betzipcom-model/</guid>
		<description><![CDATA[Says the all-excited Mike Linksvayer &#8211;(I&#8217;ve never seen him that excited, apart from the perspective of a George W. Bush impeachment): Great idea! A PM should do this, right now, taking care to create real money incentives and not encourage &#8230; <a href="http://www.midasoracle.org/2007/06/19/some-prediction-exchanges-should-follow-the-betzipcom-model/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><a title="BetZip.com - Win Big Without the Risk" href="http://www.midasoracle.org/2007/06/18/betzipcom-win-big-without-the-risk/#comment-15795">Says the all-excited <strong>Mike Linksvayer</strong></a> &#8211;(I&#8217;ve never seen him <em>that</em> excited, <a title="9-11 repeal: impeachment" href="http://gondwanaland.com/mlog/2006/09/11/911-impeach/">apart from the perspective of a George W. Bush impeachment</a>):</p>
<blockquote><p><strong><em>Great idea</em>! A PM should do this, right now, taking care to create real money incentives and not encourage risky bets.</strong> Iâ€™ve thought of the possibility of a no-downside-risk PM that only shared advertising revenue with players proportionately to their performance, but the money involved would be too little to be meaningful, or so I guessed. However, if BetZip is right[,] the money could be made â€œrealâ€ by permitting arbitrarily large subscription fees.</p></blockquote>
<p>On the Betcha.com front, just a follow-up note. Its founders (Nick Jenkins) has 4 or 5 counter-arguments to <strong><a title="Betcha.comâ€™s Hack of Anti-Internet Gaming Laws" href="http://www.midasoracle.org/2007/06/18/betchacoms-hack-of-anti-internet-gaming-laws/">Tom Bell&#8217;s take</a></strong>, but won&#8217;t share them publicly (i.e., with his competitors). &#8220;He&#8217;ll share them with the judge&#8221;, replied the ironic Deep Throat. <img src='http://www.midasoracle.org/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  We wish Nick Jenkins the very best.</p>
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