Tag Archives: software vendors

Should prediction exchanges and software vendors have their own Scientific Advisory Board?

BetFair, TradeSports-Intrade and Betdaq don’t have any —and they are doing great. (InTrade has great connections with the US-based economists, it should be noted.) NewsFutures has one. Xpree has one. Consensus Point has an informal one, it seems. As for … Continue reading

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Demand forecasting systems: Spending a lot on software doesn’t guarantee success.

Product line demand forecasting stands as the proto-typical application for internal prediction markets. Internal prediction markets may have other uses, but the demand forecasting story is probably the most straightforward and has been most often discussed in articles on the … Continue reading

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How To Make Money With Prediction Markets

How To Make Money With Prediction Markets — Speculating On The Real-Money Prediction Exchanges (Betting Exchanges) Beware that it requires skills, knowledge, wisdom and velocity to be profitable, on the long term. – List of the main real-money and play-money … Continue reading

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How do prediction market software vendors see each other?

- Do they trash each other? – Or do they behave like gentlemen? A bit of both. The field is competitive, all the software vendors spy on each other (using Midas Oracle, among many means), and have a strong and … Continue reading

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Do the Fortune-500 firms need independent prediction market consultants in addition to the prediction market software vendors?

Yes, maybe —provided that the the rationale of the pitch is sound. — Jed Christiansen: If you’re looking for prediction market software, NewsFutures, ConsensusPoint, Inkling, HollywoodStockExchange, Nosco, and GexID (and others) all provide solutions. I’m a consultant in prediction markets. … Continue reading

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GOOD NEWS OF THE DAY: The 2006 Wall Street Journal news article on internal prediction markets is still FREE FOR ALL.

BUSINESS SOLUTIONS: How to Decide? Create a Market. – (free access – subscription) – (this time via Emile Servan-Schreiber of NewsFutures) – [internal prediction markets used by organizations] – by Wall Street Journal’s Michael Totty – 2006-06-19 “We believe the … Continue reading

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Second Workshop on Prediction Markets – San Diego, California, U.S.A. – June 12, 2007

Second Workshop on Prediction Markets – San Diego, California, U.S.A. – June 12, 2007 — 8:30 – 8:35 Opening remark 4:45 – 5:45 Industrial Panel Russell Anderson, HedgeStreet Matthew Fogarty, Electronic Arts David Perry, Consensus Point Emile Servan-Schreiber, Newsfutures — … Continue reading

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Software for Internal Prediction Markets – InTrade-TradeSports? – BetFair? – Google?

If these firms decided, one day, to make their software for prediction markets available for organizations’ internal use, then it would be “a great step for humanity”. P.S.: The problem is that the software vendors of “internet gambling” systems can … Continue reading

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Are businesses adopting the prediction markets as a forecasting tool?

YES. As you know for a fact, I talk to many prediction market consultants and software vendors. Some of them tell me of big Fortune-500 names that they have recently converted —under the provision of secrecy (“Chris, don’t publish this”). … Continue reading

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Call to all software vendors

Feel free to send me entry updates for the CFM page on software for prediction markets. I’d like to update it. (About one thousand pageviews a month —if you need to know.)

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