Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Software

In the universe of Steve Jobs, personal vision trumps the wisdom of the crowd. He’s ready when he thinks we’re ready.

New York Times:
Great products, according to Mr. Jobs, are triumphs of “taste.” And taste, he explains, is a byproduct of study, observation and being steeped in the culture of the past and present, of “trying to expose yourself to the best things humans have done and then bring those things into what you are doing.”
His [...]

BetFair apologizes to Niall O’Connor… and the other traders affected by the site outage.

BetFair Forum:
Betfair would like to apologise for the unplanned site outage that occurred earlier this afternoon [Monday, January 25, 2010]. The cause of this problem is currently being investigated by our technical team. A list of affected markets will be posted shortly [here].
Once again please accept our apologies for any inconvenience this may have caused.
Will [...]

Betfair’s Liability in relation to its software failing

As somebody who likes to “back and lay” on UK horse racing, I was more than annoyed, when having placed a bet on a UK horse race, Betfair’s software malfunctioned, meaning that I was unable to lay off my bet as was my intention.
To those of us that engage in backing and laying, the result [...]

How the iPredict market maker works

How the iPredict market maker works

Time-Series Forecasting

- The different kinds of forecasting software —including time-series forecasting.
- Some forecasting startups make use of the open source and/or SaaS models. I need your feedback on all this. Please, comment below, e-mail me, wave me, or tweet me.
- Lokad – (concurrent time-series forecasting) – Video

- Data Applied – (neural network algorithm)

External Links: Lokad – [...]

WordPress well above DruPal and Joomla!

BetFair writes world-class software that supports a highly successful online betting business. The Technology Services team is charged with developing, maintaining and improving the internal systems that our development and operational teams use in their day-to-day work in order to maximise productivity.

“Performance Services, a group within Technology Services, ensure that the performance and capacity of all production systems is maintained, protected and enhanced in order to support BetFair’s growing user base.”

Spigit Idea / Prediction Market Technology

Spigit Idea / Prediction Market Technology (as sent to me by Hutch Carpenter):
Prediction Market
Spigit implements traditional prediction markets, a tool for determining likelihood of future events and trends. In this model, market creator asks a question relating to a future event and multiple mutually exclusive answers that cover all possible outcomes. The creator also sets [...]

Great software packages

I have updated:
- the list of open-source software packages (for Windows, Macintosh and Linux);
- the list of software packages for Macintosh.
In addition, you can find here some great websites.
P.S.: The software for prediction markets… here.
P.P.S.: The WordPress plugins I use… here.

Social networking tool Spigit goes enteprise prediction markets.

Spigit
Read & Write Web
Twitter

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