Tag Archives: spokesman

How will the prediction markets respond?

Ireland’s largest bookmaker Paddy Power is already paying out on Barack Obama to win the Democratic nomination for the race to the White House. They decided yesterday to pay out 50000 Euros to punters who had backed him at odds … Continue reading

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Fallon “Betfair Trial” Collapses

Mr Justice Forbes said today that Australian horse race expert Mr Murrihy in his witness statement had been critical of the riding in 13 of the races and that there was a prima facie case against the jockeys. However, he … Continue reading

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GUARDIAN BLOGGER: BETFAIR SPIN-DOCTOR DOES NOT SAY THE TRUTH ABOUT SPORTS CORRUPTION.

Lawrence Donegan: Odds-on liquidity showing interest in Scottish youth Can it really be more than a month since Betfair’s Mark Davies appeared in print to reject the suggestion that the gambling boom is in any way responsible for the apparent … Continue reading

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While TradeSports-InTrade’s growth seems slow, BetFair-TradeFair is poised to experience a formidable expansion in the coming years.

The Independent of Ireland: Betting exchange Betfair is to steal a march on its rivals with the introduction of a new service which will boost liquidity and offer punters the chance to make bets at starting prices. Up to now, … Continue reading

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Should the Hollywood Stock Exchange become a real-money betting exchange?

Via Max Keiser, Trader Daily ($$$): Hollywood Ending – Trader Daily – October 4, 2007 – by Robert LaFranco A decade ago, a Wall Street trader and an L.A. dealmaker united to remake the movie industry in the image of … Continue reading

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InTrade expired the Larry Craig prediction market too early.

Scroll down the whole story and judge by yourself, folks. — New York Times: “As he stated on Saturday, Senator Craig intends to resign on Sept. 30,” Mr. [Dan Whiting, a spokesman for Mr. Craig] said in a statement. “However, … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

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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British bookmaker William Hill pays both sides on the Harry Potter bet.

Via Niall O’Connor, Bloomberg: William Hill Plc, a London-based bookmaker, will pay out on a number of bets on the fate of Harry Potter because of an “ambiguous ending” to the seventh and final novel about the boy wizard. The … 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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Things got so bad that NATO was invited to provide technical assistance to help shore up Estonia’s defenses.

A NATO spokesman had it right when he said that in the 21st century, it’s not just going to be about tanks and planes. CNET News on cyber war and cyber terrorism.

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