Tag Archives: sports betting

Cantor Fitzgerald becomes a bookmaker in Las Vegas.

In-running betting. Via Mike Giberson

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NBA’s David Stern does not oppose sports betting anymore — and his successor will favor it (maybe).

Sports Illustrated: I asked Stern if it is in the best interests of his league to seek legalization of sports betting. He sighed with his head down, as if to emphasize the gravity of what he was going to say. … Continue reading

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BetFair’s Mark Davies will advise the UK government on sports betting integrity.

BetFair’s Mark Davies will be one member on the expert panel about sports betting integrity (betting corruption) that the UK government is setting up. Previously: June 28’s BetFair millionaire story in the News Of The World was total bullshit.

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I support sport event derivative trading (a.k.a. sport betting), no matter what. — I support TradeSports and BetFair, no matter what.

Jed Christiansen has a more pragmatic and restrictive approach —in his reply to Sean Park.

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The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading

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New discussion thread about the BBC documentary about sports betting…

At Ed’s request… BBC TV report on sports betting — (only for UK-based people ) -

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TV News Shows = Entertainment

The awful French TV program on sports betting (where BetFair’s Mark Davies croaked in French) reminded me of what Robert Scoble said about TV news shows. They do not intend to educate you.. – Robert Scoble: Last week I was … Continue reading

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“Sport doesn’t matter much to me, but I can see it matters to many others.”

Dixit Robin Hanson. No sports, no sports betting, no TradeSports-InTrade and BetFair.

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We could use a US Gambling And Betting Commission, but the best would be to have prediction exchanges (modeled after BetFair) that alert the sports bodies about any suspicions.

- New York Times: “Insider trading is a bigger deal in sports than in the financial markets,” said Justin Wolfers, a professor of business and public policy at the Wharton School at the University of Pennsylvania, who studies gambling. “We … Continue reading

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Did Patri Friedman misread BetFair?

About the latest New York Times story on BetFair fighting sports corruption… Patri Friedman: Prediction markets not only make fixing easier to profit from, by creating a liquid market for insider betting, but they also make it easier to detect, … Continue reading

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