Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
Wikipedia:
A fantasy sport (also known as rotisserie, roto, or fairy-tale sport; or owner simulation) is a game where fantasy owners build a team that competes against other fantasy owners based on the statistics generated by individual players or teams of a professional sport. Probably the most common variant converts statistical performance into points that are [...]
Martin Frindt on “Trading is a game —and we do the forecast!”
Niall O'Connor on Smarkets want you to believe that they are going after a much bigger betting market than BetFair’s one.
Jason Ruspini on PROVEN AND DOCUMENTED: Joe Weisenthal is drunken with his own manipulation paranoia.
Paul Hewitt on Libertarian journalist John Stossel explained InTrade’s prediction markets, and forgot BetFair.
Max Keiser on PROVEN AND DOCUMENTED: Joe Weisenthal is drunken with his own manipulation paranoia.
Daniel Horowitz on Health care reform is down to 47% at InTrade. –> Toss a coin, it will get you the same.Daniel Horowitz on Insider trading in the InTrade prediction market on health care reform?Paul Hewitt on Oscars 2010 Post-Mortem — InTrade Prediction MarketsPaul Hewitt on Predictalot = combinatorial prediction markets (a la Robin Hanson)
Chris F. Masse on What’s wrong with soccer betting
If the British legal betting companies offer bets on the sport, it is because there is demand for bets on the sport —and if that demand were not offered in a regulated environment, it would be filled in an unregulated one (like what we see with TradeSports-InTrade and MatchBook in the US market).
Mark Davies of BetFair (PDF file):
International Leaders in Sport conference, Auckland, New Zealand. April 3-4th 2008.
Keynote speech, April 4th. Mark Davies, Betfair.
“New Understandings in Sports Betting”
Minister, ladies and gentlemen… Thank you very much for your kind invitation to speak to you today. I have once before been asked by sport to address it, as a [...]