Tag Archives: Steve Roman

Steve Roman, petit plaisantin, a toujours le mot pour rire.

Posted in Humor | Tagged , | Leave a comment

Got that hardcover book on my desk, thanks to Steve Roman. It’s out in paperback form, today —for small people like you (the readers), who are not famous on the Web, and hence don’t get all the free gigs that big bloggers get for free. (((I pity you.)))

Posted in Resources - References | Tagged , , , | Leave a comment

Tennis is not systematically nor institutionally corrupt. There is no evidence of a link to the Mafia.

Only 45 suspicious tennis matches out of the hundreds of thousands of matches played over the last five years. That’s peanuts. – Via Steve Roman Bloomberg New York Times The Times (of London) The Guardian – Previously: The Mark Davies … Continue reading

Posted in Exchanges & Markets, Regulations, Sports | Tagged , , , , , , , , , , , , | 7 Comments

An Atlanta hair saloon is one of the many satisfied clients of WeatherBill.

Via Steve Roman, The Atlanta Journal – Constitution: [...] Atlanta hair salon owners Ray Luciano and Spencer Malay recently reeled in a bundle — tens of thousands of dollars — after taking out insurance-like coverage called “weather derivatives.” Their Buckhead … Continue reading

Posted in Betting, Exchanges & Markets, Finance, Hedging & Insurance, Money | Tagged , , , , , , , , , , , | Leave a comment

Prediction Markets 101

Prediction markets produce dynamic, objective probabilistic predictions on the outcomes of future events by aggregating disparate pieces of information that traders bring when they agree on prices. Prediction markets are meta forecasting tools that feed on advanced indicators (like polls … Continue reading

Posted in All Best Posts Ever, Analysis (Meta), Explainers | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Who did best in explaining the prediction markets to the lynching crowd?

After the New Hampshire fiasco, 16 18 people came to defend the prediction markets, so far. So far, the best takes are from: George Tziralis Robin Hanson Jonathan Kennedy and I’ll give the 4th spot to a combo, mixing takes … Continue reading

Posted in Analysis (Industry), Analysis (Meta) | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Prediction Market Industry Association = useless, so far

We have witnessed a backlash against the prediction markets just after the Hew Hampshire fiasco. Some bloggers and journalists picked on the prediction markets (InTrade, that is), even though both the polls and the pundits were awfully wrong too. [*] … Continue reading

Posted in Analysis (Industry), Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

BetFair-TradeFair fights corruption, while TradeSports-InTrade does not.

— BetFair-TradeFair is legal and has ethics, while TradeSports-InTrade is not and has none. — Via Steve Roman who provides the recap and another excerpt, The New York Times: [...] At the center of the investigation is Betfair, one of … Continue reading

Posted in Betting, Ethics, Exchanges & Markets, Market Prices & Probabilities, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Massachusetts governor’s proposal to send the TradeSports-InTrade traders to jail is foolish.

Steve Roman: Expect to see more of this. State politicians have a big problem: they’ve made lots of promises and are financially unable to keep all of them. For the states, pension and health care promises made during expansionary times … Continue reading

Posted in All Guest Authors's Posts, Politics, Regulations | Tagged , , , , , , , , , , | Leave a comment

Is Steve Roman the Planet Earth’s best psychic of all times –past, present and future?

Steve Roman: Why Hedgestreet Will Fail They lead the prediction market field in generation of press releases, but their volumes and fees are abysmal. They are in an imaginary niche. The big boys play at the CME. The little guys … Continue reading

Posted in Analysis (Industry), Exchanges & Markets, Finance | Tagged , , , , , , , | Leave a comment