Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Todd

Midas Oracle is the only publication that defends the event derivative traders (even when they are too sarcastic, boisterous, or annoying) —at the risk of infuriating the prediction market big brass.

InTrade-TradeSports has a web server misconfiguration problem, and CEO John Delaney has a character problem.

As I wrote at the time, the InTrade-TradeSports websites were unavailable, last Friday, August 29, 2008, during a good part of the morning.
InTrade-TradeSports is not only an event derivative exchange, but also a webspot that non-trading people often consult to get the latest market-generated probabilistic predictions. Last Friday, in addition to the traders, many people [...]

TradeSports shuts up its vocal, disgruntled traders.

Previously: TRADESPORTS STOLE MY MONEY, claims trader Todd.

TRADESPORTS STOLE MY MONEY, claims trader Todd.

TradeSports’s side of the story, in my words:
Todd’s trades on NHL games was reversed by TradeSports under Contract Rule 1.2 (“unrepresentative price”).
_NHL.CAL@SJS.OVER5.5_ (mailto:NHL.CAL@SJS.OVER5.5)
Sold 40 contracts at a price of 38.0 at: 05:32:27 AM GMT 01/04/08
Pre-game orders failed to cancel and were later filled at unrepresentative prices.
All pre-game market maker orders that were matched in-game [...]

Human market makers are not a substitute for liquidity.

Caveat Bettor:
[Human] Market Maker issues at Tradesports
My good friend Todd in the TS Forum (via Midas Oracle).
Market makers are not a substitute for liquidity. For instance, compare two $40 bil healthcare companies: BAX (Baxter Intl, NYSE w/ market maker) and GILD (Gilead Sciences, Nasdaq w/o market marker). GILD trades about $350 mil per day on [...]

Event derivative trader Caveat Bettor would make a fabulous career as a stand-up comedian, if he decided to branch out.

Caveat Bettor:
Chris Masse has Todd’s charts before me, as Chris blogs at the speed of light, and I blog at the speed of diaper changes.
Precision: It’s Todd himself who posted on Midas Oracle…

A big trader voices criticism of TradeSports-InTrade. — REDUX

Not a word from the TradeSports-InTrade executives in reply to Todd’s complaints and proposals. Cat got John Delaney’s tongue? Five minutes ago, we could not stop him. Maybe somebody should set up a Skype connection between Delaney and Todd.
Todd73NJ on the TradeSports-InTrade forum:
If [] US is dead – like you seem to think – this [...]

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