Tag Archives: traded bets

Cliff Lee’s shocking choice to take less money and join the Philadelphia Phillies surprised the InTrade traders, too.

- USA Today. – InTrade on Cliff Lee. – Here’s the InTrade chart for “other teams” (other than the Yankees, Rangers, Mets and Nationals): Via Jason Ruspini

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BETFAIR RETRACTS FROM THE FRENCH MARKET.

And in retaliation, Mark Davies retracts from the French Riviera. Le Monde Op-Ed by 3 betting/gambling operators.

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Traded bets — a la Robin Hanson

“g” commenting on Robin Hanson’s blog: the main point of the transaction [i.e., a contract floated on a market] is that it happens in a framework set up to enable third parties to extract information from the bets made. The … Continue reading

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InTrade CEO John Delaney’s comment to the CFTC about “event markets” (prediction markets) was so good that even a BetFair shareholder loved it.

Sean Park (who invested in Betfair at inception): [...] I was heartened to read John Delaney’s (InTrade CEO) contribution [...]. I would certainly have endorsed this contribution – well crafted, robust, articulate and (imo) stating the blindingly obvious [...]. – … Continue reading

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Who are the “notable exceptions” whom InTrade CEO John Delaney talked about in his comment to the CFTC about “event markets” (prediction markets). HINT, HINT: That’s not Robin Hanson and Justin Wolfers.

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade … Continue reading

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How InTrade CEO John Delaney tried to undo the great damage done to the prediction market industry by Bob’s little minions (among them, Robin Hanson and Justin Wolfers)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade … Continue reading

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How InTrade CEO John Delaney rightfully spanked the posteriors of Bob’s little minions (among them, Robin Hanson and Justin Wolfers)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade … Continue reading

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How InTrade CEO John Delaney rightfully slammed Bob’s little minions (among them, Robin Hanson and Justin Wolfers) as hypocrite and short-sighted —and how he told the CFTC to put Bob’s petition (signed by Robin Hanson and Justin Wolfers, among others) in the trash can (where it belongs).

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade … Continue reading

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What InTrade CEO John Delaney told the CFTC about “event markets” (prediction markets)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): July 4th 2008 The Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street NW Washington, DC 20581 U.S.A. Attention: Office of the Secretariat RE: “Concept Release … Continue reading

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“In its upcoming proceedings, therefore, the CFTC should exempt prediction markets from regulations that would prevent them from flourishing, like requiring that such shares be traded on designated commodity exchanges.”

… wrote that academic guy in the Wall Street Journal. But he doesn’t mention that HedgeStreet and the Chicago Mercantile Exchange (and the CBOT) are all for the “excluded commodities” and the “Designated Contract Makers” way. – Honesty and fairness, … Continue reading

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