Tag Archives: WeatherBill

$42 million invested in WeatherBill – [P.R.]

WeatherBill may fundamentally change the risk profile of the global agriculture industry. http://www.weatherbill.com/

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Is weather betting legal if you bundle it with auto leasing?

Pride Motors, a Boston area car dealer, is advertising the following special: Lease a car before August 26, and if it’s above 96 degrees at Boston Logan Airport on Labor Day, they will make your first 12 lease payments for … Continue reading

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WeatherBill can be thought of a) as expressive insurance b) as a combinatorial prediction market with an automated market maker.

This clarification from our good doctor David Pennock shows how indispensable this research scientist is to small people like us. Without David Pennock, the field of prediction markets would collapse like a castle of cards. Ha! ha! ha!… As a … Continue reading

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GET RICH QUICK BY EXPLOITING WEATHERBILL’S BUG.

Report via our good doctor David Pennock —proving once again how indispensable this blogging research scientist is to the field of prediction markets. ( – Wooarf, wooarf, wooarf.) -

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Did the CFTC relax its ECPs requirement for eBOTs?

Contra Chris Masse (who blogged cockily that that would never happened), WeatherBill is now available to any weather-sensitive business, large or small. No $1m net worth required, anymore. Developing… Waiting for a P.R. release from them today [tomorrow, on another … Continue reading

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Sean Park didn’t bribe me to post this web link.

WeatherBill – New user interface – Check it out. And, of course, they blog. UPDATE: Sunshine Guaranteed or Your Money Back – pdf

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WeatherBill C.E.O. David Friedberg hopes to persuade [!?] the Commodities Futures Trading Commission (C.F.T.C.) to change the requirement that currently limits weather derivative traders to accredited investors with a minimum net worth of $1 million.

Hummmmmmmmm… Quite a bold ambition. I’m very surprised by his statement. Is he naive? Via our chief economist Michael Giberson. UPDATE: Did the CFTC relax its ECPs requirement for eBOTs?

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WeatherBill can be thought of a) as expressive insurance b) as a combinatorial prediction market with an automated market maker.

David Pennock His analysis misses the fact that WeatherBill re-sells the risks to hedge funds that want to make a profit (as opposed to an automated market maker that may lose money) —but I am not sure that’s important in … Continue reading

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Keyword Of The Day — Wednesday Edition

Embedded Event Derivatives Excellent. -

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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

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