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A Q&A With Intrade’s John Delaney

…speculation. Q. How does Intrade deal with insider trading? A. Insider trading is one of the wicked problems, perhaps. Intrade is about providing the best predictive information. If insiders have…








What can the World Cup teach us about markets?

…a vig, tradesports and intrade are clearinghouses. They provide a platform for bettors to come together and make deals amongst themselves. Since tradesports and intrade aren’t taking any position on…




Was There Insider Trading on DSK News?

…early in the day on June 30, well before 9:38 PM: But how fine-tuned is InTrade’s closing-price chart? Let’s go one step further — to InTrade’s time and sales chart…



The Politics of Political Prediction Markets

…maximum bet is set at only $500. And while I track InTrade closely, they’re based in Ireland, and are frowned upon by American regulators. Likewise, Betfair won’t deal with American…




Gambling on the Go

…lay down a few bets on those developments? Well, there’s an app for that: Intrade, one of our favorite prediction markets, has just released a free app. Given the general…




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Episode 606

How to Predict the Presidency

Are betting markets more accurate than polls? What kind of chaos would a second Trump term bring? And is U.S. democracy really in danger, or just “sputtering on”? (Part two…


Is It Time to Name This Recession?

As evidenced by this chart from the betting site Intrade, the probability of Slumdog Millionaire winning the Oscar for Best Picture has risen over the past two months right along…



The Nobel Prize in Economics

…weeks, just in case they win. Many of these economists have no chance whatsoever of winning. 4) Both Ladbrokes and InTrade allow betting on who will win the Economics Nobel…



A Modest, Rational Proposal

…about; anyway…) Kristof begins by writing that “the pundit with perhaps the most outstanding record” in predicting electoral outcomes “is not a human but rather Intrade, a political betting Web…




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Episode 41

The Folly of Prediction (Replay)

Human beings love to predict the future, but we’re quite terrible at it. So how about punishing all those bad predictions?

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Episode 41

The Folly of Prediction

Human beings love to predict the future, but we’re quite terrible at it. So how about punishing all those bad predictions?





Today's Link Bait

Guess which governor wants to spring non-violent drug users from prison? (HT: Ivan Kronenfeld) Will the U.S. get its own InTrade to all betting on Presidential elections? A fixie index…





Looking to Play a Cheap Democratic Long Shot?

…far, Brooks’s enthusiasm hasn’t caught on, at least among the betting public as represented at InTrade, which accepts wagers on political campaigns and other sports. Richardson is still extremely cheap:…



What Do You Have to Say About Ron Paul?

…highly electable … in a country other than the U.S. Estonia, maybe. (As for his odds of winning quadrupling: indeed they have, as evidenced on InTrade also — from 0.2%…