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Intrade's Conditional Prediction Markets, Cash Rewards

Posted by James Breen at 30 July 2008 11:53

A friend asked us to try spread betting last weekend. How brave is that? That is one leaf that fell very far from the tree.

I has been suggested that this was a smart ruling:

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Do not believe for a minute that I am going to be successful to spend almost every waking hour by not working at a specific task that I love.

We have often discussed the possible benefits of prediction markets for reducing bias. One key element that could be particularly useful is a conditional prediction market, where betting claims are based on outcomes conditional on some factor we want to evaluate. Robin recently mentioned the possible benefit from market claims on longevity or health conditional on various interventions. Unfortunately, there are few prediction markets in the world, and fewer conditional ones, so it is hard to .. full article.

I found this one on the day before yesterday, quite interesting:

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Mind you, I wouldn't expect something more than this.

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