U.S. Navy sailors betting bottles of booze to help locate a lost submarine might be the greatest sea tale in the entire history of the U.S. Navy. This (true) anecdote was popularized by James Surowiecki’s book The Wisdom of Crowds (2004), which cites a passage from Blind Man’s Bluff: The Untold Story Of American Submarine […]
Scotch & Sonar: Betting to Find a Lost Sub Read More »
Here is an updated version #3 of the “prediction market database” started by Jacob Lagerros and updated by Nuño Sempere: https://docs.google.com/spreadsheets/d/1vGjnJPxdnBKwag3Q9Uy_LdVAARaSHrI5CWiYKH7dV9s/edit?usp=sharing These are almost certainly not every single prediction market in existence or that was ever created, but an attempt to catalogue as much as possible. Please add any that you see are absent. This
Prediction Market Database (v3) Read More »
The Commodity Futures Trading Commission (CFTC) recently held a public meeting to discuss proposed rules regarding event contracts. Under current regulations, there are only a few enumerated restrictions on contracts, including war, terrorism, and assassination. Those three restrictions were mentioned repeatedly during the two-hour meeting, reminding one of the apocryphal story about former Secretary of
Kissinger’s Betting Odds Read More »
Jonathan Zubkoff – aka ZubbyBadger – is a top prediction market trader. A professional trader in events markets, he’s made over six figures on PredictIt, serves as Community Manager for Kalshi, and earlier this year won the CSPI/Salem Forecasting Tournament with $25,000 in prize money. The second-place finisher of that tournament, Robert Grosse, wrote a
The 514 trades that won ZubbyBadger $25K Read More »
The New York Times recently wrote about how “The Fed’s Decisions Now Could Alter the 2024 Elections” (11/17/2023) and cited Yale Professor Ray Fair’s economy-driven election forecasting model: Professor Fair’s pioneering U.S. elections model does something that was fairly radical when he created it in the 1970s. It analyzes politics without really considering politics. Instead,
Ray Fair vs. Iowa Electronic Markets Read More »
