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October 2009 - Prediction Markets

What is a prediction market? What are some examples of prediction exchanges in action? Why is Betfair a 'prediction market' or 'exchange'? All your questions will be answered...

The Betfair Prof: 'Could the crowd have prevented 9/11?'

The attack by al Qaeda on the World Trade Centre and on the Pentagon in September 2001 came as a surprise. But the information was out there.

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Leighton Vaughan Williams

26 Oct 2009

The Betfair Prof: "Can orange juice help forecast the weather?"

Whoever would have thought the economics of orange juice could be so interesting!

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Leighton Vaughan Williams

16 Oct 2009

Why was the Arc triumph of the greatest racehorse such a bad result for the bookies?

Why do favourites winning mean bad news for the bookies? The Betfair Prof explains...

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Leighton Vaughan Williams

6 Oct 2009