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November 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: "Can the Wisdom of Crowds Help You Win the Lottery?"

Derren Brown, the magician, is no stranger to the use of the idea of the wisdom of crowds as part of his entertainment package...

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Leighton Vaughan Williams

30 Nov 2009

The Betfair Prof: "England are the third best football team in the world. And it's not just Betfair traders who are saying so!"

You heard it here first: England are the third best football team in the world...

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Leighton Vaughan Williams

24 Nov 2009

The Betfair Prof: "How Benford's Law might help you beat the odds!"

Leighton Vaughan Williams tells us whether or not it's possible pick the fakers from the tossers!

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Leighton Vaughan Williams

16 Nov 2009

The Betfair Prof: "Can the future influence the past? Serious scientists are asking the question!"

Why are objects the size that they are? The answer is quite simple. It's the size of the molecules and atoms that make them up.

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Leighton Vaughan Williams

2 Nov 2009