Home > Rants and Raves > Some interesting bets [predictions] on INTRADE

Some interesting bets [predictions] on INTRADE

December 15, 2012 Leave a comment Go to comments

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How Intrade Works

 

What is a prediction market?

Intrade is a prediction market. What is a prediction market? It’s a market that allows you to make predictions on the outcome of hundreds of real-world events. Stock exchanges find the price of stocks, and futures markets find the price of commodities. Prediction markets find the probability of something happening – a predefined, uncertain future event.

Will the financial markets be up today? Will a certain candidate win the next election? Who will win the Academy Awards? If you have an opinion on what will happen then you can make a prediction on Intrade. Predict correctly and you can win real money profits.

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Assad

Click Photo to go to the Market

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This one should be easy. I don’t see how he can last for another 6 months. It’s what comes after him that worries me.

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cuba

click photo to go to market

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Well, with Obama , we might have Iran taken off the Terrorist List . My guess would be yes as Fidel will probably not be around.

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War

click photo to go to market

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This a tough one. I doubt the US will be involved . As to Israel, perhaps 50::50

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A Statement from In trade

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“The report of Intrade’s death was premature”

We understand our recent announcement was met with surprise and disappointment by our US customers, but this in no way signals the end of Intrade in the US. In the near future we’ll announce plans for a new exchange model that will allow legal participation from all jurisdictions – including the US. We believe this new model will further enhance Intrade’s position as the leading prediction market platform for real time probabilities about future events.

For our non-US customers, we will continue to offer real-money prediction markets. In the coming weeks and months we plan to implement a number of improvements to the Intrade website. These include expanding our market categories, adding more convenient funding options and a new and improved trading interface. We’ll keep you posted on these initiatives as they develop.

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