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PredictIt
PredictIt is a New Zealand-based online prediction market that offers exchanges on political and financial events. PredictIt is owned and operated by Victoria University of Wellington with support from Aristotle, Inc. The company's office is located in Washington, D.C. The market was initially launched on 3 November 2014. History PredictIt was first launched on 3 November 2014. By March 2016, the website had approximately 29,000 active traders. The nonprofit educational project of the Victoria University of Wellington, New Zealand, "had to work around federal laws that prohibit online gambling and govern commodity futures trading." During the 2016 United States elections, PredictIt, along with other prediction market websites, received attention from various media outlets. Trading format PredictIt uses a continuous double auction to sell shares for each event in its markets, meaning that for every person who predicts that an event will take place, there must be another person w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Market
Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the market prices of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Market
Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the market prices of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Markets
Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the market prices of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IPredict
iPredict was a New Zealand prediction market that offered prediction exchanges on current events, political issues and economic issues. iPredict was jointly owned by the New Zealand Institute for the Study of Competition and Regulation and Victoria University of Wellington. The site launched on 9 September 2008 and closed 1 December 2016. iPredict's system was a prediction market that allowed members to trade contracts (take 'positions') on whether future events would or would not occur. The contracts had judgement criteria that defined how they would be settled. For example, a contract could be called "There will be a National Party Prime Minister after the next General Election". Other events included financial predictions, such as "The NZX50 Gross Index closes equal or higher on Friday 7 December, than the closing price on Thursday 6 December." iPredict facilitated trades between members, but did not participate in trading itself. Traders could either buy (go long on) contr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metaculus
Metaculus is an American Reputation system, reputation-based, massive online prediction solicitation and aggregation engine. One of the focuses of Metaculus is predicting the timing, nature and impact of scientific and technological advances and breakthroughs.The power of prediction markets in ''Nature (journal), Nature'', published December 17th, 2018 retrieved March 16, 2019 Reward system Three types of predictions can be made: probability predictions to binary questions that resolve as either 'yes' or 'no', numerical-range predictions, and date-range predictions. Users can contribute to the community prediction for any given question, leave comments and discuss prediction strategies with other users.[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intrade
Intrade.com was a web-based trading exchange whose members "traded" contracts between each other on the probabilities of various events occurring. After having been forced to exclude US traders in 2012, on 10 March 2013 Intrade suspended all trading, citing possible "financial irregularities". For a time after the suspension, the intrade.com website stated that they were working on a relaunch of the site, called "Intrade 2.0", but as of August 2014 it states that "It appears very unlikely now that Intrade will resume trading services in the way it had operated previously", and announced plans to close all accounts and refund monies by 31 December 2014. History Intrade was founded by Ron Bernstein and Sean McNamara, a New York futures and options floor trader in 1999. Intrade was later acquired by Tradesports in 2003. John Delaney, the VP of Finance at Intrade, was appointed as the CEO of Tradesports during the acquisition of Intrade by Tradesports. In 2004, Tradesports was re-or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iowa Electronic Markets
The Iowa Electronic Markets (IEM) are a group of real-money prediction markets/futures markets operated by the University of Iowa Tippie College of Business. Unlike normal futures markets, the IEM is not-for-profit; the markets are run for educational and research purposes. The IEM allows traders to buy and sell contracts based on, among other things, political election results and economic indicators. Some markets are only available to academic traders. The IEM has often been used to predict the results of political elections with a greater accuracy than traditional polls. Accessed: 10/26/2012 A precursor to the IEM was the Iowa Political Stock Market (I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
No-action Letter
A no-action letter is a letter written by the staff members of a government agency, requested by an entity subject to regulation by that agency, indicating that the staff will not recommend that the agency take legal action against the entity, should the entity engage in a course of action proposed by the entity through its request for a no-action letter. Often, a request is made because the legality of the course of action in question is uncertain, and in some cases a request may be granted when it is understood that the action is not technically legal, but is nonetheless acceptable according to a common sense approach to the situation. Examples * Federal government of the United States, US U.S. Securities and Exchange Commission, Securities and Exchange Commission (SEC) * US Consumer Financial Protection Bureau (CFPB) * Australian Securities and Investments Commission (ASIC) References Corporate law Financial law Business law Economic law {{Law-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Websites
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz (South Korean band), The Boyz Albums and EPs * New (album), ''New'' (album), by Paul McCartney, 2013 * New (EP), ''New'' (EP), by Regurgitator, 1995 Songs * New (Daya song), "New" (Daya song), 2017 * New (Paul McCartney song), "New" (Paul McCartney song), 2013 * New (No Doubt song), "New" (No Doubt song), 1999 *"new", by Loona from ''Yves (single album), Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling Companies Of New Zealand
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court For The Western District Of Texas
The United States District Court for the Western District of Texas (in case citations, W.D. Tex.) is a federal district court. The court convenes in San Antonio with divisions in Austin, Del Rio, El Paso, Midland, Pecos, and Waco. It has jurisdiction in over 50 Trans-Pecos, Permian Basin, and Hill Country counties of the U.S. state of Texas. This district covers over and seven divisions. Along with the District of New Mexico, Southern District of Texas, and District of Arizona, it is one of the busiest district courts in terms of criminal felony filings. History The first federal judge in Texas was John C. Watrous, who was appointed on May 26, 1846, and had previously served as Attorney General of the Republic of Texas. He was assigned to hold court in Galveston, at the time, the largest city in the state. As seat of the Texas Judicial District, the Galveston court had jurisdiction over the whole state. On February 21, 1857, the state was divided into two districts, Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include Gibra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
