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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 ...
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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 ...
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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 ...
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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 ...
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Victoria University Of Wellington
Victoria University of Wellington ( mi, Te Herenga Waka) is a university in Wellington, New Zealand. It was established in 1897 by Act of Parliament, and was a constituent college of the University of New Zealand. The university is well known for its programmes in law, the humanities, and some scientific disciplines, and offers a broad range of other courses. Entry to all courses at first year is open, and entry to second year in some programmes (e.g. law, criminology, creative writing, architecture, engineering) is restricted. Victoria had the highest average research grade in the New Zealand Government's Performance Based Research Fund exercise in both 2012 and 2018, having been ranked 4th in 2006 and 3rd in 2003.
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Simon Bridges
Simon Joseph Bridges (born 12 October 1976) is a former New Zealand politician and lawyer. He served as Leader of the National Party and Leader of the Opposition between 2018 and 2020, and as the Member of Parliament for Tauranga from the to May 2022, when he resigned. A self-described "compassionate conservative", Bridges served in several Cabinet positions, including Minister of Transport (2014–2017) and Minister of Economic Development (2016–2017). He took the role of Leader of the House from May to October 2017. Bridges was elected as National Party leader on 27 February 2018, succeeding former Prime Minister Bill English, who resigned. He became the first person with Māori ancestry to serve as leader of a major party in New Zealand. On 22 May 2020, following poor polling for the party, Bridges was challenged for the party leadership and replaced by Todd Muller, who would relinquish the leadership less than two months later. On 24 November 2021, Bridges was sack ...
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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 ...
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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 ...
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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.IEM and Poll Accuracy, 2008 Presidential Race
Accessed: 10/26/2012 A precursor to the IEM was the Iowa Political Stock Market (I ...
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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 ...
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Totalizator Agency Board
The Totalisator Agency Board, universally shortened to TAB or T.A.B., is the name given to monopoly totalisator organisations in Australia, New Zealand and South Africa. They operate betting shops and online betting. They were originally government owned, but in Australia most have been privatised. In Victoria, for instance, the Victorian Totalisator Agency Board began operating in March 1961 as a state enterprise, and was privatised in 1994. Australia History and development Originally having been run as state government agencies, most Australian TABs have been progressively privatised, beginning with Victoria in 1994 (becoming Tabcorp), and following with New South Wales in 1998 (becoming ''Tab Limited'') and Queensland in 1999 (becoming ''TAB Queensland Limited'', later ''UniTAB Limited'' when it merged with the South Australian TAB). Tabcorp and Tab Limited later merged in 2004, followed by UniTAB merging with lotteries operator Tattersall's (to become Tatts Group) in 2006 ...
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Nicky Hager
Nicky Hager (born 1958) is a New Zealand investigative journalist. He has produced seven books since 1996, covering topics such as intelligence networks, environmental issues and politics. He is one of two New Zealand members of the International Consortium of Investigative Journalists. Early life Hager was born in Levin to a middle-class "socially aware" family. His father was from Vienna, Austria, a clothing manufacturer who emigrated to New Zealand as a refugee from the Nazis. His mother was born in Zanzibar (part of Tanzania), where her father studied tropical medicine, and later grew up in Kenya and Uganda. His surname ''Hager'' is pronounced Har-gar, rhyming with ''lager''. Hager studied physics at Victoria University of Wellington, where he also did an honours degree in philosophy. He stood as a Values Party candidate for Pahiatua in the 1978 general election. Early career After graduating from university, Hager worked at the ecology division of the Department of Scien ...
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Wellington
Wellington ( mi, Te Whanganui-a-Tara or ) is the capital city of New Zealand. It is located at the south-western tip of the North Island, between Cook Strait and the Remutaka Range. Wellington is the second-largest city in New Zealand by metro area, and is the administrative centre of the Wellington Region. It is the world's southernmost capital of a sovereign state. Wellington features a temperate maritime climate, and is the world's windiest city by average wind speed. Legends recount that Kupe discovered and explored the region in about the 10th century, with initial settlement by Māori iwi such as Rangitāne and Muaūpoko. The disruptions of the Musket Wars led to them being overwhelmed by northern iwi such as Te Āti Awa by the early 19th century. Wellington's current form was originally designed by Captain William Mein Smith, the first Surveyor General for Edward Wakefield's New Zealand Company, in 1840. The Wellington urban area, which only includes urbanised ar ...
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