Foretelling the Future: Online Prediction Markets
By JOHN STOSSEL and MAXIM LOTT
ho will win the Democratic nomination? Who will be the next president? When might Britney Spears go back to rehab? And who will be the next "American Idol"?
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Online prediction markets let buyers invest in the outcome of current events.
Don't look for guidance from TV pundits or gossip magazines. Instead, go to the Web site where people are putting their money where their mouths are: Intrade.com.
Continue reading at ABCNews.com
ho will win the Democratic nomination? Who will be the next president? When might Britney Spears go back to rehab? And who will be the next "American Idol"?
Share
Online prediction markets let buyers invest in the outcome of current events.
Don't look for guidance from TV pundits or gossip magazines. Instead, go to the Web site where people are putting their money where their mouths are: Intrade.com.
Continue reading at ABCNews.com
Labels: Economics, Election 2008, Regulation, Technology, Top Articles
