Friday, May 9, 2008

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

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