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- With the premium charges, BetFair is asking the hogs to pony up. However, the collateral damage is that the concept of exchange is stabbed in the back.
- In its upcoming proceedings, therefore, the CFTC should exempt prediction markets from regulations that would prevent them from flourishing, like requiring that such shares be traded on designated commodity exchanges.
- Nobel laureate Gary Becker and judge Richard Posner both wish that, one day, real-money prediction markets will be legal, without restrictions, in the United States of America.