The greatest benefit of being the most popular blogger on prediction markets is the private e-mails I get from all the corners of the globe. I come to meet, over the Internet, the world’-s finest luminaries —-from the Academia or from the entrepreneurial world.
Now, try to guess who that guy is:
- He wrote about prediction markets (before that moniker was applied) and betting exchanges in his book “-Capital Market Revolution!“-, published in 1999 —-while Andrew Black was developing BetFair.
- He co-founded GSX/Tradesports/InTrade in 2000.
You have probably never heard of him…- but you should compute him starting today —-Patrick Young. And, of course, he blogs and twitters…- Don’-t miss his ultra-copyrighted podcast on the “-fascinating”- American Civics Exchange…-
Kind of ironic that Young titles his podcast “amciv-a-new-exchange-open-for-all” when it’s really only open to those with a legitimate business risk to hedge against or those with a net of 10 mil+. Sounds more like, “closed for almost all” if you ask me.
Note: WeatherBill also started with ECPs, and has recently received CFTC approval to fish out on a broader scale. More in a post later on…
Kind of ironic that Young titles his podcast “amciv-a-new-exchange-open-for-all” when it’s really only open to those with a legitimate business risk to hedge against or those with a net of 10 mil+. Sounds more like, “closed for almost all” if you ask me.
Note: WeatherBill also started with ECPs, and has recently received CFTC approval to fish out on a broader scale. More in a post later on…