gium Bettingmarket: Betting Industry Journal.

Bettingmarket

You can price risk, but not uncertainty.

The Thick Money



The Prescott trained Altra Vita, who runs in the 3.30 at Beverley today, made it 3-3 in handicaps when scoring at Bath recently. Each of these wins came over a period of thrity five days. Those smashing into the short odds would do well to remember the words of the late, great Nick Mordin; Only those horses that are laid off for more than 28 days actually manage to retain their weight. Three runs in a short space of time is the maximum for most horses. If a horse has three good runs in less than sixty days it is not a good bet to win today. Turned over at 8/11: Muppets.



what you see depends on where you are standing

Blinkers Off




Augur Launches


Augur is a decentralized prediction/betting market protocol built on the Ethereum blockchain. Augur’s purpose, we are told in its Master Plan, is to democratize and decentralize finance. This is going to be achieved through the development of a 24/7 global trading platform that will allow traders to speculate on derivatives at a low cost for the first time. As a side bonus, the founder of Augur tells us that prediction markets give us better forecasts for the future, more direct hedging and speculation mechanisms. In a Gerald Ratner moment, the Augur Master Plan states that the first version of Augur will likely be somewhat slow and slightly expensive (think pennies and many seconds per trade). With the recent launch of Augur we are now able to test Augur's own predictions. It has already been reported that Augur has seen a sharp decline in daily users, down about 50% from its peak of 265 on launch day........You can track the live betting markets on Augur by clicking in the link below. Interesting to see that one of the main markets on the platform, by volume, concerns Augur traders betting that Augur will be a success .....One would be loathe to suggest that this betting market is motivated by identity fusion - described by the anthropologist Harvey Whitehouse as being a visceral sense of oneness that forms within a group, resulting from intense collective experiences.

Predictions.Global is a website that allows users to view live betting markets on the recently launched blockchain prediction market Augur.


A betting market is a place where people try to second guess people trying to second guess people, trying to second guess people.


Source: N=All 25/05/2018. * = Stamina Dam Side