Foretelling the Future: Online Prediction Markets

By admin | May 12, 2008
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Submitted by CARPE DIEM

ABC 20/20 Report (watch video here)–As a result of the collective intelligence of more than 77,000 bettors on Ireland’s Intrade.com, the prices on the site may be a good way to predict the outcome of current events — more accurate than some polls and pundits.

How accurate?

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