Will there be clear guidelines in the U.S. on prediction markets before 2010?
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Background
Prediction markets (like this one) allow people to predict outcomes for certain actions. Theoretically, if people were allowed to predict with money, they would be more careful in predicting an outcome and the results would convey more information on what a crowd thinks might happen. In the U.S. however, placing bets online is considered online gambling. Do you see this restriction being removed by 2010?
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Here's a look at the stories — big, small, happy, sad and wacky — that shaped local news in 2008, aside from the most obvious one. -
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Here's a look at the stories — big, small, happy, sad and wacky — that shaped local news in 2008, aside from the most obvious one.
User Prediction Visualizations
The below visualizations display the number of users who have predicted that a specified outcome will occur.
User Comments
8/3/2008 10:57:19 PM
I voted No, because I believe it is highly unlikely that within the next two years, the US' policy on internet gambling will change in any significant form. Frankly, it's too gray of a line between betting on Prediction Markets and Online Gambling (Sports betting, etc.).
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