It sounds like fun, but is it all sunshine and roses? We have the answers in our. To continue operations until Feb. Free mathematical football predictions and scores for today matches. Whether they are more accurate than polls doesn't change thatLike PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission (CFTC). Political betting site fights regulators. Market the benefits of 'PredictIt' and why it is better than our competitors. The Top 10 Sites Like predictit. org. Political bettors on the PredictIt exchange were enraged when they went to buy or sell shares of the 2020 outcome and found the site inaccessible. Business Services · District of Columbia, United States · <25 Employees. Canada: Live stream, start time, aggregate score for Nations League quarterfinal second leg;PredictItSo there's an argument that I've seen a lot over the past few years, particularly in LW-adjacent circles, that goes something like this: This post is dedicated to disagreeing with that argument, not from an anti-Efficient-Market Hypothesis position, but from a pro-Efficient-Market Hypothesis position. PredictIt works in a nonprofit arrangement with Victoria University in New. One example is BetFair, which is predominantly for sports betting. Touch upon this story Remark In 2016, Jason Pipkin was working in a biology lab at Brandeis College, authoring papers with titles akin to “Mapping the thoughts of a fly,” when he first heard of PredictIt. In light of this decision, we are halting the. Prices for each possible result (usually. PredictIt traders, academic users and market technology provider Aristotle. The CFTC filed a 70-page brief Tuesday arguing against PredictIt's appeal, saying the case is meritless for several reasons. John Aristotle Philips, founder of the political wagering site PredictIt, appeared on Michael Smerconish's CNN show Saturday morning to discuss how the US Government is trying to shut. We need more platforms like PredictIt to operate markets and promote discussion on events of public interest, not fewer. PredictIt’s operating expenses are covered by charging a fee of 10% on earnings in excess of the original investment and by charging an additional 5% withdrawal fee. Project 2. In order to enable researchers to take advantage of the opportunities presented by prediction markets, we make our data available to the academic community at no cost. Automatically choose best models (ARIMA, regressions, MLP, LSTM. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. The. PolyMarket: . com. Just as companies like Robinhood and DraftKings have capitalized on the gamification of day trading and dearth of entertainment while millions found themselves stuck at home and in need of a distraction from the pandemic, PredictIt has benefited from an unprecedented election cycle. A smaller political predictions market is Iowa Electronic Markets, at the University of Iowa. . Today’s top 5 Predictit jobs in United States. 01 to $0. PredictIt works in a nonprofit arrangement with Victoria University. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. com is Direct traffic, driving 83. DeSantis’ numbers have fallen from a peak of $0. Chart by author The Unwisdom Of Crowds. PredictIt is operating under an academic exemption, too, but it has had to fight to retain it. In other words, wisdom of the forecasting elite. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission (CFTC). PredictIt, a market that built its name by letting Americans bet on who will be elected to Congress or the next president, has lost its legal authority to. Site has approval of government officials. PredictIt has made the following announcement in response to the withdrawal: The security of trader funds will not be affected by this action. Covering over 700 leagues. . The presidential election will not happen until November. Each edition includes an update on the politics driving the week that was as well as highlights from PredictIt’s market analysts. org. 94% of traffic. PredictIt Alternatives TradeFair. . High fees on profits and withdrawals. 8, 2022, at 12:22 AM. It’s important to keep in mind that PredictIt acts within a grey area; similar to offshore sportsbooks. PredictItLibrary/framework for making predictions. It operates on a much smaller scale, however. While the diversity among platforms has been great for experimentation, it also fragments information, making the outputs of forecasting far. August 5, 2022 at 1:23 PM · 2 min read. Federal regulators want to kill Predictit, the website that lets you bet on political outcomes. PredictIt is not a gambling site like overseas sports betting parlors Paddy Power and Betfair, which offer some betting on elections. PredictIt works in a nonprofit arrangement with Victoria University in New. It operates on a much smaller scale, however. 35 shortly after his launch to $0. Analyze websites like predictit. Regulators want it shut down. org – basically, an options market for elections – is based out of Victoria University of Wellington in New Zealand, and has been legally operating in America since 2014 under a “no-action” letter from the Commodity Futures Trading Division (CFTC), based out of Washington, D. PredictIt’s non-profit status has allowed it to operate legally by obtaining a no-action letter from the CFTC, the U. The various markets — PredictIt, the Iowa market, overseas markets like Betfair in Britain and predecessors like the Irish sites Intrade and Tradesports — have had plenty of glitches through. When/if PredictIt's odds become more efficient and get close to 100%, this site's main page will include the odds. Jennings revealed that the election event has. 9% higher probability on PredictIt than FiveThirtyEight. That leaves the markets vulnerable to small shocks that can result in small profits. electoral-vote. 5M shares traded. Join PredictIt today. To put it simply, PredictIt allows customers to trade “yes” and “no” shares on the outcomes of future political events at prices ranging from $0. PredictIt is a betting exchange, like a stock market. I've never done sports betting before, but want to make a bet on one of the PredictIt politics elections (I view this as a way of hedging. PredictIt was told to shutter in the U. Wide menu of political events covered. Similar Sites & predictit. PredictIt provides many markets with futures contracts linked to political issues, ranging from ongoing policy outcomes to political elections. We would like to show you a description here but the site won’t allow us. As of January 3, 11. Jamaica v. What that meant, essentially, is the CFTC allowed. Before Iowa, Betfair, and competitor PredictIt gave Pete Buttigieg only an 8 percent chance of winning the most state delegate equivalents (which he did, pending a recanvass). Profit. PredictIt Alternatives TradeFair. Deposit $80 when you open your account and PredictIt will deposit an additional $80. The CFTC feels that the ruling in United States v. org) submitted 1 year ago by gwern to r/slatestarcodex. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. 2: The media pundits. org for free in terms of their online performance: traffic sources, organic keywords, search rankings, authority, and much more. PredictIt works in a nonprofit arrangement with Victoria University in New. The agency rejected a 2012 proposal by the North American Derivatives Exchange (NADE) on the basis that the proposed. PredictIt is a platform where you can trade shares on the outcome of US elections and political events. Adding some further comments on the performance of prediction markets in the 2020 election here - while the election is still ongoing, I think so far it seems to support the. I saw the post calling for us to fix the market inefficiency on predictit. We do this to. 24% BNBJust like exchanges, prediction markets trade assets–except it’s not stocks or crypto being traded, but outcomes. 2023 of the popular event prediction market, PredictIt. Election odds currently have Joe Biden at +138. Automatically choose best models (ARIMA,. ) are legal. Directory of sites Login Contact Support. It had Haley Steven’s at well over 90 when the media was oddly shy about prognosticating who was favored. PredictIt injunction kept political betting site open The Commodity and Futures Trading Commission (CFTC) fired back last week in an appeal proceeding at light speed over whether the popular election betting prediction site PredictIt will close, at least temporarily, on February 15 at 11:59 PM. You can buy and sell shares of real-world events and earn money if your predictions are correct. The only such market of any size in the U. TOP LINE Politics is full of bold, outlandish predictions. Suggest an edit. Business, Economics, and Finance. It has been described as one of two legal ways to bet on elections in the United States. PolyMarket is an “information markets platform” that allows traders to use the Polygon blockchain to make bets on the outcome of events. The agency rejected a 2012 proposal by the North American Derivatives Exchange (NADE) on the basis that the proposed. Polymarket is the world's largest prediction market. com. 4: Professional election forecasters. PREDICT meaning: 1. So the site will only charge us $0. S. 7-66. PredictIt had Biden leading overall at 68 cents to Trump. After the market resolves, redeem your winning shares for $1 each. Each dot represents a potential electoral outcome. So, bettors could lose a major election betting market after the 2022 midterms. Number of elections simulated each hour. In order to enable researchers to take advantage of the opportunities presented by prediction markets, we make our data available to the academic community at no cost. PredictItPredictIt is currently the biggest legal site for political-prediction trading in this country. Site has approval of government officials. PredictIt remains highly regulated and constrained by the terms of its agreement with the CFTC: Users can’t trade more than $850 on an individual bet, and there can be no more than 5,000 traders. No. Like PredictIt, the Iowa market operates under the academic. November 7 11:50 a. This article is for subscribers only. 01:26 John Aristotle Phillips: It sounds like a lot. PredictIt works in a nonprofit arrangement with Victoria University in New. “It’s not the platforms that are the policy issue,” he said. The really confident ones can put their money where their mouths are — literally — on political market sites like PredictIt. 07:13. 27. In addition to the claims about the university’s and Aristotle’s relationship, the CFTC also claims that 17 markets offered on PredictIt violated the no-action letter’s terms. Currently, PredictIt is fighting in court after the CFTC rescinded permission to operate several of its betting lines. Using artificial intelligence, predictIT automatically generates overviews and insights that helps the Project Manager to manage the project. They’re called betting exchanges. District Court for the Western District of Texas asking the Commodity. com. The CFTC ordered the political gambling platform to cease operations by next Feb. org after the election, but I was unable to join since I don't live in. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. But PredictIt also allows for those with inside knowledge of future. 2,678Posts. The site, launched in 2014 as a sort of educational. " In November 2019, the site had 200,000 subscribers and 3,000 active traders each day. Shares of Democratic candidate. 1. Visit PredictIt Insight to learn from the wisdom of the crowd and make smarter bets on the future. predictions_1 = predictit. You can browse various categories, such as presidential, congressional, state and local races, and see the latest prices and trends. Login. Well, because of the Sandwich bot issue, I couldn't be bothered to figure out how to bridge funds & LP via a relayer as some roundabout way to actually place bets (which was an intermediate way the team found to avoid the bots, but wasn't exactly the best UI) while my crypto experience extended to having some play-funds on Aave & more reading than. Reply [-] rossry 4y 7. 99 each) have traded on the presidential election market. Aristotle is the contract service provider for the PredictIt Market, which has operated under No-Action Relief CFTC 14-130 since 2014. Political betting site PredictIt to shut down after CFTC withdraws approval ( predictit. PredictIt market in Minnesota See also: PredictIt markets in the 2020 presidential election What is a PredictIt market?. Predictit is. Interactive periodic table showing names, electrons, and oxidation states. Per PredictIt’s no-action letter, PredictIt users cannot make more than $850 in any position. 1. Current as of Map Timestamp. Some platforms like Metaculus and Hypermind use volunteers with prizes, others, like PredictIt and Smarkets are formal betting markets. 1 min read 7th Dec 2020 2 answers No comments. To engage with some new technologies, you should try a project like sspaeti's 20 minute data engineering project. S. It reads:PredictIt, a nonprofit exchange that limits speculation to $850 per event, is the most accessible site for Americans. A share on PredictIt settles at $1 if the listed event comes to pass and $0 if it doesn’t, and its price fluctuates somewhere in the middle meanwhile. org - Top 45 predictit. PredictIt, which has been provided by Victoria University of Wellington since. 436 / 1 day. Oz holds a 57% chance at 538 of beating John Fetterman, but is a 59% favorite at PolyMarket, and an even bigger . Prices on Smarkets rate the Republicans as 65%. Unlike those betting sites, PredictIt operates in a similar manner to the Iowa Electronic Markets (IEM), offering investors the opportunity to trade predictions on the outcomes of a wide variety of political events. PredictIt is an online Other site. 69 for Republicans to winThe Commodity Futures Trading Commission has ordered that PredictIt, a popular political betting site, shut down by mid-February 2023. PredictIt Market Probabilities. The global gambling market size is set to grow by USD 260. Why you won’t always find a working coupon codes at PredictIt. New research shows that the best way to improve overall predictive accuracy is by aggregating the forecasts from the best forecasters in a group. Since the. 89 for Republicans to win. You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together. Participants buy shares in an outcome, like who will win a Senate race, for between 1 and 99 cents. Other Things. com is ranked #0 in the Unknown category and #7041165 globally in June 2023. On Jan 18, the Fifth Circuit Court of Appeals in New Orleans laid out a timeline for the case. 4% Traffic Share. 4, 2022, threatens to harm not only the value of modest investments of more than 80,000 PredictIt traders, but the quality of the anonymized data used by more than. We like to assume that markets are efficient because if not, there's an opportunity for arbitrage, but for betting markets, this just isn't true. Learn how PredictIt works, how to join the community, and how to access the latest news, analysis, and insights from PredictIt's experts and partners. PredictIt, a popular political. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission (CFTC). is on the verge of being shut down—even though studies suggest that such markets may predict elections better than polls do. PredictItPredictIt is a site where Americans can wager on the outcomes of political events, with an exemption from the US Government as the data is used for academic research. PredictIt. PredictIt currently charges a 10% fee on profits made by buying and selling shares to cover the site's operating costs, and there is an $850 limit on how much of any. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. PredictIt, the political. PredictIt currently charges a 10% fee on profits made by buying and selling shares to cover the site's operating costs, and there is an $850 limit on how much of any one contract a person can hold. PredictIt is currently the biggest legal site for political-prediction trading in this country. Cicada: Mar 2019 #1: You made a claim , followed by " I don't know if it's true" Talking Tom: Mar 2019 #3: Betting sites have proven validity. org in terms of keyword traffic, audience targeting, and. Shares can be. PredictIt was told to shutter in the U. It is a composite of ratings by several forecasters. Recommendation for a good international event betting site like predictit. was running it; that a subsidiary of the university was receiving compensation from Aristotle, despite the university promising not to profit from the site; and that the site had reneged on its agreement to only take bets on two. “This is a sweeping victory for prediction markets like PredictIt and those who find value in the insights they provide. The Fifth Circuit panel issued the decision on July 21 following a split 2-1 vote. 202-543-8345. Likewise, if other prediction markets like Augur or Predictious take off, I will include those. PredictIt (prediction market, $850 limit per contract, commission 10% of net winnings per market + 5% of total withdrawal amount) Crypto (unregulated, act accordingly): FTX (betting exchange, 0. wider elections, the stock market, the real estate market, etc. Election betting platform PredictIt must shut down for U. The Washington Post reported that PredictIt spokesman Will Jennings said the site was accurate 70 to 80 percent of the time, although it was difficult to make a “blanket accuracy assessment, given the variety of markets. On PredictIt. They’re called betting exchanges. Fortunately, they made an exception for PredictIt. Explore the prediction by Forex experts about the major currency pairs exchange rate for tomorrow and next week. A smaller political predictions market is Iowa Electronic Markets, at the University of Iowa. In the years following the 2014 No-Action letter, Victoria University, in conjunction with Aristotle International, would launch PredictIt, a site that became one of the most followed indicators of future political leanings in the United States, alongside sites like 538 and RealClearPolitics, which have made a name for themselves projection. Election odds currently have Joe Biden at +138. A maximum of $850 in betting per person per contract ( not per market) A substantial house cut of 10% on profits and 5% on withdrawals. Forecastr. January 1, 2021. This prevents a handful of wealthy individuals from putting down thousands of. Compare your predictions with other traders and join the market for the 2022 Florida gubernatorial election. Many of PredictIt’s markets focus on political outcomes, like midterm results or the presidential race. Need help with PredictIt? We are happy to assist! Check out our. According to Aristotle and PredictIt co-founder and CEO, John Phillips, in response to the decision: "This is a sweeping victory for prediction markets like PredictIt and those who find value in. 12 for Democrats to win, . 15. com, Dr. BetMoose. 5 mBTC withdrawal fee) API: A project of Victoria University of Wellington, PredictIt has been established to facilitate research into the way markets forecast events. A screen capture of PredictIt. The other is a similar exchange from the University of Iowa, which has been active since the mid-1990s. In 2016, they, like most everyone else, thought Hillary Clinton would become president. IEM, PredictIt, and the other online markets were wrong about Brexit, and they were wrong about Trump’s win in 2016. BetFair uses odds just as American sportsbooks do when taking action on the results of games. PredictIt works in a nonprofit arrangement with Victoria University in New. There are other sites that operate like PredictIt. Discover the ultimate resource for Predictit – your one-stop destination for free, easy, and fast information!. PredictIt is somewhat larger and more active, with something like $1 million in its individual market, but that is still not much money in the grand scheme of things. marginalrevolution. PredictIt told its U. There are other sites that operate like PredictIt. What I don't like about PredictIt is that they charge 5% on withdrawals plus other. A decision on the future of Victoria University’s political betting site PredictIt remains in the balance as the Fifth Circuit court agrees to allow it to keep trading for a bit longer. These assets trade between 0% and 100%, represented by $0 to $1. This does not increase if you do arbitrage. PredictIt works in a nonprofit arrangement with Victoria University. Here is a look at the odds to win US President in 2024. Find out why - Click here to Analyze all competitors Not only is it largely unenforceable, but, particularly on sites like PredictIt that have an academic purpose, one of the very reasons prediction markets are of interest to researchers is because their prices reflect not only public information but also “scattered private information held by traders. The site is now selling shares — taking bets on future political events — for 10. The PredictIt website offers armchair political pundits a way to make some pocket change by placing small wagers on election outcomes and the actions of politicians. Whether it is U. What Was PredictIt?The CFTC is expected to render a decision Friday on whether or not Kalshi can offer election-based prediction contracts. PredictIt also offers political analysis and insights from its experts and community. 141,467. DraftKings operates a mobile sportsbook in Ireland and has similar odds (-210 for Biden, +160 for Trump). m. Based on my experience thus far, however, I have no reason to believe PredictIt is anything other than what they claim to be– a legal nonprofit with a background in. On the 2022 campaign trail he once joked in. High fees along with restrictions blocking automatic. By Danny Funt. This map will track the consensus forecast for the 2024 presidential election. His day job is running one of the country's largest political data. Unlike those betting sites, PredictIt operates in a similar manner to the Iowa Electronic Markets (IEM), offering investors the opportunity to trade predictions on the outcomes of a wide variety of political events. Wide menu of political events covered. The political betting site PredictIt places his odds of being elected president in 2024, expressed as a share price, at 23 cents, slightly below Trump’s and well below Biden’s, but far above. At the conclusion of its two-day policy meeting today the Federal Reserve said that it was keeping short-term. It’s a way to monetize things like 2022 midterm predictions. PredictIt is structurally inefficient. Screenshot via PredictIt. Advertisement Harry Crane is a professor of statistics at Rutgers. 4. Donald Trump 34¢. com Analytics and market share drilldown here. PredictItCloud Era Prediction Markets: policy and public interest prediction markets like PredictIt gained traction in the early 2010’s, presumably in the advent of the cloud, along with sci-fi markets like SciCast. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. The various markets — PredictIt, the Iowa market, overseas markets like Betfair in Britain and predecessors like the Irish sites Intrade and Tradesports — have. Kalsi asked the CFTC for permission. We examine individual-level trading data from several markets to determine what strategies correlate with financial success. TradeFair is an online trading platform that provides a secure, fast, and easy way to trade stocks, ETFs,. The traders on prediction markets like PredictIt buy the shares with real money, essentially. Consequential issues,. Far and away the most popular market on PredictIt sees the current governor of Florida, DeSantis, favored over the former president at the equivalent of a +144 price (to Trump’s +194). PredictIt works in a nonprofit arrangement with Victoria University in New. 88 for Republicans to win. Simple example of using predictit as a python library and function arguments. Rules and limits Victoria University of Wellington secured a no-action letter from the Commodity Futures Trading Commission, eliminating the risk of prosecution for illegal. It seems like PredictIt's 10% effectively moves the point at which it isn't worth it to correct the inefficiency further out from equilibrium than in the case of free trades. by Feb. On the eve of the 2022 U. TOP LINE Politics is full of bold, outlandish predictions. Commodity Futures Trading. Anything I write here is my opinion and not that of my employer. PredictIt works in a nonprofit arrangement with Victoria University in New. The CFTC realized that University of Victoria Wellington had turned this supposed "small scale educational" venture into a for-profit betting site. And the best part? The community is made up of hilarious, quirky individuals just like us! So, in my shilling and humble opinion, Polkamarkets trumps Kalshi any day 😜 Reply reply itztomlandlord • Kalshi and PredictIt are both great platforms for participating in prediction. Resources. S. See how Predictit compares to similar products. One example is BetFair, which is predominantly for sports betting. Betting against the house on politics in the U. The Biggest Horse Race, IV Trump Indicted EditionPredictIt takes a certain percentage of any gains when contracts are sold or settled & takes a percentage of money withdrawn from the site & that is their source of revenues. It’s a web site the place you could possibly place bets and win cash on political outcomes. “The CFTC action taken on Aug. More than 19 million shares were traded on the House speaker question leading up to McCarthy’s ultimate ascension this. com is the website with the highest similarity score to predictit. November. CFTC Chairman Rostin Behnam shared insights on the future of regulated prediction markets like Kalshi during a recent panel discussion. 5. Crypto Briefing spoke with Will Jennings, head of public engagement for PredictIt, to learn more. According to Aristotle and PredictIt co-founder and CEO, John Phillips, in response to the decision: "This is a sweeping victory for prediction markets like PredictIt and those who find value in. Produced by ElevenLabs and NOA, News Over Audio, using AI narration. New research shows that the best way to improve overall predictive accuracy is by aggregating the forecasts from the best forecasters in a group. Site: PredictIt. Like Wright in Texas, Carey has made a significant effort to play up his connections to Trump, and his endorsement. His campaign released internal polling that put him in the lead, with his support doubling once voters were told that Trump supports him. Get the full predictit. Introduction. Prices for each possible result (usually two possibilities) fluctuate based on market trends. According to Aristotle and PredictIt co-founder and CEO, John Phillips, in response to the decision: "This is a sweeping victory for prediction markets like PredictIt and those who find value in. ”. Betfair: +750 for Democrats, -2500 for Republicans. In 2017, more than 300 million shares were traded on PredictIt. One of the highest courts in the country agrees that in 2014 PredictIt was issued a. Predictit 's alternatives and competitors. Find Predictit's competitors, compare Predictit's features and pricing vs. New research shows that the best way to improve. Like all prediction markets, traditional or otherwise, the PredictIt shows Biden as the favorite to win. PredictIt is a site where Americans can wager on the outcomes of political events, with an exemption from the US Government as the data is used for academic research. You can find analysis on topics such as the 2020 election, the Supreme Court, the coronavirus, and more. By order of the Fifth Circuit Court of Appeals, PredictIt and its co-plaintiffs will have their case heard in District Court, and the political futures market may continue to operate until it concludes. 2024 US Presidential Election Odds Tracker. The Top 10 Sites Like predictit. ’. Looking for brands like Predictit? We've researched the 8 top alternatives to Predictit and summarized the best options here in this Predictit competitors grid. Update: PredictIt. Like Miller, many of the top speculators on PredictIt are political junkies who win money with a mix of savvy and speed. The PredictIt plaintiff lawyers argued that fairness and the Administrative Procedure Act require reasoned decision-making and a detailed explanation before ordering the market to close. Like PredictIt, the Iowa market operates under the academic exception made by the Commodity Futures Trading Commission. To put it simply, PredictIt allows customers to trade “yes” and “no” shares on the outcomes of future political events at prices ranging from $0. USBets: “PredictIt users are not taking the forced cessation of their political prediction market lying down, as some of the site’s traders and academic users and its market technology provider Aristotle International filed a federal lawsuit Friday against the Commodity Futures Trading Commission (CFTC). after being granted a No-Action Letter by the Commodity Futures Trading Commission (CFTC). A judge ruled that PredictIt can continue operating until a final decision is made in that case, despite the CFTC’s efforts to shut it down. With sports betting continuing to expand across the country, many Americans were surprised. AD Users are able to bet on events, such as 2024 nominations for president and whether marijuana becomes federally rescheduled this year, using bank deposits or a credit card, but PredictIt also accepts cryptocurrency. There are two problems here. A screen capture of PredictIt. It’s not like PredictIt is happy about this. S. QAnon—the conspiracy theory that elite Democrats, government officials, and celebrities are part of a cannibalistic, child-sex-trafficking cult, and Donald Trump. org top alternatives and find potential or emerging competitors. Explore the markets on Trump administration, such as whether he will run for president or the House of Representatives in 2022 or 2024, and see how other traders are betting on. PredictIt 65. 202-543-8345According to Aristotle and PredictIt co-founder and CEO, John Phillips, in response to the decision: "This is a sweeping victory for prediction markets like PredictIt and those who find value in. Coin Prices. There are tens of thousands of PredictIt traders with modest investments and quality research done by more than 200 academic research partners that rely on the use of the site's anonymized data. However, PredictIt is expected to liquidate its event contracts by February 15, 2023. "Overall, I put about $60,000 into PredictIt," said Trevor Boeckmann. com at 2012-04-02T14:30:48Z (11 Years, 7 Days ago) , expired at 2025-04-02T14:30:48Z (1 Year, 357 Days left). S. PredictIt, several of its traders and academic users, and technology provider Aristotle International have filed a lawsuit seeking to block the Commodity Futures Trading Commission. Bet sizes are limited. Safety/Trust. John Aristotle Phillips founded PredictIt, a website that lets traders bet on the outcomes of political events. On US and cryptocurrency sites, such as PredictIt and Polymarket which style themselves as “prediction markets”, the shift came earlier still. PredictIt -. A world-leading political predictions market led by a New Zealand university is set to close its doors after American regulators concluded it was breaching its terms of operation. Even if the CFTC follows through on its initial decision to shut the site down, it’s hard not to feel that PredictIt has, in some more. Do you think your real competition will come from new sites or existing ones like PredictIt? Cardenas: PredictIt took the same legal approach as Intrade, except they obtained a letter of “No. Although numerous bookmakers. The top traffic source to marginalrevolution.