Re: 1 new message in 1 topic - digest
Andrew Jones
It's fairly common for comments on the freakonomics blog to take
several days to post.
They get caught in the spam filter.
-
A
On 8/10/06, Prediction-Markets group <nor...@googlegroups.com> wrote:
>
> Prediction Markets
> http://groups.google.com/group/Prediction-Markets
>
> Predictio...@googlegroups.com
>
> Today's topics:
>
> * Chris Masse censored by Steve Levitt on the TradeSports NKM issue. - 1
> messages, 1 author
> http://groups.google.com/group/Prediction-Markets/browse_thread/thread/de7b119f8b960035
>
> ==============================================================================
> TOPIC: Chris Masse censored by Steve Levitt on the TradeSports NKM issue.
> http://groups.google.com/group/Prediction-Markets/browse_thread/thread/de7b119f8b960035
> ==============================================================================
>
> == 1 of 1 ==
> Date: Wed, Aug 9 2006 11:54am
> From: "Chris. F. Masse"
>
>
> Hello dear friends of prediction markets,
>
> I've just been censored by Steve Levitt, who has suppressed the comment
> that I've made today on his excellent blog post about the NKM
> controversy:
> http://www.freakonomics.com/blog/2006/08/09/a-bump-in-the-road-for-prediction-markets/
>
> I've reposted my (now suppressed) comment here:
> http://www.chrisfmasse.com/2/2006/2006-08-09_north_korean_missile_contract_tradesports_intrade.html#Steve_Levitt
>
> There's probably something I said that Steve Levitt viewed as unfit to
> print, and his opinion is honorable. I really don't know what is it
> that went wrong. Would you be so kind so as to point to me where I
> faulted? Something I said? What, exactly?
>
> I offer my apology, in advance, if you find something outrageous or
> untrue in the following text:
>
>
> QUOTE
>
> Thanks for airing this controversy. You're brave.
>
> I'd like to say to your readers that very few scholars have dared
> expressing their viewpoint publicly, because scholars need the data
> coming from TradeSports (and BetFair) to feed their research and
> publications. They fear retaliation from TradeSports (which has already
> retaliated against me for airing this dispute).
> http://www.chrisfmasse.com/4/feedback/2006/2006-07-24_john_delaney.html
>
> As you said perfectly, this issue is complex and there's no clear
> cut. As I wrote, all opinions are respectable (expire to 0; expire to
> 100; unwind all trades and void all bets; or pay both sides).
>
> That said, one thing bothers me a lot: How TradeSports treated its
> customers.
>
> The intent of the contract was whether NK would launch missiles. It
> became whether the US DOD would confirm the NK missile launches after
> July the 4th, but that was not wanted originally by TradeSports.
>
> Which is why TradeSports apologized to its customers and promised to
> carry some reforms.
> http://www.tradesports.com/aav2/news/news_58.html
>
> The problem is that TradeSports apologized and promised to reform, but
> they did nothing to compensate the victims.
>
> What's problematic with TradeSports is that their customers can not
> complain anywhere. As you know, TradeSports is illegal in the U.S. And
> contrary to Betfair, TS is not a member of any independent arbitration
> service.
> http://www.ibas-uk.com/
>
> And TradeSports is not regulated in Ireland, contrary to BetFair, which
> is regulated in the U.K.
> http://www.gamblingcommission.gov.uk/
>
> So if you're a disgruntled traders (mostly U.S. residents, where
> TradeSports is illegal), where do you complain? Not to the US courts.
> Not to trade associations. The only people who will listen are some
> sportsbook guide, where TradeSports has just been downgraded to C+.
> http://www.sportsbookreview.com/Search/default.aspx?Search=tradesports&Area=Site&Submit=Home
>
> This situation is very sad, and I hope that TEN CEO John Delaney will
> come forward to make the necessary reforms to TradeSports / InTrade.
>
> Thanks.
>
> UNQUOTE
>
> So, that was it. Would you mind helping me finding out what was so
> objectable or dead wrong in my blog comment? Thank you very much.
>
> Chris Masse
> http://www.chrisfmasse.com/
>
>
>
>
>
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--
Andrew Jones
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