Question Details

Will InTrade reopen?

Will InTrade reopen?

Asked by: Super Userkruijs in General » Litigation
Settled on 01/06/2014 21:45 Settled by Super Userkruijs
Winning option:Not during 2013 Intrade 2.0 is currently under development…

January, 2014

Today’s society moves fast. Technological advances in social connectivity, of increased computer processing power, and of human productivity and awareness create a NEW NEED for reliable and objective ways to measure the likelihood of potential future outcomes of all of the things that happen around us, and that may even happen to us.

http://www.intrade.com/v4/home/

Predictions

Background

Intrade.com is no more. At least for the foreseeable future. Although, given what’s happened during the last few months, it seems unlikely that the site will ever reclaim its former position as the world’s leading predictions market, where you could bet on everything from elections to commodity prices.

http://www.businessweek.com/articles/2013-03-11/whats-behind-the-mysterious-intrade-shutdown

Comments

Comment on this question:

Sign in to comment

   Super Userkruijs

But the legal fallout from the end of InTrade, for the U.S., will be the inevitable rise of the next online predictive market. With InTrade out of the way, some other online gambling site — anyone from PaddyPower to Betfair — will grow into the hole created by InTrade, subtly open itself to U.S. customers, and likely reignite the legal battles with the CFTC all over again. Hopefully, next time around, cooler heads will prevail at the CFTC and welcome these predictive markets to the regulatory regime.

http://www.techdirt.com/articles/20130314/17124422331/go-ahead-short-your-intrade-will-come-back-contract.shtml

What's This!?

  • This is a user submitted question. Players make predictions on what they expect to be the actual outcome.

    more...

  • Register for free and get 1,000 KtN$
    in virtual cash to start predicting!

  • Limited offer: Sign up today and recieve double cash!

Advertisement