Within Knew The News, this new feature would allow players to compete within a limited group of fellow predictors.
Once running, the players could make predictions on a subset of markets, which would be made available for the competition, and the competition would eventually end on a certain date eventually revealing a winning competitor.
Starting conditions for the competitors will be equal: All would have a seperate play money budget only to be used within the competition. Betting on markets in a competition context would have no influence on the global instance of it.
Example Competitions:
– The College Footbal Season, covering all markets from the NCAAF and running from the beginning to the end of a single season.
– Monthly Stock Market Competitions: Daily DJIA percentage change market, running though one month.
Feel free to give any feedback on this concept in the forums