The markets on Knew The News are user generated, and any user is welcome to contribute his own markets.

Technically, creating markets – or “question” as many like to name them – is a straight forward procedure: Hit the “Create Market” link on top of the page and simply fill in all fields of the dialog. The dialog will detect any errors and will only allow you to submit complete and correct markets.

To transform an idea into a Knew The News market is the most challenging part.

But: No one will be banned from the site just because he created a market which isn’t easy to settle!

Read more on how to create a successful Knew The News market.

As of December 1st, 2010, Knew The News went public.

What is Knew The News?

Knew The News is a free community driven news prediction site, based on the Hansons Market Maker algothms. Using a virtual currency, members make predictions on the outcome of news events by buying stakes on different outcome options. By doing so, the value of the outcome options vary, and represent the anticipated occurrence of the specific outcome.

In other words: The wisdom of the crowd form the forecast of an event to happen.

How To Play

The specific upcoming news event is typically phrased as a question, and the outcomes are the associated, possible answers. Using portions of their virtual cash, people buy positions on those answers they think are likely to happen. On settlement of the question, those players which made the correct prediction will be awarded even more virtual money.

If you want to learn more about how predictions are made on Knew The News, please take a look at the Tour.

How To Start Playing

Participating in the Knew The News is really easy: You may simply login with your existing Facebook account, or, if you prefer create an account on the website.

The best: Knew The News is completely free to use

Enjoy predicting!