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Intrade
Intrade.com was a web-based trading exchange whose members "traded" contracts between each other on the probabilities of various events occurring. After having been forced to exclude US traders in 2012, on 10 March 2013 Intrade suspended all trading, citing possible "financial irregularities". For a time after the suspension, the intrade.com website stated that they were working on a relaunch of the site, called "Intrade 2.0", but as of August 2014 it states that "It appears very unlikely now that Intrade will resume trading services in the way it had operated previously", and announced plans to close all accounts and refund monies by 31 December 2014. History Intrade was founded by Ron Bernstein and Sean McNamara, a New York futures and options floor trader in 1999. Intrade was later acquired by Tradesports in 2003. John Delaney, the VP of Finance at Intrade, was appointed as the CEO of Tradesports during the acquisition of Intrade by Tradesports. In 2004, Tradesports was re-or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TradeSports
Tradesports.com was a web-based fantasy sports predictions game. Tradesports announced it was closing for business on November 30, 2015. Daily contests included all major sports in season like MLB, the NFL, the NHL, the NBA, College Football and College Basketball. Tradesports.com used proprietary trading technology originally developed by Intrade.com. Founded and re-launched by Ron Bernstein, Tradesports.com, Inc. was a US based company with offices in New York City. Bernstein was the original founder and CEO of Intrade. Gameplay Tradesports.com offered Fantasy Sports predicting with real money entry fees and real cash prizes. Tradesports was a prediction market asking players to make YES or NO predictions about the outcomes of things that happen during sporting events, where the best predictors won. Different from traditional fantasy sports, Tradesports contests were based upon the teams and players fans know about. There were no drafts or rosters. Tradesports.com users wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Market
Prediction markets, also known as betting markets, information markets, decision markets, idea futures or event derivatives, are open markets that enable the prediction of specific outcomes using financial incentives. They are exchange-traded markets established for trading bets in the outcome of various events. The market prices can indicate what the crowd thinks the probability of the event is. A typical prediction market contract is set up to trade between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Policy Analysis Market
The Policy Analysis Market (PAM), part of the FutureMAP project, was a proposed futures exchange developed, beginning in May 2001, by the Information Awareness Office (IAO) of the United States Defense Advanced Research Projects Agency (DARPA), and based on an idea first proposed by Net Exchange, a San Diego, California, research firm specializing in the development of online prediction markets. PAM was shut down in August 2003 after multiple US senators condemned it as an assassination and terrorism market, a characterization criticized in turn by futures-exchange expert Robin Hanson of George Mason University, and several journalists. Since PAM's closure, several private-sector variations on the idea have been launched. Proposal PAM was to be "a market in the future of the Middle East", and would have allowed trading of futures contracts based on possible political developments in several Middle Eastern countries. The theory behind such a market is that the monetary value of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Delaney (businessman)
John Delaney (1969 – 21 May 2011) was an Irish businessman and the CEO of the trading exchange website Intrade from 2003 until 2011, which was the first commercial online exchange to feature trading on election outcomes. Delaney died at the age of 42 while climbing Mount Everest—a lifelong ambition—and came within 50 meters of the summit. He is survived by his wife, Orla, two sons, Caspar and Alexander, and a daughter, Hope, who was born whilst Delaney was away on the expedition. See also *List of people who died climbing Mount Everest Over 340 people have died attempting to reach—or return from—the summit of Mount Everest which, at , is Earth's highest mountain and a particularly desirable peak for mountaineers. This makes it the mountain with the most deaths, although i ... References 1969 births 2011 deaths Irish businesspeople Mountaineering deaths on Mount Everest {{Ireland-business-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kalshi
Kalshi Inc. is an American financial exchange and prediction market based in Lower Manhattan, New York City, offering event contracts. Launched in July 2021, it offers a platform where both retail and institutional traders can place trades on various future events, including economic indicators, weather patterns, awards, as well as political and legislative outcomes. The platform enables users to trade on yes-or-no questions, with contracts priced based on the market's estimated probability of an event occurring. The exchange provides contracts that pay out $1 for correct selections. In October 2024, Kalshi received approval to reintroduce election markets, allowing users to wager on political outcomes, such as congressional control and presidential elections. History Founded in 2018, Kalshi was established by Tarek Mansour and Luana Lopes Lara. The idea for the company emerged during their tenure as financial analysts, where they identified challenges faced by investors a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2006 North Korean Missile Test
Two rounds of North Korean missile tests were conducted on July 5, 2006. The Democratic People's Republic of Korea (DPRK or North Korea) reportedly fired at least seven separate missiles. These included one long-range Taepodong-2 missile and short-range Scud derived missiles including the enlarged Nodong missile. The Taepodong-2 was estimated by United States intelligence agencies as having a potential range reaching as far as Alaska, although this missile failed after about 42 seconds of flight.. Accessed July 31, 2009.ArchivedAugust 5, 2009. North Korea made its first public acknowledgement of the tests on July 6, through its foreign ministry, describing them as "successful" and part of "regular military drills to strengthen self-defense", insisting that it had the legal right to do so. The country warned of "stronger physical actions" if it were put under pressure by the international community. On July 8, CNN reported that the U.S. had deployed the USS ''Mustin'', a guided ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rick Santorum
Richard John Santorum Sr. ( ; born May 10, 1958) is an American politician, attorney, author, and political commentator who represented Pennsylvania in the United States Senate from 1995 to 2007. He was the Senate's Chairman of the United States Senate Republican Conference, third-ranking Republican during the final six years of his tenure. He also Rick Santorum 2012 presidential campaign, ran unsuccessfully for president of the United States in the 2012 Republican Party presidential primaries, 2012 Republican primaries, finishing second to Mitt Romney. Santorum was elected to the United States Senate from Pennsylvania in 1994. He served two terms until losing his 2006 United States Senate election in Pennsylvania, 2006 reelection bid to his opponent, Bob Casey Jr., Bob Casey. A Catholic Church, Catholic, Santorum is a Social conservatism in the United States, social conservative who opposes abortion and Same-sex marriage in the United States, same-sex marriage and embraced a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matt Strawn
Matthew "Matt" Nathan Strawn (born 1974) is an American businessman from Ankeny, Iowa. Early life Matt Strawn is from Van Horne in Benton County, Iowa, where his family were farmers. From 1992 to 1996, he attended the University of Iowa and graduated in 1996 with a BA majoring in political science, journalism and mass communication. From 1999 to 2003, he attended the Columbus School of Law at the Catholic University of America, received his JD in 2003, and became a member of the Maryland Bar Association in 2004. Career He served on the staffs of Saxby Chambliss from 1997 to January 2001 and Mike Rogers from January 2001 to June 2007. During the 2008 presidential election, he supported John McCain's campaign. Iowa Barnstormers In early 2008, Strawn through The Strawn Company, Jeff Lamberti, and others became co-owners of the Iowa Barnstormers in the af2. The owners purchased the team from Iowa Pro Football L.P., which was led by Jim Foster, for $500,000. From the 2010 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also known as the Grand Old Party (GOP), is a Right-wing politics, right-wing political parties in the United States, political party in the United States. One of the Two-party system, two major parties, it emerged as the main rival of the then-dominant Democratic Party (United States), Democratic Party in the 1850s, and the two parties have dominated American politics since then. The Republican Party was founded in 1854 by anti-slavery activists opposing the Kansas–Nebraska Act and the expansion of slavery in the United States, slavery into U.S. territories. It rapidly gained support in the Northern United States, North, drawing in former Whig Party (United States), Whigs and Free Soil Party, Free Soilers. Abraham Lincoln's 1860 United States presidential election, election in 1860 led to the secession of Southern states and the outbreak of the American Civil War. Under Lincoln and a Republican-controlled Congress, the party led efforts to preserve th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitt Romney
Willard Mitt Romney (born March 12, 1947) is an American businessman and retired politician. He served as a United States Senate, United States senator from Utah from 2019 to 2025 and as the 70th governor of Massachusetts from 2003 to 2007. He was the Republican Party (United States), Republican Party's nominee in the 2012 United States presidential election, 2012 U.S. presidential election. Mitt Romney is a son of George W. Romney, a former governor of Michigan. Raised in Bloomfield Hills, Michigan, Mitt spent over two years in France as a Mormon missionary. He married Ann Romney, Ann Davies in 1969; they have five sons. Active in the Church of Jesus Christ of Latter-day Saints (LDS Church) throughout his adult life, Romney served as Bishop (Latter Day Saints), bishop of his Ward (LDS Church), ward and later as a Stake (LDS Church), stake president for an area covering Boston and many of its suburbs. By 1971, he had participated in the political campaigns of both his paren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iowa Caucus
The Iowa caucuses are quadrennial electoral events for the Democratic and Republican parties in the U.S. state of Iowa. Unlike primary elections, where registered voters cast ballots at polling places on election day, Iowa caucuses are meetings where voters gather to discuss and select candidates for their registered party. Political parties hold the caucuses, in contrast to most state-run primaries. Both presidential and midterm elections in Iowa use caucuses. The caucuses are also held to select delegates to county conventions and party committees, among other party activities. The Iowa caucuses are noteworthy as the first major contest of the United States presidential primary season. Although caucus-goers have been unrepresentative of the nation's overall demographic, caucuses are still seen by some as a strong indicator of how a presidential candidate will do in later contests. Candidates who do poorly in the Iowa caucus frequently drop out in the following days. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
