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Tag Archives: bets
How easy is it to fix an NFL game?
Match fixing has occurred in soccer leagues around the world, so why should the NFL (or college football, for that matter) be any different? In fact, according to this devious report by Brian “The-Fix-Is-In” Touhy, it is much easier to “fix” or … Continue reading
Posted in Deception, Economics, Law, Questions Rarely Asked, Sports
Tagged bets, Match-fixing
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Stephen Hawking wins theoretical physics bet …
Or has he? Prof. Hawking had bet Neil Turok, the director of the Perimeter Institute in Canada, that gravitational waves from the cosmic big bang would eventually be detected. But according to this report in The Guardian, Dr. Turok refuses to pay up … for now. … Continue reading
The fate of Flight 370? An urgent call for single-event prediction markets …
A single-event prediction market might make it easier to determine more rigorously the probabilities of what really happened to Malaysia Airlines Flight 370. Presently, a wide variety of conjectures and conspiracy theories are swirling around (especially on CNN) about what might … Continue reading
Another form of sports betting
Should NFL coaches or Major League Baseball managers be required to pay a fee in order to protest a bad call? They would be if football or baseball were an Olympic sport. Here is an excerpt from this fascinating report in the … Continue reading
Robin Hanson asks, “Why do bets look bad?”
prior probability really enjoys Robin Hanson’s blog Overcoming Bias and admire his cutting-edge academic work, especially his project on prediction markets. Recently, Hanson proposed a number of reasons why people might reasonably refuse to place bets to back up their beliefs. Although betting might not be … Continue reading
Posted in Uncategorized
Tagged bets, legal failure, Prediction Markets, Robin Hanson
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Royal probabilities
Before the birth of a baby boy today to Kate & William, the probability that the baby would in fact be a boy was 1/2, but what is the probability that the boy’s grandfather, Prince Charles, will ever ascend the … Continue reading
Posted in Uncategorized
Tagged bets, Prediction Markets, Prince Charles, Probability, Robin Hanson
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The law of fantasy sports
prior probability‘s former colleague Marc Edelman, one of the top scholars in the emerging area of sports law, has written a short treatise on fantasy sports and the law. (Check out his twitter too.) Here is part of his abstract: “America is … Continue reading
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