Monday, August 25, 2008

Make Money on the Future

Why gamble on fantasy football when you can take bets on sports the same way you invest in the stock market?

Tradesports.com is like a stock exchange for sports.

The data is much more accurate than opinion polls because the traders will lose money if they have the wrong opinions.

The company is based off of Intrade.com where people take bets on global events.

Intrade predicted that George Bush would win 2004.

It also predicted 33 out or 34 Senate races (it failed in Alaska because barely anyone traded).

You can bet on who will win an Emmy, where a hurricane will hit, and even on the outcome of O.J. Simpsons Las Vegas Robbery Trial.


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