[extropy-chat] Betting Markets

[Adrian Tymes]

--- Brett Paatsch <bpaatsch at bigpond.net.au> wrote:
> What's the main problem at present? Is it that such
> markets can't
> be easily implemented without running awry of
> gambling laws? 

No - there are "idea futures" markets around, and they
can be run for real money legally if you get the right
approvals (or, at least, get the regulators to say in
writing, "you'worth shutting down right now").  It
seems that they're still catching on, though.  See,
for example, http://hanson.gmu.edu/ideafutures.html