Betocracy – Harness the Power of Prediction Markets



Betocracy will allow you to create your own market bids and predict the outcome of events such as the 2008 elections or year end bonuses.

Decision markets, otherwise known as prediction markets, idea futures or simply bets, are gaining visibility as an important forecasting tool.

Theoretically, the bets themselves can serve as a decision-making tool for CEOs and decision makers as long as the there are enough ongoing bets. The concept is based on the theory of prediction markets created by Servan-Schreiber, Wolfers, Pennock and Galebach.

Betocracy (Bet + Democracy) was created by Israeli entrepreneur Yaron Koren with the goal of aggregating the opinions of groups by letting visitors bid points (rather than cash) on future events.

Create your own prediction market anonymously and for free – no programming knowledge is required. Most recent markets created include the Democratic Nomination in 2008 and Second Life Stock exchange predictions.

Eze Vidra
Follow me

Eze Vidra

Chief Innovation Officer at Antidote
Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Ezewas a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google's first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He's an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.
Eze Vidra
Follow me

Latest posts by Eze Vidra (see all)

Eze Vidra

Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Eze was a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google’s first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He’s an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.