Hubdub Adds News Forecasts to The Huffington Post
Friday, September 5th, 2008
Image via Wikipedia We are really excited to announce our first ever partnership, which is with the Huffington Post. According to Wikipedia The Huffington Post “…is ranked the most linked-to blog by Technorati, the most visited news weblog by Alexa Internet, and the most influential blog in the world by The Guardian.” So in short we are very excited to have partnered with them. Hubdub will be providing forecasts via our widget which is embedded in all of their tag pages (for example here is John McCain’s tag page). We are currently putting together a widget and API page which will allow other news publishers and blog use this data.
Our press release is below:
Hubdub Interactive News Forecasts Now Used By The Huffington Post
Hubdub allows HuffPost’s readers to see accurate and timely forecasts on all the top news stories.
Want to know how likely it is that Palin will pull out of the presidential ticket? Or perhaps, the chance that Obama is the next
This new partnership means that from each of The Huffington Post’s tag pages, readers can see a list of all the current forecasts on that particular topic. For example, Sarah Palin’s tag page includes Hubdub forecasts on whether she’ll pull out of the presidential ticket (16% chance) and whether she will mention Alaska’s proximity to Russia as evidence of her national security experience (38% chance). All these forecasts update automatically when the Hubdub market moves, and Huffington Post readers can easily click through to the question on Hubdub for more information and participate in predicting the news.
Hubdub’s CEO, Nigel Eccles says, “This is a really exciting partnership, from day one we’ve always wanted the Hubdub market information to sit beside high quality news content”.
“We think our news obsessed users will get a kick out of Hubdub’s fun forecasting feature,” said Mario Ruiz, VP, Media Relations, The Huffington Post.
Prediction markets are becoming increasingly popular, especially now in the run up to the November election. They have proven to be more agile than polls, responding in near real-time to developing stories, and indeed to be more accurate since participants actually have a stake in the game. The fact that it’s Hubdub dollars at stake is apparently irrelevant – Hubdub users are so competitive that the most important thing is that they prove they were right to the rest of the vibrant community.
This partnership marks a significant development in the growth and focus of prediction markets. Projecting market forecasts out to news sites means that prediction markets are becoming more mainstream and easier for casual browsers to appreciate.
About Hubdub
Founded in November 2007, Hubdub enables users to trade predictions across 2,000 news stories and future events. For more information, visit Hubdub
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