11 Jul '13, 10pm

You can now bet on the sex of William and Kate’s baby (in Bitcoin)

You can now bet on the sex of William and Kate’s baby (in Bitcoin)

Is the predictions market back? Intrade, the popular betting site where one could place odds on anything, was shut down back in December . The loss deprived gamblers of their wages, and media and pundits of a trend indicator that was often more accurate than polling . A new site launching today could resurrect the practice, however. Predictious is a predictions market conducted entirely in Bitcoin, the virtual currency that approximates cash on the internet. Predictious is based in Ireland, the former home base of Intrade, where this kind of betting is legal. The fact that trades are done in Bitcoin means anyone around the world can participate. The site uses Bitcoin, which means anyone in the world can bet Predictious is hoping that the fact that trades are done in Bitcoin, and not in a nationally regulated currency, could help it evade running afoul of gambling and secur...

Full article: http://www.theverge.com/2013/7/11/4515640/predictious-bit...

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Baby boy for Britain's William and Kate

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