Foretal : A prediction market web site I have to try

October 3, 2007 – 5:38 pm

Foretal is a prediction market that offers play money as well as real money markets. Based in Malta (Quote: “a full EU member, with a Lotteries and Gaming Authority that has the most advanced on-line gaming framework in the world“), so that it can offer real money trading.

Foretal also allows to create one’s own market under certain conditions: the facts have to be well established and available on well known and reliable web sites such as the BBC or CNN.

The rules seem a bit complex but being able to trade both with real money and play money should had to the fun.