I was curious as to how much people seem to be participating. I wonder if Hubdub can update us on how many hits the site is getting on a daily basis, how much hubdub cash is being wagered. I know I seem to be struggling to find questions to wager on. It seems 90% of the new questions are sports related, and I am sports fan, but don't think how many points a team scores in a particular quarter is really news worthy. It is easy to wager on, there is definite outcome, which I think is one reason so many seem to be wanting to wager on questions where the outcome can be measured and is not subjective.
I brought up a question in one of the comments about what is Hubdub. Is it a news forecasting site, or a site to wager on outcome of events. Now on first read they would seem one in the same, but as a person who has seen alot of controversy on this site about questions and settling markets, I believe there is a distinct difference. I think some input about this from the admins would be greatly appreciated. Lets take a simple quesiton and use as an example, the question is Will Hillary drop out of race before April 30th. Now if we are a news forecasting site, then we should be wagering on what will the news report. So if CNN, MSNBC, FOX, the official campaign announces, and other major media outlets report she is not dropping out of race before the convention, then shouldn't that trigger a settlement? The question has in its settlement details, as reported by a main stream news agency. However if Hubdub is about predicting the outcome of events, then we would leave the question open, and then after the date has passed settle market based on actual events. In which case, the settlement details should say something about regardless of what news media reports, this will not be settled before the listed date. Now many of you have seen how questions get ripped apart and each word is defined in its own context. As of now, John Edwards is still in the race, and so is Mitt Romney, as they both suspended thier campaigns, so couldn't it be argued, and won't it be, that they didn't drop out of race.
My point I am hoping to get others to comment on is rather this has led to a decline in participation on the website, maybe there is no decline, but it just seems that I get a feeling there is. Maybe it is something else, I would love to hear what others think. I know for me when I read a question, my first thought before wagering on it, is can this question be settled, and how many people will try to rip it apart and attempt to get it voided.
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