FORAXION TIMESOCTOBER 2026
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Prediction markets can work without money on the line: Servan-Schreiber in Bloomberg Opinion
In a Bloomberg Opinion essay on 8 July 2026, Émile Servan-Schreiber revisited a 2003 wager with Justin Wolfers over French and California wine. The bet became a study showing that play-money and real-money markets forecast American football equally well, and he argued that design, not money, drives accuracy.
