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Bet2Give
Bet2Give
Bet2Give is a real-money prediction market where participants grow their accounts with investments in predictions about the future, and give their winnings away to non-profit organizations of their choice. Those who bet correctly and make a profit can effectively give other people’s money to their preferred non-profits. Those who bet wrong and lose still see their money go to worthy causes, but chosen by others. Bet2Give lists prediction stocks on a wide variety of topics in sports, business, current events and politics. Even though Bet2Give requires realmoney funding from its participants, it is not a gambling venue because it doesn’t offer any possibility of personal profit. All the money funded or won at the game is eventually donated to player-selected nonprofit organizations. Launched in the fall of 2007, Bet2Give is the first prediction market to explore the intersection between online betting and online giving.
External links
• Official website
References
• CNBC’s Maria Bartiromo introduces Bet2Give on the "Closing Bell" show • How to bet real money, in a country in which real money markets are illegal?
Retrieved from "http://en.wikipedia.org/wiki/Bet2Give" Categories: Economics websites, Betting exchanges, Giving This page was last modified on 24 June 2008, at 23:03 (UTC). All text is available under the terms of the GNU Free Documentation License. (See Copyrights for details.) Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a U.S. registered 501(c)(3) taxdeductible nonprofit charity. Privacy policy About Wikipedia Disclaimers
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