Originally Posted by
SBR drew
I just checked the site out. It is very interesting how they have these markets set up . The fact you can add your own market too is a creative feature. Fairlay.com doesn’t want to be another automated bookie, Fairlay seeks to crowd-source information by providing a totally open prediction market. Functioning more like a conditional exchange, the website not only allows users to bet but to see public confidence on various bitcoin and altcoin related events, as well as sports, and YouTube views.
"How prediction markets
In a typical prediction market, users make a bet, in some form or another. On Fairlay, for example, a user may simply state a prediction, and give odds, and wait for another user to match that bet."