Smarkets Turns To The Wisdom of Crowds to Predict The TV Election Debates

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 15, 2010 -- Tonight, Gordon Brown, Nick Clegg and David Cameron share the stage for the first of three Presidential style televised debates. Smarkets is unleashing the wisdom of crowds to predict the outcome

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Smarkets Turns To The Wisdom of Crowds to Predict The TV Election Debates

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There will be three televised debates, tonight's debate is broadcast from Manchester on ITV at 20:30, Sky (22nd of April) and BBC One (29th of April) will host the other two debates. Each debate is themed around a specific issue, tonight's is 'home affairs', the next is 'international affairs' and the final debate will be on 'the economy'. Alistair Stewart, who will moderate the first debate, said: "I have a great sense of excitement and responsibility. This is a huge occasion for ITV, for the leaders and for British democracy. It is a great honour to be a part of it." [Sky News]

Following the debate there will be a poll of more than 1000 viewers who will give their feedback on who performed best.

The current market position on Smarkets for 'first TV debate winner' is: David Cameron at 53%, Nick Clegg at 48% and Gordon Brown - 10%

Smarkets is running markets around many aspects of the UK General Election. Members can predict the size of the TV viewing audience and on which leader will win each debate in addition to more the traditional overall winner, constituency and seat markets.

Links

http://smarkets.com/politics/uk/tv-debates
http://smarkets.com/politics/uk/tv-debates/first-tv-debate-winner


For more information
Jason Trost
Co-founder/CEO

Tel: +44 7511 515 676
Email: press@smarkets.com
Website: http://smarkets.com
Address: 144a Clerkenwell Rd. London EC1R 5DF United Kingdom



About Smarkets
Smarkets is a betting website that makes punting on events simple and social. Instead of betting against a bookie, with Smarkets you bet against other members and the crowd determines the market value of an outcome.

Founded in 2008 by Jason Trost (CEO) and Hunter Morris (CTO), Smarkets’ multi-national team works out of offices in London and is backed by a group of private investors including former Last.fm chairman Stefan Glaenzer.


About the betting industry
55% of UK adults gamble in some form. (Gambling Commission Survery 2007)
Online sports betting is worth over $3 billion annually
Football betting accounted for 150.7 million bets and £980 million in 2008
Betfair is the world's biggest prediction exchange, with around $28 billion traded in 2007.

Smarkets takes a fresh look at this industry and has created a social, secure and transparent platform for betting.

More information can be found online at http://smarkets.com

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