Prediction Markets: The Good and the Bad

When
June 29, 2026
12:00 PM - 1:00 PM
Location
2100 E 71st Street Indianapolis, IN 46220
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Speaker: Rick Whitener

A prediction market is where individuals trade contracts based on the outcomes of unknown future events such as election results or sports competitions. The earliest US market is the Iowa Eletronis Market which has been run by the Univeristy of Iowa as an education tool since 1988. This talk will outline areas where these markets have proved to be useful and areas where problems have been created.

Rick Whitener has a BA in Economics from Davidson College. He is a former banker and IT consultant.

The Scientech Club provides a forum for weekly presentations and discussions in science, technology, and other topics. The Club meets most Mondays at the Northside Events Center and Social Club (2100 E. 71st Street, Indianapolis, IN 46220.