Last year they were right on nine out of 11 traded categories. They were wrong on Best Picture and Best Director.
It allows you to take a view on probabilities.
In this case, you are kind of betting on what the Academy is doing, what Hollywood is thinking, what trends it is thinking about ... I don't know if you can guess at those.
I can predict that it's going to be very volatile for the next few weeks. As more information comes out, you'll be able to see what the markets are hanging on and what the markets think are important.
I can predict that it's going to be very volatile for the next few weeks.
The major difference between us and a bookie is the fact that we allow individuals to make markets in these events in the same way they make markets in a stock.