Financial Times FT.com

Non-profits place a bet on prediction markets

By Lauren Foster

Published: April 19 2008 05:01 | Last updated: April 19 2008 05:01

Will Osama bin Laden be caught before President George W. Bush leaves office? Will Barack Obama win the Democratic nomination?

At Bet2give, an online electronic prediction market, anyone can “bet” real money on the outcome of these events but with a twist – the “winnings” go to a charity of the person’s choice.

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