Well, when it comes to US equity markets, you can just invest in them (or against them).
What about a site, say the web 2.0 version of longbets.org, where users can make predictions just using karma (or HN points) and user results are published? Does anything like that exist?
The broker might make you jump through a trivial hoop to get a margin account and fax in an additional agreement. Stock short account you just had to request and to get option shorting my broker, TD Waterhouse, had a simple Q&A quiz to make sure you understood the risk profiles of option shorting.