It's a prediction market - different than a pure gambling website. The prices are set in realtime by the users so there is 'wisdom of the crowd' information for the public.
160 karma · joined April 1, 2007
CEO/co-founder of Smarkets
http://twitter.com/jasontrost http://smarkets.com
Smarkets is a simple and social place to bet online. Our tech team is top notch and we recently launched publicly. For more information: http://smarkets.com/about/internships/