If you follow news, politics & current affairs closely, Hub Dub could attract you with their free online betting website.

And as a promotional offer, HubDub is giving away $1000 in virtual money to sign-up with them & participate in the free online betting .

HubDub brings in current news from various press organizations like Reuters , NFL & others. Users can bet on political events , bet on sports free & also bet on current affairs & news events.

Hubdub forecasts thousands of news stories by combining your predictions on their play money news prediction game . A prediction market is market where people trade predictions on future events . Hubdub uses a modified version of the Market Scoring Rule invented by Professor Robin Hanson at George Mason University.

Registered users can not only bet on current questions & topics, but can also put up a question to others. The question creator retains authority over their question title and settlement details. Settlement occurs whenever the topic or news becomes public knowledge so that the question can be conclusively answered.

Hubdub has been extensively covered in various reviews by77 New Technologies to Launch at DEMO 08 , Info World , ABC News & the UK Guardian amongst many others.

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