NYPOST.com TEAMS WITH PREDICT IT

Posted
By: Staff Reports Feature Lets Sports Fans Track Their Prognostication Skills



The New York Post Web site will run a co-branded version of
Predict It Sports, an interactive forecasting application from Predict It Inc. of New York. The
service creates a community of users by documenting and rewarding
prediction performance.



Located at http://predictit.nypost.com, the
site covers everything from American football to soccer to wrestling. As
users build up winning track records, other users are able to consult
their picks. When that happens, Predict It pays cash to the leading
prognosticators.



The current pay rate is a penny per future pick page view, or $10 for
every 1,000 page views. Payments are issued quarterly.



The Los Angeles Times has been running the same service on its
site since last summer. McClatchy's Nando Media and CBS Sportsline are
among Predict It's 60 partners.



The company also runs VirtualStockExchange.com, which is syndicated to
latimes.com, CMP Media, and others. The site is a stock market game with
message boards.



President Andrew Merkatz says Predict It has 75,000 members, while the
Virtual Stock Exchange has 210,000 members.

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