By Xin Lu
My ex-coworker told me that he is interviewing at a startup called Predictify . He showed me their website and I was intrigued. Basically, the company lets you predict the outcomes of events that happen in the future, and if you are accurate about the outcome you could get paid for it. I decided to try it out.
At Predictify you can stake your prediction on a variety of events including the outcomes of elections or the sale price of a house. You can even add questions you want answered for free. Each of the premium questions have a payout pot amount and a limit on how many people could guess. You also have to give a little demographic information such as gender and age, but the data collected is not linked to you personally. It is basically like taking an anonymous survey.
For the questions with no payout, you earn community points and also rankings for your predictions. It is also fun to try out your divination skills and interact with people who care about the same issues. With your prediction you can add a comment explaining why you submitted your guess and you can change your prediction as long as the poll is not closed.
The payout you receive at Predictify depends on how accurate your are and how early you sent out your prediction. So far two of my predictions closed and I was so off that I earned nothing. The top player right now has won over $200 and has participated in over 2000 predictions. I only participate in the premium questions so I have only done a few. There are new issues added every day and premium issues tend to be fill up quite quickly. This site definitely will not make a lot of money for you, but it is fun and you could get a little bit of pocket change.
Permalink | 2 comments | Xin Lu's blog | Channel: Personal Finance, Art and Leisure, Making Extra Cash, Technology
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