IF FAQ Edit Wizard

3.5. Are there any types of proposed claims that will be rejected even if written in a clear and easy to judge manner?

• Claims based on random events. Claims must be designed so that their prices could provide some information which is of value to people who aren't trading the claim.
• Claims that can't be resolved soon enough. I don't want to commit to keeping the market active for a long time until there are clear reasons to expect that it will attract serious traders over much of that time period. I currently require that all claims settle within 5 years. If the market becomes succesful enough that it produces nontrivial advertising income, I will relax that restriction significantly.
• Certain areas where I arbitrarily decline to inform myself well enough to take any responsibility for judging:
  • Sports claims.
  • Hollywood/entertainment/celebrities.
• Claims which could require knowledge of a language other than English to judge. The exchange will have a clear bias towards U.S.-oriented claims.