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by hiAndrewQuinn 492 days ago
The "betting table" reminds me that I continue to think there's a large, mostly untapped market for good internal betting and prediction market software in large software companies. The primary problem around them seems to be psychological: it's very, very painful to lose a bet that feature X will be shipped by date Y in state Z, and even more painful to see your own track record of failures grow over time, even if you are also accumulating successes.
1 comments

I like this concept – when isn’t a commitment a bet that we can achieve Z by date Y? To make it concrete is not dissimilar from the other gamified features different work planning tools have been adding in recent years

Your point about seeing the inevitable lost bets add up is well taken, though from what I have seen the healthy responses to loss tend to be close to “either we win or we learn”.

So you want your team to make smarter bets and win bigger over time, and/or learn more from their losses. Can a software product make that process anything but a burden? Is there more there than other types of performance incentive systems?