# Prof. Panos Ipeirotis discusses the betting website Intrade

1 Faculty News March 17, 2013 ![New York Magazine logo](/sites/default/files/styles/246w/public/assets/images/con_035440.gif?itok=tfYuio90)>

Excerpt from [New York Magazine](http://nymag.com/news/intelligencer/intrade-2013-3/) -- "One bet no one braved was on the future of Intrade itself. A wager on whether the site would close by December 2012 didn’t get any takers. 'Even if you were willing to take that bet and you won,' explained NYU Stern’s [Panos Ipeirotis](http://www.stern.nyu.edu/faculty/bio/panagiotis-ipeirotis), 'who would pay you?'"

[Read more](http://nymag.com/news/intelligencer/intrade-2013-3/)