We develop a model to estimate bettor biases of inherent characteristics in betting markets, and we use the model to estimate biases in the NFL betting market. We show that the well documented NFL home-underdog bias is specifically a bias favoring home-underdogs, with no bias against the away-favorites
Sports betting markets continue to receive considerable attention from researchers regarding questio...
Using betting market volume data for the NFL and NCAA Football, we examine the role of betting volum...
National sentiment can have major implications for individual consumption and investment choices but...
The authors develop a model to investigate potential biases of inherent characteristics in betting m...
Bettor preferences and returns are examined in the NFL wagering market where both point spread and m...
The ‘‘Hot Hand’ ’ hypothesis in gambling markets—belief that teams on winning streaks will continue ...
The predictions of the traditional balanced-book sportsbook model and the alternative Levitt model o...
We investigated 1,587 Tradesports point spread contracts for NFL games during the 2005/06 season. Di...
The favorite-longshot bias, the tendency of bettors to underbet favorites and overbet longshots (und...
Two mechanical betting rules that had exposed biases in previous studies were applied to National Fo...
We examine 330,857 trades of prediction market contracts, the values of which are based on against-t...
Using data on regular season National Football League games from 1981-2004, this study examines the ...
Sports betting markets continue to receive considerable attention from researchers regarding questio...
Using betting market volume data for the NFL and NCAA Football, we examine the role of betting volum...
National sentiment can have major implications for individual consumption and investment choices but...
The authors develop a model to investigate potential biases of inherent characteristics in betting m...
Bettor preferences and returns are examined in the NFL wagering market where both point spread and m...
The ‘‘Hot Hand’ ’ hypothesis in gambling markets—belief that teams on winning streaks will continue ...
The predictions of the traditional balanced-book sportsbook model and the alternative Levitt model o...
We investigated 1,587 Tradesports point spread contracts for NFL games during the 2005/06 season. Di...
The favorite-longshot bias, the tendency of bettors to underbet favorites and overbet longshots (und...
Two mechanical betting rules that had exposed biases in previous studies were applied to National Fo...
We examine 330,857 trades of prediction market contracts, the values of which are based on against-t...
Using data on regular season National Football League games from 1981-2004, this study examines the ...
Sports betting markets continue to receive considerable attention from researchers regarding questio...
Using betting market volume data for the NFL and NCAA Football, we examine the role of betting volum...
National sentiment can have major implications for individual consumption and investment choices but...