There is evidence that stock market investors overreact to stocks that have been identified as winners and losers. This article examines whether contrarian strategies of selling (betting against) winners and buying (betting on) losers are successful in the gambling market for professional football. Contrary to the stock market, National Football League betting is found to be highly efficient. Because risk is constant for all football wagers, results support the argument that abnormal returns paid to contrarian stock market investors may be attributed to the higher risk incurred
Sports betting and racetrack markets continue to be utilized by academic researchers to provide insi...
Racetrack and sports betting markets have been researched extensively with respect to the question o...
Since Pankoff (Journal of Business, 1968), investment writers have recognized that bets on the outco...
There is evidence that stock market investors overreact to stocks that have been identified as winne...
There is evidence that stock market investors overreact to stocks that have been identified as winne...
This article tests the efficient-markets hypothesis by looking at profits in National Football Leagu...
This article examines the efficiency of the National Football League (NFL) betting market. The stand...
This article examines the efficiency of the National Football League betting market. The standard or...
Sports betting and racetrack markets continue to be utilized by academic researchers to provide insi...
Sports betting markets continue to receive considerable attention from researchers regarding questio...
Do not cite unless with written permission of the author. Adjusting for risk in the test of gambling...
The favorite-longshot bias, the tendency of bettors to underbet favorites and overbet longshots (und...
We examine the potential for generating positive returns from wagering on football matches. To this ...
This paper evaluates weak form efficiency of online sport betting markets from statistical and econo...
This research investigates the efficiency of the sports betting market using football, with...
Sports betting and racetrack markets continue to be utilized by academic researchers to provide insi...
Racetrack and sports betting markets have been researched extensively with respect to the question o...
Since Pankoff (Journal of Business, 1968), investment writers have recognized that bets on the outco...
There is evidence that stock market investors overreact to stocks that have been identified as winne...
There is evidence that stock market investors overreact to stocks that have been identified as winne...
This article tests the efficient-markets hypothesis by looking at profits in National Football Leagu...
This article examines the efficiency of the National Football League (NFL) betting market. The stand...
This article examines the efficiency of the National Football League betting market. The standard or...
Sports betting and racetrack markets continue to be utilized by academic researchers to provide insi...
Sports betting markets continue to receive considerable attention from researchers regarding questio...
Do not cite unless with written permission of the author. Adjusting for risk in the test of gambling...
The favorite-longshot bias, the tendency of bettors to underbet favorites and overbet longshots (und...
We examine the potential for generating positive returns from wagering on football matches. To this ...
This paper evaluates weak form efficiency of online sport betting markets from statistical and econo...
This research investigates the efficiency of the sports betting market using football, with...
Sports betting and racetrack markets continue to be utilized by academic researchers to provide insi...
Racetrack and sports betting markets have been researched extensively with respect to the question o...
Since Pankoff (Journal of Business, 1968), investment writers have recognized that bets on the outco...