This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Efficiency in Betting Markets: Evidence from English Football

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Bruno Deschamps
Olivier Gergaud

Additional information is available for the following registered author(s):

Abstract

We analyze the efficiency of English football betting markets between 2002 and 2006. We find evidence of a positive favourite-longshot bias for both home odds and away odds. Draw odds are instead characterized by a negative longshot bias. We also identify a draw bias in the sense that betting at draw odds yields a higher return than betting at home or away odds. Finally, we investigate betting strategies that exploit the variance of odds between bookmakers.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.ingentaconnect.com/content/ubpl/jpm/2007/00000001/00000001/art00005
File Format: text/html
File Function:
Download Restriction: no

Publisher Info
Article provided by University of Buckingham Press in its journal Journal of Prediction Markets.

Volume (Year): 1 (2007)
Issue (Month): 1 (February)
Pages: 61-73
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:buc:jpredm:v:1:y:2007:i:1:p:61-73

Contact details of provider:
Web page: http://www.ubpl.co.uk/

Order Information:
Email:
Web: http://www.predictionmarketjournal.com/index_files/Page418.htm

For technical questions regarding this item, or to correct its listing, contact: (Victor Matheson, College of the Holy Cross).

Related research
Keywords:

Find related papers by JEL classification:
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism

Statistics
Access and download statistics

Did you know? A tutorial is available.

This page was last updated on 2009-11-17.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.