Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Financial Consequences of Unbalanced Betting on NFL Games

Contents:

Author Info

  • Brad R. Humphreys

    ()
    (University of Alberta)

Abstract

Previous research on point spread betting often assumed that bookmakers attract an equal volume of bets on either side of games in order to maximize profits. This paper examines the plausibility of this assumption. Financial simulations based on actual bet volumes on NFL games, point spreads, and game outcomes over the 2005-2008 NFL seasons indicate that unbalanced betting generated positive profits for book makers, including profits larger than would have been made if the betting volume was balanced on all games.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. 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.fitinfotech.com/IJSF/IJSFbackissueWVU.tpl
Download Restriction: Full-text download requires subscription from FIT.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Fitness Information Technology in its journal International Journal of Sport Finance.

Volume (Year): 6 (2011)
Issue (Month): 1 (February)
Pages: 60-71

as in new window
Handle: RePEc:jsf:intjsf:v:6:y:2011:i:1:p:60-71

Contact details of provider:
Web page: http://www.fitinfotech.com/

Order Information:
Web: http://www.fitinfotech.com/IJSF/IJSFbackissueWVU.tpl

Related research

Keywords: point spread betting; financial simulation;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Babatunde Buraimo & David Peel & Rob Simmons, 2013. "Systematic Positive Expected Returns in the UK Fixed Odds Betting Market: An Analysis of the Fink Tank Predictions," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 1(4), pages 168-182, December.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:jsf:intjsf:v:6:y:2011:i:1:p:60-71. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.