Point spread shading and behavioral biases in NBA betting markets
AbstractIntroduction – 1. A Simple model of sports book operation - 2. Data description - 3. Evidence of shading in NBA point spread betting - 4. Discussion and conclusions - References
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Bibliographic InfoArticle provided by Centro di diritto e business dello Sport in its journal Rivista di Diritto ed Economia dello Sport.
Volume (Year): 6 (2010)
Issue (Month): 1 (Aprile)
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Web page: http://www.rdes.it/
Sports betting; balanced book model; NBA; point spread;
Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
- D49 - Microeconomics - - Market Structure and Pricing - - - Other
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- Humphreys, Brad, 2010. "Prices, Point Spreads and Profits: Evidence from the National Football League," Working Papers 2010-5, University of Alberta, Department of Economics.
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