Widespread Corruption in Sports Gambling: Fact Or Fiction
AbstractWe examine whether point-shaving is widespread in National Collegiate Athletic Association basketball by comparing bet and game outcomes with those in professional sports. Results suggest that unusual patterns previously suspected to be indicators of point-shaving are ubiquitous throughout sports and unlikely to be caused by corruption. We suggest that line shading by sports books may explain the anomalies in game and bet outcome distributions.
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Bibliographic InfoArticle provided by Southern Economic Association in its journal Southern Economic Journal.
Volume (Year): 74 (2008)
Issue (Month): 4 (April)
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- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies
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- Borghesi, Richard & Dare, William, 2009. "A test of the widespread-point-shaving theory," Finance Research Letters, Elsevier, vol. 6(3), pages 115-121, September.
- Darren Grant & William B. Green, 2009. "The Simple Economics of Thresholds: Grades as Incentives," Working Papers 0901, Sam Houston State University, Department of Economics and International Business.
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