Betting with house money: reverse line movement based strategies in college football totals markets
Author
Abstract
Suggested Citation
DOI: 10.1007/s12197-019-09479-3
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Michael Sinkey & Trevon Logan, 2014. "Does the Hot Hand Drive the Market? Evidence from College Football Betting Markets," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 40(4), pages 583-603, September.
- Rodney Paul & Andrew Weinbach, 2005. "Bettor preferences and market efficiency in football totals markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 29(3), pages 409-415, September.
- Daniel Kuester & Shane Sanders, 2011. "Regional information and market efficiency: the case of spread betting in United States college football," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(1), pages 116-122, January.
- Rodney Paul & Andrew Weinbach, 2011. "NFL bettor biases and price setting: further tests of the Levitt hypothesis of sportsbook behaviour," Applied Economics Letters, Taylor & Francis Journals, vol. 18(2), pages 193-197.
- B. Jay Coleman, 2017. "Team Travel Effects and the College Football Betting Market," Journal of Sports Economics, , vol. 18(4), pages 388-425, May.
- Salaga, Steven & Tainsky, Scott, 2015. "Betting lines and college football television ratings," Economics Letters, Elsevier, vol. 132(C), pages 112-116.
- Gandar, John, et al, 1988. " Testing Rationality in the Point Spread Betting Market," Journal of Finance, American Finance Association, vol. 43(4), pages 995-1008, September.
- Steven D. Levitt, 2004. "Why are gambling markets organised so differently from financial markets?," Economic Journal, Royal Economic Society, vol. 114(495), pages 223-246, April.
- James Francisco & Evan Moore, 2018. "A comment on Paul and Weinbach’s (2005) “Bettor preferences and efficient markets in totals markets”," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 42(4), pages 836-840, October.
- Ravija Badarinathi & Ladd Kochman, 1996. "Football Betting and the Efficient Market Hypothesis," The American Economist, Sage Publications, vol. 40(2), pages 52-55, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Robert Arscott, 2023. "Market Efficiency and Censoring Bias in College Football Gambling," Journal of Sports Economics, , vol. 24(5), pages 664-689, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Evan Moore & James Francisco, 2019. "Efficiency, Profitability, and College Football: do Bettors Overrate the Major Conferences in Interconference Play?," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(2), pages 159-167, June.
- Randall W. Bennett, 2019. "Holdover Bias in the College Football Betting Market," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(1), pages 103-110, March.
- Justin Cox & Adam L. Schwartz & Bonnie F. Van Ness & Robert A. Van Ness, 2021. "The Predictive Power of College Football Spreads: Regular Season Versus Bowl Games," Journal of Sports Economics, , vol. 22(3), pages 251-273, April.
- Robert Arscott, 2023. "Market Efficiency and Censoring Bias in College Football Gambling," Journal of Sports Economics, , vol. 24(5), pages 664-689, June.
- Kevin Krieger & Andy Fodor & Greg Stevenson, 2013. "The Sensitivity of Findings of Expected Bookmaker Profitability," Journal of Sports Economics, , vol. 14(2), pages 186-202, April.
- Andy Fodor, 2014. "Does Jet Lag Create A Profitable Opportunity For Nfl Bettors?," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 8(1), pages 41-52.
- Michael DiFilippo & Kevin Krieger & Justin Davis & Andy Fodor, 2014. "Early Season NFL Over/Under Bias," Journal of Sports Economics, , vol. 15(2), pages 201-211, April.
- Kevin Krieger & Justin L. Davis & James Strode, 2021. "Patience is a virtue: exploiting behavior bias in gambling markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(4), pages 735-750, October.
- Andy Fodor & Michael DiFilippo & Kevin Krieger & Justin Davis, 2013. "Inefficient pricing from holdover bias in NFL point spread markets," Applied Financial Economics, Taylor & Francis Journals, vol. 23(17), pages 1407-1418, September.
- Andrew Weinbach & Rodney J. Paul, 2009. "National television coverage and the behavioural bias of bettors: the American college football totals market," International Gambling Studies, Taylor & Francis Journals, vol. 9(1), pages 55-66, April.
- Jeremy Sandford & Paul Shea, 2013. "Optimal Setting of Point Spreads," Economica, London School of Economics and Political Science, vol. 80(317), pages 149-170, January.
- David Card & Gordon B. Dahl, 2011.
"Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 103-143.
- David Card & Gordon Dahl, 2009. "Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior," NBER Working Papers 15497, National Bureau of Economic Research, Inc.
- Card, David & Dahl, Gordon B., 2010. "Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior," IZA Discussion Papers 4869, Institute of Labor Economics (IZA).
- David Card & Gordon Dahl, 2009. "Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior," RCER Working Papers 546, University of Rochester - Center for Economic Research (RCER).
- Klaassen, F.J.G.M. & Magnus, J.R., 2006.
"Are Economic Agents Successful Optimizers? An Analysis Through Strategy in Tennis,"
Other publications TiSEM
73e12d86-8fe4-4a87-9181-7, Tilburg University, School of Economics and Management.
- Klaassen, F.J.G.M. & Magnus, J.R., 2006. "Are Economic Agents Successful Optimizers? An Analysis Through Strategy in Tennis," Discussion Paper 2006-52, Tilburg University, Center for Economic Research.
- Daniel M. Chin, 2011. "A Test of Unbiasedness and Sports Book Profits in the NFL Point Spread Betting Merket Using Circadian Advantage," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 5(3), pages 15-26, October.
- Rodney Paul & Andrew Weinbach & Justin Mattingly, 2018. "Tests of Racial Discrimination in a Simple Financial Market: Managers in Major League Baseball," IJFS, MDPI, vol. 6(1), pages 1-10, March.
- Igan, Deniz & Pinheiro, Marcelo & Smith, John, 2011. ""White men can't jump," but would you bet on it?," MPRA Paper 31469, University Library of Munich, Germany.
- Kevin Krieger & Clay Girdner & Andy Fodor & David Kirch, 2013. "The Power Of Wagering On Power Conferences," Journal of Prediction Markets, University of Buckingham Press, vol. 7(1), pages 13-26.
- Adi Schnytzer & Guy Weinberg, 2008. "Testing for Home Team and Favorite Biases in the Australian Rules Football Fixed-Odds and Point Spread Betting Markets," Journal of Sports Economics, , vol. 9(2), pages 173-190, April.
- Michael Sinkey & Trevon Logan, 2014. "Does the Hot Hand Drive the Market? Evidence from College Football Betting Markets," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 40(4), pages 583-603, September.
- Durand, Robert B. & Patterson, Fernando M. & Shank, Corey A., 2021. "Behavioral biases in the NFL gambling market: Overreaction to news and the recency bias," Journal of Behavioral and Experimental Finance, Elsevier, vol. 31(C).
More about this item
Keywords
College football; Gambling; Financial markets; Recreation;All these keywords.
JEL classification:
- G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
- G29 - Financial Economics - - Financial Institutions and Services - - - Other
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jecfin:v:43:y:2019:i:4:d:10.1007_s12197-019-09479-3. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.