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Handicaps, outcome uncertainty and attendance demand

Author

Listed:
  • David Peel
  • Dennis Thomas

Abstract

Using data on 'spread' betting odds for rugby league football this study shows that handicap odds are unbiased and efficient predictors of match results and that, as a proxy for match uncertainty of outcomes, the handicap value is a significant determinant of attendance.

Suggested Citation

  • David Peel & Dennis Thomas, 1997. "Handicaps, outcome uncertainty and attendance demand," Applied Economics Letters, Taylor & Francis Journals, vol. 4(9), pages 567-570.
  • Handle: RePEc:taf:apeclt:v:4:y:1997:i:9:p:567-570
    DOI: 10.1080/135048597355041
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    Citations

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    Cited by:

    1. Babatunde Buraimo, 2014. "Spectator demand and attendances in English league football," Chapters, in: John Goddard & Peter Sloane (ed.), Handbook on the Economics of Professional Football, chapter 4, pages 60-72, Edward Elgar Publishing.
    2. Kevin Alavy & Alison Gaskell & Stephanie Leach & Stefan Szymanski, 2010. "On the Edge of Your Seat: Demand for Football on Television and the Uncertainty of Outcome Hypothesis," International Journal of Sport Finance, Fitness Information Technology, vol. 5(2), pages 75-95, May.
    3. Dennis Coates & Brad R. Humphreys & Li Zhou, 2014. "Reference-Dependent Preferences, Loss Aversion, And Live Game Attendance," Economic Inquiry, Western Economic Association International, vol. 52(3), pages 959-973, July.
    4. Scarf, Philip & Yusof, Muhammad Mat & Bilbao, Mark, 2009. "A numerical study of designs for sporting contests," European Journal of Operational Research, Elsevier, vol. 198(1), pages 190-198, October.
    5. repec:lan:wpaper:3681 is not listed on IDEAS
    6. Coates, Dennis & Humphreys, Brad & Zhou, Li, 2012. "Outcome Uncertainty, Reference-Dependent Preferences and Live Game Attendance," Working Papers 2012-7, University of Alberta, Department of Economics.
    7. Oliver Gürtler, 2007. "A Rationale for the Coexistence of Central and Decentral Marketing in Team Sports," German Economic Review, Verein für Socialpolitik, vol. 8(1), pages 89-106, February.
    8. repec:lan:wpaper:3966 is not listed on IDEAS
    9. Alexander John Bond & Francesco Addesa, 2020. "Competitive Intensity, Fans’ Expectations, and Match-Day Tickets Sold in the Italian Football Serie A, 2012-2015," Journal of Sports Economics, , vol. 21(1), pages 20-43, January.
    10. A Jessop, 2006. "A measure of competitiveness in leagues: a network approach," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(12), pages 1425-1434, December.
    11. Men-Andri Benz & Leif Brandes & Egon Franck, 2009. "Do Soccer Associations Really Spend On A Good Thing? Empirical Evidence On Heterogeneity In The Consumer Response To Match Uncertainty Of Outcome," Contemporary Economic Policy, Western Economic Association International, vol. 27(2), pages 216-235, 04.
    12. Petr A. Parshakov & Kseniya O. Baydina, 2017. "Brands or Uncertainty? An Empirical Test of the Uncertainty of Outcome Hypothesis in Russian Football," HSE Working papers WP BRP 163/EC/2017, National Research University Higher School of Economics.
    13. repec:lan:wpaper:3575 is not listed on IDEAS
    14. repec:lan:wpaper:3573 is not listed on IDEAS
    15. Bruce Morley & Dennis Thomas, 2007. "Attendance demand and core support: evidence from limited-overs cricket," Applied Economics, Taylor & Francis Journals, vol. 39(16), pages 2085-2097.
    16. Buraimo, Babatunde & Simmons, Rob, 2009. "A tale of two audiences: Spectators, television viewers and outcome uncertainty in Spanish football," Journal of Economics and Business, Elsevier, vol. 61(4), pages 326-338, July.
    17. Yan Feng & Jinbao Wang & Yeujun Yoon, 2020. "Online Webcast Demand vs. Offline Spectating Channel Demand (Stadium and TV) in the Professional Sports League," Sustainability, MDPI, Open Access Journal, vol. 12(23), pages 1-18, November.

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