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- W1604293003 abstract "We analyze the efficiency of English football betting markets between 2002 and 2006. We find evidence of a positive favourite-longshot bias for both home odds and away odds. Draw odds are instead characterized by a negative longshot bias. We also identify a draw bias in the sense that betting at draw odds yields a higher return than betting at home or away odds. Finally, we investigate betting strategies that exploit the variance of odds between bookmakers." @default.
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- W1604293003 date "2012-12-13" @default.
- W1604293003 modified "2023-10-14" @default.
- W1604293003 title "EFFICIENCY IN BETTING MARKETS: EVIDENCE FROM ENGLISH FOOTBALL" @default.
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- W1604293003 doi "https://doi.org/10.5750/jpm.v1i1.420" @default.
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