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Titel
Short and long-term biases in European football pre-game betting markets / David Winkelmann, Marius Ötting, Christian Deutscher
VerfasserWinkelmann, David ; Ötting, Marius ; Deutscher, Christian
ErschienenBielefeld, Germany : Universität Bielefeld, Faculty of Business Administration and Economics, August 2020
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Elektronische Ressource
Umfang1 Online-Ressource (26 Seiten) : Diagramme
SerieWorking papers in economics and management ; No. 06-2020
URNurn:nbn:de:hbz:6:2-1392381 
DOI10.4119/unibi/2945090 
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Short and long-term biases in European football pre-game betting markets [3.07 mb]
Zusammenfassung

Research on sports betting often attempts to identify biased evaluation by bookmakers, opening opportunities for pro table strategies to bettors. Previous studies have provided evidence for the existence of such ine ciencies. Since most studies cover only a few seasons, the question of whether market ine ciencies per- sist over time remains unanswered. We analyse the big ve leagues in European association football for fourteen seasons to detect the occurrence and duration of market ine ciencies. While our results suggest that most biases do not persist for a long time, we still uncover pro table betting strategies throughout the full observation period.

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