Bettor preferences and market efficiency in football totals markets

Rodney Paul, Andrew P. Weinbach

Research output: Contribution to journalArticle

8 Scopus citations

Abstract

The betting markets for totals in college football and arena football provide additionalevidence of bettor preference for scoring. The results for college football and arena football markets are similar to those found in the professional football and professional basketball totals market. In all of these leagues, the overs are overbet. We suggest that there is a clear preference for bettors to bet the over and the extent of the bias depends upon the volume of uninformed bettors to informed bettors and limits placed on bets in these markets.

Original languageEnglish (US)
Pages (from-to)409-415
Number of pages7
JournalJournal of Economics and Finance
Volume29
Issue number3
DOIs
StatePublished - Jan 1 2005
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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