Economics of sports betting / edited by Plácido Rodríguez, Brad R. Humphreys, Robert Simmons.

Other author Rodríguez, Plácido, editor.
Other author Humphreys, Brad R., editor.
Other author Simmons, R. (Robert), 1954- editor.
Format Electronic
PublicationCheltenham, UK : Edward Elgar, [2017]
Copyright Date©2017
Description1 online resource.
Supplemental ContentEBSCOhost
Subjects

SeriesNew horizons in the economics of sport
New horizons in the economics of sport. ^A1060377
Contents Introduction / Plácido Rodríguez, Brad R. Humphreys and Robert Simmons -- Consumer spending on spectator sports, physical activity, and gambling : evidence from Canada / Brad R. Humphreys, Jane E. Ruseski and Jie Yang -- Should gambling markets be privatized? An examination of state lotteries in the United States / Kent R. Grote and Victor A. Matheson -- Price setting and competition in fixed odds betting markets / Xiaogang Che, Arne Feddersen and Brad R. Humphreys -- Evaluating probabilities for a football in-play betting market / Stephen Dobson and John Goddard -- Forecasting football match results : are the many smarter than the few? / Jaume García, Levi Pérez and Plácido Rodríguez -- New empirical evidence on the Tote-SP anomaly and its implications for models of risky choice in gambling markets / Babatunde Buraimo, David Peel and Robert Simmons -- Market efficiency and the favorite-longshot bias : evidence from handball betting markets / Arne Feddersen -- "Hot arms" and the "hot hand" : bettor and sportsbook reaction to team and pitcher streaks in Major League Baseball / Rodney Paul and Andrew Weinbach -- Investigating the "hot hand" hypothesis : an application to European football / Robert Simmons and Rhys Wheeler -- Sports corruption and developments in betting markets / David Forrest.
Abstract This unique book delves into a number of intriguing issues and addresses several pertinent questions including, should gambling markets be privatized? Is the 'hot hand' hypothesis real or a myth? Are the 'many' smarter than the 'few' in estimating betting odds? How are prices set in fixed odds betting markets? The book also explores the informational efficiency of betting markets and the prevalence of corruption and illegal betting in sports.
Bibliography noteIncludes bibliographical references and index.
Source of descriptionOnline resource; title from PDF title page (EBSCO, viewed August 22, 2017)
Issued in other formOriginal 1785364545 9781785364549
Genre/formElectronic books.
ISBN9781785364556 (electronic bk.)
ISBN1785364553 (electronic bk.)

Availability

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Electronic Resources Access Content Online ✔ Available