Short and long-term biases in European football pre-game betting markets
Winkelmann D, Ötting M, Deutscher C (2020) Universität Bielefeld Working Papers in Economics and Management; 06-2020.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
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| Veröffentlicht | Englisch
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Abstract / Bemerkung
Research on sports betting often attempts to identify biased evaluation by
bookmakers, opening opportunities for profitable strategies to bettors. Previous
studies have provided evidence for the existence of such ineffiiciencies. Since most
studies cover only a few seasons, the question of whether market inefficiencies per-
sist over time remains unanswered. We analyse the big five leagues in European
association football for fourteen seasons to detect the occurrence and duration of
market inefficiencies. While our results suggest that most biases do not persist
for a long time, we still uncover profitable betting strategies throughout the full
observation period.
Stichworte
OR in sports;
Sports betting;
Efficient markets;
Biases
Erscheinungsjahr
2020
Serientitel
Universität Bielefeld Working Papers in Economics and Management
Band
06-2020
Seite(n)
27
Urheberrecht / Lizenzen
ISSN
2196-2723
Page URI
https://pub.uni-bielefeld.de/record/2945090
Zitieren
Winkelmann D, Ötting M, Deutscher C. Short and long-term biases in European football pre-game betting markets. Universität Bielefeld Working Papers in Economics and Management. Vol 06-2020. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2020.
Winkelmann, D., Ötting, M., & Deutscher, C. (2020). Short and long-term biases in European football pre-game betting markets (Universität Bielefeld Working Papers in Economics and Management, 06-2020). Bielefeld: Bielefeld University, Department of Business Administration and Economics. https://doi.org/10.4119/unibi/2945090
Winkelmann, David, Ötting, Marius, and Deutscher, Christian. 2020. Short and long-term biases in European football pre-game betting markets. Vol. 06-2020. Universität Bielefeld Working Papers in Economics and Management. Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Winkelmann, D., Ötting, M., and Deutscher, C. (2020). Short and long-term biases in European football pre-game betting markets. Universität Bielefeld Working Papers in Economics and Management, 06-2020, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Winkelmann, D., Ötting, M., & Deutscher, C., 2020. Short and long-term biases in European football pre-game betting markets, Universität Bielefeld Working Papers in Economics and Management, no.06-2020, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
D. Winkelmann, M. Ötting, and C. Deutscher, Short and long-term biases in European football pre-game betting markets, Universität Bielefeld Working Papers in Economics and Management, vol. 06-2020, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2020.
Winkelmann, D., Ötting, M., Deutscher, C.: Short and long-term biases in European football pre-game betting markets. Universität Bielefeld Working Papers in Economics and Management, 06-2020. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2020).
Winkelmann, David, Ötting, Marius, and Deutscher, Christian. Short and long-term biases in European football pre-game betting markets. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2020. Universität Bielefeld Working Papers in Economics and Management. 06-2020.
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Open Access
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2020-08-07T13:45:35Z
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Spätere Version
Betting Market Inefficiencies in European Football – Bookmakers’ Mispricing or Pure Chance?
Winkelmann D, Ötting M, Deutscher C (2020) Universität Bielefeld Working Papers in Economics and Management; 06-2020, Aktual. Version, Dec. 2020.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Winkelmann D, Ötting M, Deutscher C (2020) Universität Bielefeld Working Papers in Economics and Management; 06-2020, Aktual. Version, Dec. 2020.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
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