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Applied Economics Letters Volume 21, 2014 - Issue 2
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Original Articles

What causes the favourite-longshot bias? Further evidence from tennis

Jiří LahvičkaFaculty of Economics, Department of Economics, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech RepublicCorrespondence[email protected]
Pages 90-92 | Published online: 27 Sep 2013

Citations (15)

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Read on this site (5)

Isabel Abinzano, Luis Muga & Rafael Santamaria. (2020) The role of small bettors in price formation in betting exchanges. Applied Economics 52:33, pages 3637-3650.
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Jinook Jeong, Jee Young Kim & Yoon Jae Ro. (2019) On the efficiency of racetrack betting market: a new test for the favourite-longshot bias. Applied Economics 51:54, pages 5817-5828.
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Štefan Lyócsa & Tomáš Výrost. (2018) To bet or not to bet: a reality check for tennis betting market efficiency. Applied Economics 50:20, pages 2251-2272.
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Isabel Abinzano, Luis Muga & Rafael Santamaria. (2016) Game, set and match: the favourite-long shot bias in tennis betting exchanges. Applied Economics Letters 23:8, pages 605-608.
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Štefan Lyócsa & Igor Fedorko. (2016) What drives intermediation costs? A case of tennis betting market. Applied Economics 48:22, pages 2037-2053.
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Articles from other publishers (10)

Karl Whelan. (2023) Risk aversion and favourite–longshot bias in a competitive fixed‐odds betting market. Economica 91:361, pages 188-209.
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Philip Ramirez, J. James Reade & Carl Singleton. (2023) Betting on a buzz: Mispricing and inefficiency in online sportsbooks. International Journal of Forecasting 39:3, pages 1413-1423.
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Sascha Wilkens. (2021) Sports prediction and betting models in the machine learning age: The case of tennis. Journal of Sports Analytics 7:2, pages 99-117.
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David Peón & Manel Antelo. (2021) The effect of behavioral biases on financial decisions. Revista Estrategia Organizacional 10:2.
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Maximilian Franke. (2020) Do market participants misprice lottery-type assets? Evidence from the European soccer betting market. The Quarterly Review of Economics and Finance 75, pages 1-18.
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Isabel Abinzano, Luis Muga & Rafael Santamaria. (2017) Hidden Power of Trading Activity: The FLB in Tennis Betting Exchanges. Journal of Sports Economics 20:2, pages 261-285.
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Alasdair Brown & Fuyu Yang. (2019) The wisdom of large and small crowds: Evidence from repeated natural experiments in sports betting. International Journal of Forecasting 35:1, pages 288-296.
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David Peón, Manel Antelo & Anxo Calvo-Silvosa. (2017) An inclusive taxonomy of behavioral biases. European Journal of Government and Economics 6:1, pages 24-58.
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Patric Andersson & Håkan Nilsson. (2015) Do Bettors Correctly Perceive Odds? Three Studies of How Bettors Interpret Betting Odds as Probabilistic Information. Journal of Behavioral Decision Making 28:4, pages 331-346.
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Philip Ramirez, James Reade & Carl Singleton. (2022) Betting on a buzz, mispricing and inefficiency in online sportsbooks. SSRN Electronic Journal.
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