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Applied Economics Volume 38, 2006 - Issue 3
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Original Articles

Testing the efficiency of the National Football League betting market

Bryan L. Boulier Department of Economics, The George Washington University, Washington, DC 20052, USACorrespondence[email protected]
,
H. O. Stekler Department of Economics, The George Washington University, Washington, DC 20052, USA
&
Sarah Amundson Department of Economics, The George Washington University, Washington, DC 20052, USA
Pages 279-284 | Published online: 19 Aug 2006

References

  • Boulier , BL and Stekler , HO . 2003 . Predicting the outcomes of National Football League games . International Journal of Forecasting , 19 : 257 – 70 .
  • Gandar , J , Zuber , R , O’Brien , T and Russo , B . 1988 . Testing rationality in the point spread betting market . Journal of Finance , 43 : 995 – 1007 .
  • Gray , P and Gray , SF . 1997 . Testing market efficiency: evidence from the NFL sports betting market . Journal of Finance , 52 : 1725 – 37 .
  • Osborne , E . 2001 . Efficient markets? Don’t bet on it . Journal of Sports Economics , 2 : 50 – 61 .
  • Sauer , RD . 1998 . The economics of wagering markets . Journal of Economic Literature , 36 : 2021 – 64 .
  • Sauer , RD , Brajer , V , Ferris , SP and Marr , MW . 1988 . Hold your bets: another look at the efficiency of the gambling market for National Football League games . Journal of Political Economy , 96 : 206 – 13 .
  • Silverstein , T . 2000 . Dome offers no pleasure . Milwaukee Journal Sentinel Online , 7 October www.jsonline.com/packer/news/oct00/packers08s1100700.asp
  • Vergin , RC and Scriabin , M . 1978 . Winning strategies for wagering on National Football League games . Management Science , 24 : 809 – 18 .
  • Zuber , RA , Gandar , JM and Bowers , BD . 1985 . Beating the spread: testing the efficiency of the gambling market for National Football League games . Journal of Political Economy , 93 : 800 – 6 .

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