Advanced search
Publication Cover
Applied Economics Letters Volume 15, 2008 - Issue 3
Submit an article Journal homepage
314
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

The market efficiency of the soccer fixed odds internet betting market

Roman Malarić Faculty of electrical engineering and computing, University of Zagreb, Unska 3, HR-10000, Zagreb, CroatiaCorrespondence[email protected]
,
Tomislav Katić Volksbank, Zagreb, Croatia
&
Dubravko Sabolić Croatian National Power Company HEP, Zagreb, Croatia
Pages 171-174 | Published online: 26 Nov 2007

References

  • Ali , MM . 1977 . Probability and utility estimates for racetrack bettors . Journal of Political Economics , 84 : 803 – 15 .
  • Asch , P , Malkiel , B and Quandt , R . 1982 . Racetrack betting and informed behavior . Journal of Financial Economics , 10 : 187 – 94 .
  • Brown , LD , D’Amato , R and Gertner , R . 1994 . Racetrack betting: do bettors understand the odds? . Chance , 7 : 17 – 23 .
  • Busche , K . 1994 . “ Effcient market results in an Asian setting ” . In Effciency of Racetrack Betting Markets , Edited by: Hausch , D , Lo , V and Ziemba , W . 615 – 16 . New York : Academic Press .
  • Busche , K and Hall , C . 1988 . An exception to the risk preference anomaly . Journal of Business , 61 : 337 – 46 .
  • Cain , M , Law , D and Peel , D . 2000 . The favorite-longshot bias and market efficiency in UK football betting . Scottish Journal of Political Economy , 47 : 25 – 36 .
  • Dixon , MJ and Coles , SG . 1997 . Modelling association football scored and inefficiencies in football betting market . Applied Statistics , 46 : 265 – 80 .
  • Fabricand , BP . 1965 . Horse Sense , New York : David McKay Company Inc. .
  • Griffith , RM . 1949 . Odds adjustments by American horse race bettors . American Journal of Psychology , 62 : 290 – 4 .
  • Hausch , D , Ziemba , W and Rubinstein , M . 1981 . Effciency of the market for racetrack betting . Management Science , 27 : 1435 – 52 .
  • Henery , RJ . 1985 . On the average probability of losing bets on horses with given starting price odds . Journal of Royal Statistical Society–A , 148 : 342 – 9 .
  • McGlothlin , WH . 1956 . Stability of choices among uncertain alternatives . American Journal of Psychology , 69 : 604 – 15 .
  • Niermann, S., Are German sports betting markets efficient? http://www.wiwi.uni-hannover.de/statistik/niermann/efficiency.pdf (http://www.wiwi.uni-hannover.de/statistik/niermann/efficiency.pdf)
  • Sauer , RD . 1988 . The economics of wagering markets . Journal of Economic Literature , 36 : 2021 – 64 .
  • Snyder , WW . 1978 . Horse racing: testing the efficient markets model . Journal of Finance , 33 : 1109 – 18 .
  • Ziemba , WT and Hausch , DB . 1984 . Beat the Racetrack , New York : Harcourt, Brace, Jovanovich .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.