120
Views
6
CrossRef citations to date
0
Altmetric
Original Articles

The effect of late money on betting market efficiency

&
Pages 369-372 | Published online: 04 Feb 2009

References

  • Asch , P. , Malkiel , B. G. and Quandt , R. E. 1982 . Racetrack betting and informed behavior . Journal of Financial Economics , 10 : 187 – 94 .
  • Busche , K. and Walls , W. D. 2000 . Decision cost and betting market efficiency . Rationality and Society , 12 : 477 – 92 .
  • Coleman , L. 2004 . New light on the longshot bias . Applied Economics , 36 : 315 – 26 .
  • Crafts , N. F. R. 1985 . Some evidence of insider knowledge in horse race betting in Britain . Economica , 52 : 295 – 304 .
  • Gander , J. M. , Zuber , R. A. and Johnson , R. S. 2001 . Searching for the favourite-longshot bias down under: an examination of the New Zealand pari-mutuel betting market . Applied Economics , 33 : 1621 – 9 .
  • Gramm , M. and Owens , D. H. 2006 . Efficiency in pari-mutuel betting markets across wagering pools in the Simulcast Era . Southern Economic Journal , 72 : 926 – 37 .
  • Harville , D. A. 1973 . Assigning probabilities to the outcomes of multi-entry competitons . Journal of the American Stastistical Association , 69 : 446 – 52 .
  • Sauer , R. D. 1998 . The economics of wagering markets . Journal of Economic Literature , 36 : 2021 – 64 .
  • Thaler , R. H. and Ziemba , W. T. 1998 . Anomalies: parimutuel betting markets: racetracks and lotteries . The Journal of Economic Perspectives , 2 : 161 – 74 .
  • Vaughan Williams , L. 1999 . Information efficiency in betting markets: a survey . Bulletin of Economic Research , 51 : 307 – 37 .
  • Vaughan Williams , L. and Paton , D. 1998 . Do betting cost explain betting biases? . Applied Economics Letters , 5 : 333 – 5 .

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:

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:

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.