Efficiency in the NFL betting market: modifying and consolidating research methods

被引：37

作者：

Dare, WH

Holland, AS

机构：

[1] Univ Washington, Bothell, WA 98011 USA

[2] Oklahoma State Univ, Tulsa, OK 74106 USA

来源：

APPLIED ECONOMICS | 2004年 / 36卷 / 01期

关键词：

D O I：

10.1080/0003684042000177152

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Modifying and consolidating previous research methods to generate more reliable estimates, some fairly weak evidence is found of inefficiency in the NFL betting market resulting from a bias favouring home underdog (against away favourite) teams. In contrast to previous research, no evidence is found that 'momentum strategies' generate significant returns in this market.

引用

页码：9 / 15

页数：7

共 6 条

[1] A generalized model for testing the home and favorite team advantage in point spread markets [J].